Extensive Experience in Building Market Leading Products to Drive Customer-Centric Development of Apptio IT Financial Management Solution

Bellevue, Wash. - January 13, 2010 - Apptio, the leading provider of on-demand IT Financial Management software, today announced the appointment of Mark Jancola as vice president of engineering and technical operations. An accomplished research and development executive with over 20 years of experience, Jancola is responsible for the design, development and delivery of Apptio's SaaS-based IT Financial Management solution.

"Mark's previous accomplishments showcase his exceptional ability at designing the highest quality software that stands up to the rigorous requirements of Fortune 500 businesses," said Sunny Gupta, co-founder, president and CEO of Apptio. "With two decades of experience, Mark is an established powerhouse in enterprise software development, and we welcome him to the Apptio team as we focus on delivering software that transforms the way CIOs manage the business of IT."

Prior to joining Apptio, Jancola served as the vice president of engineering at HP Software, overseeing worldwide research and development activities within the Business Service Automation (BSA) division. This division included data center automation products from Opsware where Jancola served as vice president of engineering before the company was acquired by HP. Jancola has also held multiple technical and leadership roles at companies including Cisco Systems, Active Voice Corp., HouseValues, Inc., and MidStream Technologies.

"Now more than ever, CIOs are under pressure to demonstrate IT's value to the business and Apptio is one of the few companies with real solutions to manage and optimize IT's value to the business," said Jancola. "Apptio's SaaS-based delivery model is leading edge, and the company is quickly emerging as an early leader in helping CIOs understand the cost, quality and utilization of their IT services. This is truly a transformative solution that helps IT manage their cost of operations, improve decision making and align IT resources with business priorities."

Jancola holds an MBA and BSEE from the University of Washington. He is active in the Boy Scouts of America, YMCA, and youth soccer programs.

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.


Karli Overmier
Barokas PR for Apptio
[email protected]