BELLEVUE, Wash., April 2, 2015 -- Apptio, the leading provider of Technology Business Management (TBM) SaaS applications, today announced Nationwide Building Society, one of the world's largest retail financial service providers, has selected Apptio's solutions to optimize the measurement of the cost, quality, and value of its enterprise IT services. Nationwide's TBM journey is detailed in two new case studies, available today from Forrester Research and Apptio.
With Apptio's Cost Transparency application, Nationwide expects to save between $9 and 12 million (£6-8M) of its IT costs in the first year of implementation. These savings are a result of Nationwide's ability to optimize costs in areas such as software licensing ATM performance and outsourced vendor contracts. Nationwide's IT team is also leveraging Apptio's powerful TBM SaaS applications to provide insights to their business partners on their IT spend, optimize multi-channel service, and to drive better decisions and business outcomes.
Prior to implementing Apptio, one of the biggest issues Nationwide's IT department faced was a lack of transparency into the cost of the technology it provided the business, the unit cost of delivery, and the actual running cost of IT. Debra Bailey, Chief Information Officer, said: "We needed a method to bring clarity and transparency to the way we counted the cost of IT, and to be able to connect it to things like property costs more easily. The advantage TBM gives is that we can take a view of both the IT and Finance costs from multiple angles."
Colin Rowland, VP of EMEA at Apptio, concludes: "Apptio powers some of the world's largest and most innovative IT organizations. Financial institutions like Nationwide need greater visibility over their IT costs so they can deliver insights that support optimization and growth and, ultimately, to run IT as a business. We look forward to working with Nationwide as it continues its journey to become the largest building 'digital' society."
To read more about Nationwide's experience with Apptio Cost Transparency, download the Forrester Research and Apptio case studies.
Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT. Apptio's suite of applications use business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. The purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback/chargeback, operational efficiency, and planning. Powering Apptio's applications is a next generation, in-memory cost analytics platform that takes data directly from all financial, operational, and billing systems, and powers applications that give customers deep insight. This insight spans infrastructure, applications, and business services, both on-premises and in the cloud. Hundreds of customers, including more than a third of the Fortune 100, choose Apptio as their business system of record for IT.
Apptio is sold through its direct salesforce and its partner network. For more information, visit the Apptio website or the Apptio blog at www.apptio.com.
About Nationwide Building Society
Nationwide Building Society is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million members.
Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 17,000 employees. Nationwide's head office is in Swindon with administration centers based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centers across the UK.