Instantis Company Overview

About Instantis

Instantis is a leading provider of project portfolio management software used by business process and IT leaders to improve strategy execution and financial performance. We do this by providing an end-to-end solution to manage, track, and report on enterprise Strategies, Processes, Projects, Portfolios, Resources, Costs and Benefits.

Leading global corporations like Abbott, BP, Credit Suisse, DuPont, France Telecom, Lilly, Lenovo and Xerox rely on a single system called EnterpriseTrack to fulfill the distinctive requirements of their strategic project portfolios such as Six Sigma, Lean, IT and PMO. Unlike competitive alternatives, EnterpriseTrack is easy to deploy quickly, easy to use and administer, and easy to afford.

Instantis’ flagship software solution is called EnterpriseTrack™. EnterpriseTrack is a secure, full-featured software solution for end-to-end project portfolio management. The system ensures that more, higher value projects can be completed faster with existing resources. As a result, organizations start accruing financial benefits sooner and realize a compelling ROI (Return on Instantis!) in less than one year. The heart and soul of the EnterpriseTrack system is its market-leading dashboard and reporting capabilities.  They allow organizations to easily and instantly compose and share project- and portfolio-level dashboards and reports at any phase of the project life cycle from ideas to proposals to project execution to metrics and results.

EnterpriseTrack is a secure, state-of-the-art Software-as-a-Service (SaaS) application available for deployment on-premise or on-demand at the Instantis carrier-grade hosting facility. It is well known for its unmatched out-of-box configurability and deployment timeframes can be measured in days not months. Only Instantis EnterpriseTrack delivers the unique ability to manage and align strategy, processes and project portfolios in a single system, manage multiple project portfolio types in a single system and meet the most demanding needs of the largest global deployments.

Company Profile and Highlights

Instantis was founded in 1999 by Dr. Prasad Raje who continues today as chief executive officer. Since its inception Dr. Raje has raised over $30 million from top tier venture capital firms including US Venture Partners (USVP), Goldman Sachs and JK&B Capital. Under Dr. Raje’s direction, the company has amassed a roster of Global 3000 clients spanning North America, Europe, Africa and the Pacific Rim.

Instantis is guided by a high profile board of directors which includes Max Hopper former CIO of AMR Corporation and David Liddle who serves on the board of the New York Times Company and is currently a partner at USVP. In addition, Instantis is counseled by a distinguished corporate advisory board – a virtual who’s who of industry luminaries and thought leaders in the Six Sigma and business excellence fields.

Customers and Marketplace

Instantis customers have made EnterpriseTrack the leading provider of software for managing top-down initiatives and strategy project portfolios like Six Sigma, Lean and IT/PMO with more customers deployed on its flagship EnterpriseTrack™ product than any competitive product. In 2008, Instantis introduced EnterpriseTrack 6 PMO Edition which positions Instantis to more aggressively directly pursue IT and PMO opportunities. As a result, Instantis has strengthened a key differentiator of the EnterpriseTrack system: the ability manage multiple project portfolio types in a single system such as Lean, Six Sigma, IT, PMO, innovation, and others.

In terms of industry footprint, Instantis has a strong presence in the discrete and process manufacturing industries with iconic Six Sigma practitioners like Motorola, DuPont, and Xerox deployed on EnterpriseTrack. Instantis has a particularly strong presence in the healthcare space with pharmaceutical giants such as Baxter, Lilly and McKesson and several hospital systems and healthcare equipment providers as clients. Instantis is also growing quickly in the financial and other services sectors. Customers include financial services powerhouse Credit Suisse and telecom services providers such as France Telecom. More recently, Instantis has experienced success in the high-tech sector adding companies like Lenovo and Research in Motion to its client roster.

The project portfolio types that EnterpriseTrack can manage in a single system – such as operational excellence, IT/PMO, new product development, and CapEx projects -- are not unique to any particular industry. As a result, moving forward Instantis will continue to focus on multi-initiative project portfolio management opportunities within any large global organizations with total annual revenues typically exceeding $750 million.

For companies on an operational or performance excellence journey (e.g. pursuing CXO-mandated Six Sigma, Lean initiatives), Instantis EnterpriseTrack is designed to support organizations just starting and those that are on the leading edge. The Instantis Six Sigma Maturity Model (iSSMM™) defines the commonly experienced stages of Six Sigma maturity including: Launch, Early Success, Scale Replication, Institutionalization, and Cultural Transformation. Instantis customers span all stages defined by this model since it can be configured to reveal increasing levels of functional sophistication based on customer needs and readiness.