Press Release

2021 TBM Council Award Finalists Selected

Winners to be recognized at TBM Council Awards ceremony Oct. 12

Bellevue, WA – Aug. 23, 2021 The Technology Business Management (TBM) Council, a nonprofit organization that promotes TBM standards and practices to empower collaboration between IT leaders and business partners; and Apptio, Inc., a leading provider of TBM solutions that help organizations analyze, plan, and optimize technology spend; today announced the finalists of the ninth annual TBM Council Awards.

The TBM Council Awards are built on the pillars of TBM and recognize global technology and finance leaders driving business value through TBM standards and Apptio solutions. The 2021 awards recognize winners in seven categories. This year, the TBM Council added a new category, “Agile Evolution,” to recognize organizations shifting from project- to product-centric investment models.

“The TBM Council Awards recognizes the fantastic people and teams that do exceptional work in tough jobs, often behind the scenes,” said Phil Armstrong, Chairman of the Board, TBM Council. “To see their stories about leadership, transformation, and innovation is truly inspiring.”

Finalists for the 2021 TBM Council Awards are:

Cloud Transformation

Recognizes organizations that have transformed the development and support of business capabilities by using public cloud infrastructure, platforms, and/or software.


  • Freddie Mac
  • Hermes UK
  • HSBC

IT Financial Leadership

Recognizes organizations that satisfy corporate financial budgeting, forecasting, and reporting requirements while enabling business innovation, service delivery, cloud transformation, or agile evolution.


  • Enterprise Holdings
  • Wells Fargo
  • EDF Energy
  • U.S. Customs and Border Protection
  • Woolworths Group Limited

TBM Pacesetter

Organizations that drive changes of mindset and accountability for outcomes while quickly implementing or enhancing TBM tools, data, and processes.

  • BMO Financial Group
  • Commonwealth Bank of Australia
  • Westpac
  • Marshfield Clinic Health System

Service Excellence

Organizations that support efficient delivery of shared technology services to line-of-business partners and consumers and continuously optimize costs to serve customers.


  • Liberty Mutual
  • U.S. Department of Veterans Affairs
  • USAA

Business Optimization

Organizations that drive meaningful efficiencies in delivering technology to the business and/or help the business be more efficient.


  • ADP
  • Lowe’s Companies
  • MassMutual

Agile Evolution

Organizations that shift from project- to product-centric investment models and empower agile teams to innovate within a financial investment framework.


  • Chevron
  • US Air Force

Business Innovation

Organizations that have been instrumental in driving one or more significant business innovation(s).


  • Boehringer Ingelheim
  • Marshfield Clinic Health System
  • Oshkosh Corporation

About the Technology Business Management (TBM) Council

Founded from members of Apptio’s CIO advisory board in 2012, the Technology Business Management (TBM) Council is a nonprofit organization governed by a board of business and technology leaders from some of the world’s most innovative companies, including State Farm, Tyson Foods, Intuit, Mastercard, Tenet Health Systems, Credit Suisse, Huntington Ingalls Industries, and more. The Council advances the discipline of TBM and drives standards for analyzing, planning, optimizing, controlling, and collaborating on the investments that will transform the IT operating model. Apptio, the industry’s leading provider of TBM software solutions, serves as the TBM Council’s technical advisor. Membership is open to qualified IT, finance, or business leaders and practitioners who meet applicable membership standards. For more information or to join, please visit

About Apptio

Apptio’s products empower business leaders to drive optimal financial performance across their organizations. More than 60 percent of Fortune 100 enterprises trust Apptio to manage spend across the entire IT portfolio and beyond so that they can focus on delivering innovation. Apptio automatically ingests and intelligently structures vast amounts of enterprise and technology-specific spend and operational data. It enables users across disciplines to report, analyze, plan, and govern their investments collaboratively, efficiently, and confidently. For more information, please visit

Jas McDonald