Artifact Software has added Project & Portfolio Management to its SaaS Lighthouse product. The new 5.0 release, code-named Vancouver, provides software professionals with new PPM capabilities that are integrated with Lighthouse's set of lifecycle management features. Both PPM and lifecycle management capabilities are blended together into a single online project workspace.

By bringing together software project tools and data into a single, integrated workspace, teams using Lighthouse benefit with real-time traceability and project metrics, collaboration, and are able to identify and correct risk factors before they have a severe impact on project budgets, schedules and quality.

Lighthouse is used on a variety of software projects such as commercial application deployments for products from SAP, Oracle, Microsoft, and others, product development, custom system development and deployments, and web and commerce site projects.

We built Lighthouse from the ground up to be highly customizable so our solution can adapt to a variety of software projects and processes," commented Artifact's Chief Technology Officer, Paul Martin. "Lighthouse's highly scalable, multi-tenant architecture leverages the latest technology such as Ajax, Service Oriented Architectures, Open Source, and Virtualization, to deliver a state-of-the-art product at an affordable price. By combining advanced SaaS and virtualization technologies with true low total cost of ownership, we are delivering a powerful software project platform to the mass market."