Apptio Makes Realizing Value With Technology Business Management Easier While Advancing Cloud and Agile Financial Management


Apptio, a leading technology spend and value management company, launched Apptio Cost Management to help organizations get started and realize value on their TBM journey faster and easier. Available now, Apptio Cost Management enables new customers to quickly achieve cost transparency and optimization of their technology spend with implementation and native, out-of-the box reporting. Apptio is also bringing its technology planning and forecasting expertise to both its Cloudability and Targetprocess products with the launch of Cloudability Financial Planning and Targetprocess Labor Financial Management solutions. Additionally, Apptio and IBM are launching the first technical product integration between Cloudability and IBM Turbonomic.

Apptio is seeing an increasing evolution in the market, as more advanced organizations are consistently applying TBM best practices to align technology investments to business strategy and value, while others are still working out of spreadsheets and don’t have visibility into their technology costs.

“As a large organization, while we share a singular focus on making sound strategic technology investments, different teams are moving at different paces in their processes,” said Dinesh Keswani, Chief Technology Officer at Nomura. “With Apptio, we can take advantage of platform capabilities that serve our overall TBM journey.”

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“Organizations are under pressure to optimize their technology investments either by cutting costs or redirecting those funds to innovation, whether they’re well along their TBM journey or just starting to move away from manual spreadsheets,” said Eugene Khvostov, Chief Product Officer at Apptio. “What we’re announcing today is an evolution of the Apptio portfolio to meet practitioners where they are and give them a path to reach their long-term goals.”

SOURCE: Businesswire