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.
ComputerWorld UK - April 02, 2015
The Nationwide Building Society says it is tackling a “lack of transparency” into its IT costs, and as a result will save between £6 million and £8 million in the first year of deploying a new IT measurement system. In order to optimize the measurement of the cost, quality and value of its enterprise IT services, Nationwide brought in Apptio, a provider of cloud-based technology business management software.
Finextra - April 02, 2015
Nationwide Building Society has deployed Apptio's Technology Business Management (TBM) software in order to 'sweat' its IT and measure the cost, quality, and value of its enterprise-wide technology services. The technology team at the Nationwide deployed the cloud-based measurement monitoring software last year to optimize the provision of IT services internally and externally to consumers.
FStech - April 02, 2015
Nationwide has adopted new technology to boost the visibility of its IT spend and the cost of providing IT services to the wider organization. The building society is implementing cost transparency software from Apptio, and expects to save between £6-8 million in IT costs in the first year. Apptio said these savings would come from the ability to optimize costs in areas such as software licensing ATM performance and outsourced vendor contracts.
ITProPortal - April 02, 2015
Nationwide Building Society has selected Apptio’s solutions to optimize the measurement of the cost, quality, and value of its enterprise IT services, it was unveiled on Thursday. Nationwide is one of the world’s largest retail financial service providers, and Apptio is the leading provider of Technology Business Management (TBM) SaaS applications.
PR Newswire - April 02, 2015
New Case Studies Explore How the World's Largest Building Society Expects to Save Up to $12M in IT Costs With Apptio
Computer Business Review - April 02, 2015
Nationwide Building Society has selected solutions from TBM SaaS application provider Apptio, in efforts to reduce its IT costs and add quality and value to its enterprise IT services. Nationwide plans to use Apptio's Cost Transparency application to save IT costs by up to £8m within the first year of implementation.
ComputerWeekly - April 02, 2015
Nationwide Building Society has put in place IT chargeback to provide greater transparency of costs in its centralized IT function. “We needed a new way of looking at demand and we needed a way to bring all that data together,” said Debra Bailey, group services director for Nationwide Building Society.
Puget Sound Business Journal - April 01, 2015
Apptio founder and CEO Sunny Gupta is no stranger to business exits — those elusive opportunities many startup founders look for to cash in on their inventions. Today, Gupta heads one of the Puget Sound region’s most successful privately held companies. But over the past two decades he has helped lead six businesses to acquisition paydays. Even Apptio was once an acquisition target. But after all those early buyouts, Gupta says he was ready to see this one through.