Press Release

KPMG and Apptio Form Business Alliance to Offer Comprehensive IT Solution

KPMG LLP, the U.S. audit, tax and advisory firm, and Apptio, a leading provider of Technology Business Management (TBM) solutions, today announced the formation of a business alliance that can help clients strengthen their Information Technology organizations and processes.

NEW YORK – March 29, 2012 – KPMG LLP, the U.S. audit, tax and advisory firm, and Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced the formation of a business alliance that can help clients strengthen their Information Technology organizations and processes.

Apptio’s TBM solutions enable companies to manage the cost, quality and value of IT Services and key technology initiatives. Global enterprises in industries, such as financial services, healthcare, manufacturing and technology, rely on Apptio to manage more than $101 billion in annual IT spending.

KPMG will leverage Apptio’s enterprise Software as a Service (SaaS) platform as well as its applications in IT strategy and CIO advisory engagements to help clients better understand how costs are flowing through their IT infrastructures. The increased understanding can help them make better decisions on key technology initiatives such as applications rationalization, platform standardization, data center consolidation, service-level optimization and storage optimization.

The alliance with Apptio is the latest evidence of the KPMG’s growth strategy. “Alliances help us deliver differentiated solutions, technology specialization and complementary services that our clients expect from KPMG,” said S. Singh Mecker, KPMG’s head of strategic alliances and go-to-market partnerships.

Matt Bishop, KPMG’s U.S. leader for IT strategy and performance advisory services, said many companies have expressed interest in transforming their IT departments so that they can deliver greater value. “By combining KPMG’s IT advisory practices with Apptio’s TBM solutions, our clients will have a practical roadmap that promises to help them achieve their IT transformation goals,” Bishop said.

KPMG has built an Apptio consulting network to deliver configuration services and IT optimization services for joint clients. The network is staffed by practitioners who have undergone extensive Apptio training and certification. Additionally, a broader team of KPMG IT strategy and performance client partners and consultants have been trained on the Apptio solution to help their clients drive IT transformation initiatives.

Sunny Gupta, president and chief executive officer at Apptio, said many Fortune 1000 companies have selected Apptio to achieve greater transparency into the cost of their IT products and services, and to drive significant optimization, process and organizational change.

“KPMG provides a complementary set of experience and services that our customers require to achieve their Technology Business Management objectives,” Gupta said. “The deep specialization that KPMG brings to this alliance will lead to increased adoption of TBM in leading enterprises across the globe.”

About KPMG LLP

KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative (“KPMG International.”) KPMG International’s member firms have 145,000 people, including more than 8,000 partners, in 152 countries.

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:

Lindsey Bradshaw
Barokas PR for Apptio
apptio@barokas.com
206-264-8220