History of Primavera Systems, Inc

Primavera Systems, Inc. was founded on May 1, 1983 by Joel Koppelman and Dick Fa
ris. It traded as a private company based in Pennsylvania (USA), developing soft
ware for the Project Portfolio Management market. To help expand its product cap
abilities, Primavera acquired Eagle Ray Software Systems in 1999, Evolve Technol
ogies (a professional services automation vendor) in 2003, ProSight [2][3] (an I
T portfolio management software vendor) in 2006, and, in the same year, Pertmast
er (a project risk management software vendor).[1][2]
In 2008, Oracle announced it was acquiring Primavera,[3] turning it into the Pri
mavera Global Business Unit (PGBU).
Software by Primavera Systems, Inc.
As of 2008, Primavera Systems was supporting long-established products P3 and Su
re-Trak, and newer P6 version. The long-standing P3 product in its various forms
was used by 25% of the heavy construction industry, its predominate customer ba
se; the next most popular software was used by 11%.[4] Nearly 40% of general con
tractors with an annual revenue of $5M to $10M used Primavera P3. In comparison
the P6 version did not register in a CFMA 2008 survey of the United States const
ruction industry. The P3 version to P6 version change is based in a move from DO
S-type shortcut keys to mouse-based icons. The result is a software application
that was once very fast to use but grounded in shortcut functions some found dif
ficult to master, to a mouse-based application that is quicker to learn, but onc
e mastered never achieves the same speed of use. The Primavera Project Planner D
OS core launched in 1983[5] and the P3 Windows interface launched in 1994.[6] Af
ter a 27-year run Oracle ceased sales of the P3 and SureTrak versions on Decembe
r 31, 2010.[7]
Current Software by Oracle Primavera
Today, Oracle Primavera services project-intensive industries such as engineerin
g and construction, aerospace and defense, utilities, oil and gas, chemicals, in
dustrial manufacturing, automotive, financial services, communications, travel a
nd transportation, healthcare, and government.
The PGBU is currently focusing on providing web-based Enterprise Project Portfol
io Management software that encompasses resource allocation, cost reduction, sup
ply-chain efficiency, and decision-making?using real-time data, for the Enterpri
se market.
Primavera P6 Enterprise Project Portfolio Management
Primavera P6 Professional Project Management
Primavera P6 Analytics
Primavera Portfolio Management
Primavera Contract Management
Primavera Risk Analysis
Primavera Inspire for SAP
Primavera Earned Value Management
Primavera Contractor
Primavera Unifier
In 2011, Joel Koppelman announced his retirement and was succeeded by Mike Sicil
ia, SVP and General Manager. The co- founder, Dick Faris, remains in the PGBU as
Sr Vice President, Customers.