Apptio Cloudability received the highest scores possible in 13 of the report’s criteria
BELLEVUE, WASH. – September 14, 2022 Apptio, Inc., the leading provider of technology business management (TBM) applications, today announced it has been named a Leader by Forrester Research, an independent research firm, in The Forrester Wave™: Cloud Cost Management and Optimization, Q3 2022.
The Forrester Wave™ evaluated 10 cloud management solutions based on 26 criteria grouped into three high-level categories: current offering, strategy, and market presence. Apptio Cloudability received the highest scores possible in 13 criteria, including cloud platform support, resource discovery, billing, reporting, monitoring, recommendations, cost planning and assessment, user experience, platform experience and SLAs, performance, number of users, and revenue.
As stated in the report, “Apptio provides the strongest user experience. Apptio’s vision is to help organizations maximize their technology investments by connecting its cloud cost management offering to its larger portfolio of technology business management and IT financial management (ITFM) solutions. It has deepened its offering depth by adding leading-edge capabilities such as integrated container cost management and rightsizing recommendations for Google VMs and persistent disk. Apptio has seen steady growth since our last evaluation in 2020.” The report goes on to say that “Apptio is relevant for companies looking for a leading cloud cost management solution that integrates with technology business management and ITFM tools.”
“During these challenging economic times, we continuously hear from our customers that it’s imperative they have clear visibility into their technology spend and the value that spend delivers so that they can make well-formed, data-driven decisions,” said Apptio’s Executive Vice President of Product, Eugene Khvostov. “Apptio’s commitment to supporting the cloud cost management and optimization aspects of those businesses’ technology strategy is evident by our continued investments in innovation and product development. In turn, this allows those businesses to deliver more value, faster than ever before. We are proud to have Forrester, in our opinion, recognize this commitment by naming us a Leader in the Forrester Wave™.”
Apptio Cloudability enables organizations to bring financial accountability to cloud, enabling IT, finance and DevOps teams to tune cloud deployments for speed, cost, and quality. It is built to help businesses improve the unit economics of cloud and translate cost and operational data into performance indicators that reveal the business value of cloud investments.
To learn more about Apptio Cloudability visit: https://www.apptio.com/products/cloudability/
Apptio gives you the power of trusted, actionable insights to connect your technology investment decisions to drive better business outcomes. More than 60 percent of Fortune 100 enterprises trust Apptio to manage to spend across the entire IT portfolio and beyond, so they can focus on delivering innovation. Apptio automatically ingests and intelligently structures vast amounts of enterprise and technology-specific spend and operational data. Apptio enables users across disciplines to report, analyze, plan, and govern their investments collaboratively, efficiently, and with confidence. Learn more at Apptio.com.