Wipro to Collaborate with Apptio to Provide Technology Business Management Solution

Bellevue, Wash. - October 28, 2010 - Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that it has signed a strategic partnership with Wipro (NYSE: WIT), one of the world's largest global IT services, business process outsourcing and product engineering companies. Under the terms of the agreement, Wipro will utilize Apptio's TBM solution to maximize the business value of IT to its clients, including hundreds of customers in its Technology Infrastructure Services division.

Apptio will leverage Wipro's strong capabilities in consulting and professional services to provide implementation and strategic consulting services in support of key TBM initiatives, including IT financial management and IT cost optimization.

Wipro's Technology Infrastructure Services (TIS) group is a market leader in infrastructure outsourcing with several hundreds of customers and strategic relationships across all verticals and geographies. Through the partnership, Apptio and Wipro will provide joint customers with a complete solution for transforming their traditional IT department to a services-oriented IT organization that is aligned with business priorities. Specifically, Wipro will leverage Apptio's Bill of IT and IT Services Costing modules to provide customers with the ability to manage and communicate the cost, quality and business value of IT.

"Financial management of IT has become an imperative for senior IT leaders. Managing service quality and service levels is not enough; delivering services that balance transparency, simplicity, fairness, predictability and controllability from a price and cost point of view is important to the business," commented Milind Govekar, research vice president, Gartner. "Furthermore, the ability for IT to source these services from a variety of service delivery models - internal, outsourced and through the cloud becomes a key requirement. This requires IT to transform its people, processes and technology to take a services view that aligns with business expectations."

The strategic alliance with Apptio further enhances Wipro's position as a leader in helping customers build, deliver, manage and communicate the business value of IT. Apptio's solution enables Wipro to provide comprehensive business management capabilities to its customers including advanced decision analytics to improve IT cost and performance, and graphical dashboards that quantify the cost, quality and value of IT in a language the business understands.

"Apptio's TBM solution has been instrumental in our ability to manage the complex supply chain of IT services including cloud and outsourced services, and run IT like a business with proper financial transparency," said Scott Roza, CEO, Skytap. "Apptio's partnership with Wipro will provide enterprise IT organizations with the technology, process and services to accelerate and maximize value from large TBM projects."

"Apptio is the clear leader in Technology Business Management based on its flagship Fortune 1000 customers and innovative capabilities that directly address the needs of today's IT leaders," said Deepak Jain, Sr. Vice President Technology Infrastructure Services, Wipro. "By combining Apptio's solution and Wipro's IT 360 framework, our customers can optimize the quality of their IT services, showcase the value IT delivers to the business and reduce costs."

"Wipro provides Apptio with a strategic growth opportunity based on its global customer base, technology expertise and extensive IT consulting experience," said Stan Shull, vice president of strategic alliances, Apptio. "Our companies have a shared vision of helping IT leaders create a true partnership between IT and the business. Our alliance is a catalyst for this transformation, providing customers with deep subject matter expertise and a proven solution set."

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
[email protected]
206-264-8220