PR Newswire - June 23, 2015
Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the promotion of its co-founder, Kurt Shintaffer to Chief Financial Officer (CFO). Formerly SVP of Worldwide Finance and Accounting, Shintaffer exemplifies Apptio's core values and commitment to operational excellence. To support Shintaffer in his new role, Susanna Morgan will be appointed Senior Vice President of Finance and Investor Relations. Morgan brings a proven track record of leading strategic finance and corporate development functions, most recently at Concur (now part of SAP), the global travel and expense management SaaS organization.
The Australian - May 26, 2015
The Victorian government was attacked this month for its ICT spending, but one global tech chief executive says the problem could have been avoided. The Victorian Auditor-General delivered a strong rebuke to the state government for not being able to provide quantifiable, in-depth reports about how much IT projects were actually costing. Apptio’s chief executive, Sunny Gupta, says the Victorian government could have taken simple steps to mitigate the damage. According to Gupta, there’s no reason why the public sector can’t better use the systems and platforms widely used in the private sector. “With many of the Victorian government’s ICT business cases I absolutely believe there was inefficiency with the model,” Mr Gupta told The Australian.
The Wall Street Journal - May 19, 2015
Chief information officers in the U.S. government are trying to learn from private sector CIOs how to transparently measure and communicate IT costs. A group of CIOs from various agencies traveled to California to meet with CIOs from Coca-Cola Co., Exxon Mobil, DuPont, SunTrust Banks and other companies.
Computer Business Review - May 08, 2015
Apptio has added CenturyLink Cloud and Softlayer to its portfolio of cloud provider billing integrations. The technology business management company now includes many of the biggest cloud players in its cost management roster with the new additions joining AWS and Microsoft Azure. The partner integrations mean that IT leaders can directly source their cloud billing data from the partners with Apptio automating the process to help give a clear view of IT costs, the company said.
Cloud Computing Intelligence - May 08, 2015
Cloud-based Technology Business Management (TBM) software business Apptio has added new functionality to track spending on IBM Softlayer and CenturyLink cloud platforms in its Cost Transparency application. The latest version of the Cost Transparency application will allow businesses to analyze their private, public and hybrid clouds in one interface including Amazon Web Services, Microsoft Azure and now IBM’s Softlayer and CenturyLinkCloud.
Financial News - May 08, 2015
Apptio said it has announced the addition of CenturyLink (NYSE: CTL) Cloud and SoftLayer to its growing portfolio of cloud provider billing integrations. In addition to earlier integrations of Amazon Web Services (AWS) and Microsoft Azure billing data, Apptio is now the leading automated provider of public, private, and hybrid cloud IT cost management.
PR Newswire - May 07, 2015
Apptio, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the addition of CenturyLink Cloud and SoftLayer to its growing portfolio of cloud provider billing integrations. In addition to earlier integrations of Amazon Web Services (AWS) and Microsoft Azure billing data, Apptio is now the leading automated provider of public, private, and hybrid cloud IT cost management. The company also released the latest version of its foundational Cost Transparency (CT) application today, which enables IT leaders to make more confident, fact-based decisions about their IT spend.
Sandhill.com - May 05, 2015
When Apptio was founded seven years ago, we recognized that forward-thinking CIOs needed a business management system to enable them to be broker of IT services – whether such services were procured externally or built internally. With TBM, CIOs not only have a mechanism for communicating the impact of their investments on technology, but they also have a means for measuring the value of those investments.
GeekWire - April 07, 2015
Multiple investors familiar with Seattle’s tech scene said that Redfin, the Seattle-based real estate company, and Apptio, the Bellevue, Wash.-based business analytics company, are on the verge of attaining the elusive “unicorn” status. Neither Redfin or Apptio commented on their valuations for this article, but they do fit the profile, having received large rounds of funding from late-stage investors.
Financial Times - April 05, 2015
Nationwide, the building society, has spent £1bn overhauling its technology in the past five years, resulting in a new core banking platform. It recently struck a deal with Apptio, a US technology provider, to cut the cost of its IT services, in a move expected to save $9m-$12m in the first year of implementation. The savings will come from areas such as software licensing, ATM performance and outsourced vendor contracts, it says.