Company:

Project Progress Ltd is a Web Services Operator specialising in the delivery of project-related solutions on an Application Service Provider basis for multiple markets. ProjectProgress™ is recognised as the market leader for automated PRINCE2™ delivery and compliance.

Business Focus:

ProjectProgress™ provides web-based applications for automated delivery and compliance of PRINCE2™. PRINCE®, which stands for PRojects IN Controlled Environments, is a project management method covering the organisation, management and control of projects. PRINCE was first developed by the Central Computer and Telecommunications Agency (CCTA), now part of the Office of Government Commerce (OGC), in 1989 as a UK Government standard for IT project management. ProjectProgress™ delivers the PRINCE2™ method online, providing multiple users with a prescriptive environment for ensuring projects are properly managed and executed

Market Size:

According to the APM Group, at the end of 2005, approximately 150,000 had taken the PRINCE2™ exam, of which 120,000 are based in the UK. This is a combined total of Practitioner and Foundation Levels. Furthermore, 25,000 people take PRINCE2™ exams pa, which averages around 850 people per week.

In the UK, 25% of GDP is spent on projects. This equated to £261 billion in 2002. The UK government is estimated to spend $22 billion in 2005, making it the biggest government spender of IT in Europe. Most NHS Authorities need to spend approximately 4 % of turnover on IT and the number of IT staff within the NHS is expected to rise to 30,000 people.

Technology Platform:

Built on Microsoft .NET and MS SQL server, the PPPlatform™ is a system that allows application developers to create very secure, High performance Web Service and Internet applications.

Customers:

ProjectProgress™ is typically aimed at large, PRINCE2™ compliant organisations, managing multiple projects in disparate locations, but is equally applicable to smaller companies that need to manage projects effectively.

Existing customers currently include: Fitzpatrick plc, Barts and The London NHS Trust, NHS SLAM and BT