- Chris van Wesep and Keenan Dolan
- February 11, 2021
As the leader in Technology Business Management (TBM) for nearly 15 years, Apptio has built a reputation for enabling IT leaders to make smarter decisions faster. Today we are excited to announce that we are now also helping to execute those decisions more quickly and efficiently with the acquisition of Targetprocess and the introduction of Apptio Targetprocess. As a market leader in Enterprise Agile Planning (EAP), Targetprocess spans technology investments from products to projects and empowers all levels of organizations to improve predictability, increase productivity, and align corporate strategy to execution.
With this acquisition – Apptio’s fourth since going private with Vista Equity Partners in 2019 – Apptio expands its value proposition across organizations. Apptio Targetprocess will enable customers to accelerate their agile transformations, plan and track value delivered, and provide organizations with a scalable solution to meet their evolving needs.
A leader in agile
As more companies make the shift away from traditional waterfall delivery practices and adopt modern agile and lean ways of working, there is an ever-growing need for a solution to comprehensively plan, track, and optimize the work across both waterfall and agile disciplines. Targetprocess supports this transition through effective hybrid portfolio management, allowing organizations to manage their projects and products in a single unified system. Organizations can move faster and with more agility due to the transparency and flexibility of data across both delivery models.
Targetprocess was named a Leader in Gartner’s 2020 Magic Quadrant for Enterprise Agile Planning Tools, and recognized as a Strong Performer in Forrester’s Value Stream Management Solutions Wave for Q3 2020. The product offers comprehensive integrations across the domains that matter most to organizations managing hybrid portfolios.
These can include DevOps tools, Project Portfolio Management (PPM) systems, and Application Lifecycle Management (ALM) systems. Most organizations struggle to pull together this information from disparate sources and lack a solution to accurately aggregate them into a unified and actionable view. With Targetprocess, customers get tailored experiences at the portfolio, program, and team level, providing valuable metrics and configurations for multiple roles in the organization.
The combination of Apptio and Targetprocess represents the intersection of IT Financial Management (ITFM) and Enterprise Agile Planning (EAP) that no other solution provides. By bringing Targetprocess into the Apptio portfolio of products, Apptio becomes the only vendor to provide a holistic view of an organization’s IT investments across on-premises, cloud, and development resources. As the pace of change and innovation continues to accelerate, our customers have made it clear that they want a solution that helps them effectively navigate this transition from waterfall to agile and accelerates their ability to deliver better products and experiences to their customers. Apptio Targetprocess is a perfect fit for this goal and we can’t wait to share it with all of you!
Get started by checking out the website to learn more.
