Apptio and ServiceNow Join Forces to Provide Innovative IT Services Transformation Solution
Cloud-Based Offering Accelerates IT Services Transformation and Business Alignment
Seattle, Wash. - May 12, 2011 - Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, and ServiceNow, the creators of SaaS for IT management, today announced a new joint partnership that combines market-leading cloud services for IT service automation and IT financial and performance management into an integrated offering. Together, these two SaaS-based innovators will enable their customer base to automate their IT operations and redefine their IT planning lifecycle with an integrated, purpose-built solution designed to help IT leaders make smarter decisions about optimizing IT and transforming to a services portfolio management strategy. Apptio will be exhibiting at Knowledge 11, the ServiceNow user conference in San Diego that starts on May 15th in Booth #106.
The dynamic nature of today's organizations where business services can be instantly provisioned and accessed on demand requires a more agile approach to managing the cost, quality, and value of IT services. With this announcement, ServiceNow and Apptio introduce a modern approach for the "New IT," where IT and the business are inseparable and IT services, resource planning, and decision-making can be made in near real-time.
"We are focused on unlocking the potential of Swiss Re IT service offerings," said Daniel Kohler, IT head of service transition & operation support for Swiss Re, one of the first companies to benefit from the integrated offering. "The ServiceNow and Apptio combination helps us establish relationships between our IT services, products, resources and consumption to visualize services and drive financial models. Utilizing ServiceNow and Apptio increases our IT cost transparency and helps us optimize our IT service portfolio."
Initially, the two companies are providing integration between Apptio IT Service Costing, IT Service Performance, and IT Planning applications with ServiceNow Service Catalog, Service Portfolio, CMDB, and Project and Portfolio Management. The combined capabilities enable Apptio's TBM suite to leverage management data stored in ServiceNow, such as asset information, operations work time and project labor. In addition, ServiceNow will be able to drive more insightful IT service portfolio decisions by leveraging Apptio's activity-based costing and IT planning engine.
"Today's IT departments bear only a superficial resemblance to their predecessors. Virtualization, cloud computing, and mobility are fundamentally changing the way IT sources and delivers services to the business and consequently, a new approach is required to manage the business of IT," said Fred Luddy, ServiceNow chief product officer. "Our work with Apptio will help accelerate IT transformation by helping IT leaders make smarter, fact-based decisions about their operations that are based on a common philosophy of automation, cost transparency, and agility."
"Transformative CIOs are recognizing that IT needs to be managed like a supply chain and are discovering they require a new set of tools to make this vision a reality," said Sunny Gupta, president, co-founder and CEO of Apptio. "Managing IT like a supply chain requires IT leaders to understand the fully loaded cost of their IT services and be able to clearly communicate the value of IT back to the business. Partnering with ServiceNow provides our joint customers such as Johnson & Johnson, Swiss Re, Cenovus, Facebook and First American with the intelligence and processes to make these critical decisions and realize this comprehensive vision."
ServiceNow was created to break all the old rules of enterprise IT management software. Born in the cloud, ServiceNow makes IT immediate, social and intuitive. From the beginning, the company set out to give IT people powerfully simple cloud services that just work. Today, the world's most recognizable and innovative companies rely on SaaS from ServiceNow to transform IT to achieve IT 3.0. Founded in 2004, ServiceNow was recently named by Inc. 500 as one of the fastest-growing companies in the world and is the undisputed market share leader in SaaS for IT.
Apptio is the leading independent provider of on-demand Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT Services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive Bill of IT™, and strategically aligning the planning, budgeting and forecasting processes. Apptio's TBM solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives. Global enterprise customers such as Bank of America, Boeing, JPMorgan Chase, Microsoft, St. Luke's Health System, and Swiss Re rely on Apptio® products and services to reduce costs and align IT with business priorities. For more information, visit the Apptio website or the Apptio blog.
Barokas PR for Apptio