Company Overview
With Apptio, IT leaders become strategic partners to the business by demonstrating value of IT investments, accelerate innovation and shift their technology investments from running the business to digital innovation. Hundreds of global enterprise organizations choose Apptio as their business system of record for hybrid IT. In 2023 Apptio was acquired by IBM.
Apptio’s Business Value solution calculates IT bills using your service catalogue, service rates, and business consumption data. The outcome is better conversations with the business about the consumption that drives IT’s rates as well as reduced time spent answering questions about those charges.
Apptio’s Cloud & Hybrid solution is a cloud cost management and optimization software that reduces cloud costs and increases the speed and success rate of migration decisions. Apptio's solution uses machine learning to identify optimization opportunities, while surfacing utilization, capacity, and total cost of on-premises infrastructure—empowering cloud leadership to rein in excessive cloud usage and spend. Drive accountability for cloud consumption and costs; predict, plan, and purchase cloud services capacity; and compare cloud service and provider pricing.
Apptio’s Financial Management solution allows IT Finance leaders to drive an ongoing spend optimization and planning process that regularly returns discretionary funds to the business and reduces financial risk through increased accountability and accuracy of the IT financial plan.