Press Release

Apptio Recognized as Best Company to Work For

Seattle Business Magazine Names Apptio one of Washington State’s 100 Best Companies to Work For

Seattle, WA – June 17, 2011 – Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that the company has been recognized by Seattle Business magazine as one of Washington’s ‘Best Companies to Work For’ in 2011. According to the award organizers, Bellevue-based Apptio was recognized for successfully creating a winning corporate atmosphere, their outstanding commitment to employees, and their unique incentives program. Apptio was ranked third in the mid-sized company category, out of over 400 applicants. Other companies featured on the mid-sized list include Rhapsody International, BDA, and ING Direct.

This recognition marks the fifth business award for the company in the past two months, as Apptio was honored as the Eastside Emerging Business of the Year, appointed to the prestigious TiE50 list, and the company’s CEO, Sunny Gupta, was named the Seattle 2.0 Startup CEO of the Year and an Ernst & Young Entrepreneur of the Year Pacific Northwest finalist.

“Apptio is passionate about fostering one of the region’s best workplaces, and I credit our tremendous success over the last few years to our highly talented team,” said Sunny Gupta, co-founder, president and CEO of Apptio. “Attracting and retaining top talent is foundational to our goal of building Apptio into one of the Northwest’s largest enterprise software companies. Our core values, including a focus on developing leaders and rewarding superstars, empower our employees and set us on the right path towards accomplishing this goal.”

Backed by Andreessen Horowitz, Cisco, Greylock Partners and others, Apptio has pioneered the Technology Business Management category, and is focused on making every IT organization a more efficient and effective partner with the business. Apptio’s TBM solution gives IT and finance leaders the insight needed to minimize IT costs, make ROI-optimized decisions, align IT resources around business needs and ensure business leaders clearly understand the value of IT. The company has achieved 300 bookings growth over the past year and more than doubled its stable of customers which boasts some of the world’s largest companies including Bank of America, Boeing, Cisco, Facebook and Microsoft.

Seattle Business magazine’s ‘100 Best Companies to Work For’ award program recognizes companies in Washington state that are setting the standard for leadership, benefits, work environment, innovative training programs and employee satisfaction, and are positively impacting the state of Washington through their employees.

Apptio and the other winners were given special recognition at the annual awards banquet on June 16. The full list of winners will be announced in the July issue of Seattle Business magazine and online at http://www.seattlebusinessmag.com/article/nice-work.

About Apptio

Apptio is the leading independent provider of on-demand Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT Services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive Bill of IT™, and strategically aligning the planning, budgeting and forecasting processes. Apptio’s TBM solutions play a critical role in helping companies understand and drive chargebackvirtualizationcloud and other key technology initiatives. Global enterprise customers such as Bank of America, Boeing, JPMorgan Chase, Microsoft, St. Luke’s Health System, and Swiss Re rely on Apptio® products and services to reduce costs and align IT with business priorities. For more information, visit the Apptio website or the Apptio blog.

Contact:

Karli Overmier
Barokas PR for Apptio
apptio@barokas.com
206-264-8220