The economic challenges of 2020 have required CIOs to cut their operational budgets by as much as 30%, in as little as 48 hours. This requires them to quickly analyze their IT budgets, identify areas to optimize spend, develop multiple planning scenarios, and govern the plan moving forward. Doing this work in spreadsheets is labor intensive and error-prone. This does not position CIOs and their teams to identify areas of savings with minimal impact to on-going operations. Apptio ingests and structures data from multiple financial and operational data sources so that IT finance teams can reduce planning cycle time by 75% and answer questions about IT costs 95% faster.
This first part in our webinar series showcases how Apptio helps organizations: