BELLEVUE, Wash., May 17, 2017 /PRNewswire/ -- Apptio Inc, the business management system of record for hybrid IT, today announced it is one of seven cloud service providers selected for the FedRAMP Connect program. Through participation in this program, Apptio will be prioritized for FedRAMP certification based on demand from CIOs across the Federal government.
FedRAMP Connect is a new initiative developed by FedRAMP working closely with the Federal CIO Council and OMB. Of the 40 vendors that applied for FedRAMP Connect, only seven were selected based on their government-wide demand, applicability for cross-agency use, and the security of their system. The Federal Risk and Authorization Management Program (FedRAMP), is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.
"Today, a majority of the $81 billion invested in federal IT goes directly to 'keeping the lights on' rather than driving innovation within the federal government," said Sunny Gupta, CEO at Apptio. "Apptio transforms the way IT leaders run their business and make decisions. We were founded to provide IT leaders with the data and insights they need to make strategic, informed decisions about their technology spending in the pursuit of value and transformation."
Currently, agencies including the General Services Administration and the Department of Housing and Urban Development use Apptio to make more informed technology investment decisions across those located on-premises and those managed in the cloud. Apptio's costing, benchmarking, billing and planning capabilities give IT leaders deep insight into their infrastructure, applications and businesses services, both on-premises and in the cloud.
As the technical advisor the nonprofit organization TBM Council, Apptio also served as an advisor to the IT COST Commission, which developed a framework for Federal CIOs to measure and model their IT costs. This provides them granular visibility into their technology costs, a streamlined planning process, and the ability to optimize existing spending and demonstrate the value of technology investments.
For more information about Apptio's cloud-based applications, please visit http://apptio.com/products
Apptio (NASDAQ: APTI) is the business management system of record for hybrid IT. We transform the way IT runs its business and makes decisions. With our cloud-based applications, IT leaders manage, plan and optimize their technology investments across on-premises and cloud. With Apptio, IT leaders become strategic partners to the business by demonstrating value of IT investments, accelerate innovation and shift their technology investments from running the business to digital innovation. Hundreds of customers, including more than 40 percent of the Fortune 100, choose Apptio as their business system of record for hybrid IT. For more information, please visit www.Apptio.com.