PR Newswire - August 20, 2015
Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today unveiled its key IT metrics dashboard, which allows enterprise CIOs to measure and manage their IT organization at a glance. Apptio's CIO Dashboard is available through both its foundational Cost Transparency application and a newly-launched tablet application. The CIO Dashboard, introduced as a part of a series of enhancements to Apptio's TBM suite, empowers IT leaders to track the metrics, key performance indicators and cost decision analytics they need to keep pace with the speed of their organization while confidently reporting successes to their business partners.
PR Newswire - August 19, 2015
Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the expansion of its Apptio Technology Alliance Program. This ecosystem of innovative and compatible technology partners will allow joint customers to comprehensively manage the cost, quality and value of the IT investments. Apptio is proud to partner with organizations like BDNA, BMC, Cherwell, EasyVista, SelectHub, Tableau, Planview, and 6fusion to shape the future of IT.
The Seattle Times - July 18, 2015
Marc Barros’ first startup crashed and burned. Now the University of Washington graduate is trying again with a new angle. Apptio CEO Sunny Gupta provides his perspective on what it’s like to be a serial entrepreneur in the Seattle area.
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.
Reuters - June 04, 2015
Seattle-based Madrona Venture Group said it has raised $300 million for a new fund, its sixth, drawing on the growing start-up community in the backyard it shares with Amazon.com Inc and Microsoft Corp. Madrona, then a young venture firm, was an early Amazon investor. Today, it manages $1.3 billion in assets, including high-profile active investments that predate startups spawned by Amazon or Microsoft. Those include Redfin, a real estate company, and Apptio, an analytics company, whose chief executives had not worked at Amazon nor Microsoft before landing at their current ventures.
GeekWire - June 04, 2015
Madrona Venture Group is in the money. Again. The Seattle venture capital firm, a backer of Seattle area companies such as Redfin, Apptio, iSpot.TV and others, today announced a new $300 million fund that it will use to bankroll upwards of 30 emerging startups in the Pacific Northwest in the coming years.
Computer Business Review - June 04, 2015
An analysis of enterprise IT spend has revealed 3 clear groups of companies which deviate from the typical investment pattern -People-centric, Vendor-centric and Technology-centric companies. According to the Apptio report, the people category represents firms that favor investing more on internal labor and less on contractors as well as software.
PR Newswire - June 02, 2015
Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today released its first IT Economic Insights report profiling enterprise IT spending patterns. The world's leading organizations contracted with us to use Apptio's Cost Transparency application to calculate and analyze over $150 billion in annual IT spend. For the Apptio IT Economic Insights report, the company analyzed a sample of these customers' IT investments during 2014 and found three common resourcing strategies.
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.