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Apptio has transformed how leading organizations optimize their IT spend and performance for better outcomes .
“ We are proud of our continued momentum , even amidst these challenged market conditions , and look forward to seeing how Apptio ’ s technology will bolster IBM ’ s IT automation and AI capabilities in the years ahead ,” he said .
Industry recognized , Apptio partners and integrates with leading companies such as Amazon Web Services , Microsoft Azure , Google Cloud Platform , Salesforce , ServiceNow , Oracle and SAP , consistent with IBM ’ s commitment to an open partner ecosystem .
Pitched as empowering enterprise leaders to manage technology spend and direct investments to high-value cloud innovation and Digital Transformation , Apptio has three core offerings , all delivered as Software- As-a- Service ( SaaS ) – ApptioOne , Apptio Cloudability , and Apptio Targetprocess :
• ApptioOne : Hybrid cloud spend management and optimization capabilities to analyze , optimize and plan IT spend and value . ApptioOne is used to establish repeatable and accurate planning and financial management processes , delivering actionable insights around cost and utilization while benchmarking against industry peers for continuous optimization
• Apptio Cloudability : Public cloud spend management visibility and optimization capabilities , connecting multi-cloud and SaaS infrastructure with cloud financial management best practices to maximize the value of clients ’ cloud strategy .
• Apptio Targetprocess : Agile investment planning capabilities to align development resources to business outcomes , plan and track value delivery for projects or products .
The combination of Apptio products and IBM ’ s IT automation portfolio will give businesses a 360-degree technology management platform they can use to optimize and automate decisions across their IT landscapes .
“ Our customers are evolving to a complex digitalfirst , hybrid world where technology investments are distributed and decentralized but all innovation must be aligned with clear business outcomes ,” said Sunny Gupta , Apptio co-founder and CEO .
“ We are so excited to be joining IBM and combining our industry leading offerings with IBM ’ s global presence and strong portfolio across AIOps , automation and hybrid cloud offerings .”
The acquisition of Apptio is a continuation of IBM ’ s deep focus and investment in hybrid cloud and AI and is expected to drive significant synergies across several key growth areas for IBM , including automation , Red Hat , IBM ’ s broader AI portfolio and IBM Consulting , as well as strong partnership with other leading systems integrators like Accenture , KPMG , Deloitte and EY .
IBM will also deliver new innovation by augmenting watsonx with Apptio ’ s anonymized FinOps data .
Additionally , Apptio is expected to benefit from IBM ’ s long-established scale and reach , working with clients and partners across more than 175 countries . p
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