BELLEVUE, Wash., Dec. 16, 2021 /PRNewswire/ -- Apptio, Inc.,
a leading provider of technology business management (TBM) SaaS
applications, today announced a collaboration with Microsoft to
deploy Apptio's financial decisioning platform on the Microsoft
Cloud to help enterprises migrate and optimize workloads.
"Cloud adoption, and the wide variety of services and
consumption models present, have given enterprises the flexibility
to keep pace with the demands of the digital economy. However, that
flexibility can lead to surprises when the invoice arrives," said
Ralph Loura, SVP and CIO, Lumentum.
"The collaboration between Microsoft and Apptio will help
enterprise leaders consume Microsoft's cloud services with the
visibility and control they need, and their companies are counting
on."
Every function in the enterprise, including finance, HR, supply
chain and marketing, has a business management application that
enables them to streamline processes and deliver insights. Building
the next generation data-first application for CIOs is a top
priority for both Apptio and Microsoft. Through this collaboration,
Apptio will offer customers a modern business management
application for IT, that lets customers who migrate to the
Microsoft cloud utilize data to make real-time decisions, optimize
their investments and provide compelling insights.
Apptio will utilize the power of Dynamics 365 to ingest human
capital management (HCM), enterprise resource planning (ERP) and
other financial and operational data sources into its
market-leading cost and planning engine. Apptio will also enable
automated extraction of transformed data from Power BI for
customizable analytics, insights, reporting and application
development. Apptio's rich technology spend data will enhance the
Dynamics 365 business management system, so enterprises large and
small can get a holistic view of their technology investments.
"Microsoft offers cloud services for enterprises from Office 365
to Azure to Dynamics and is one of the most strategic partners for
CIOs, CFOs and CDOs. We are excited to partner with Microsoft and
further deeply integrate Apptio's business management applications
for technology leaders to help customers manage, plan, and optimize
their technology investments and accelerate customers' journey to
Microsoft Cloud platforms," said Sunny Gupta CEO, Apptio.
As part of the strategic collaboration, Apptio will deepen its
support for Microsoft Cloud platforms by:
- Providing powerful financial recommendations and insights to
analyze on premises to Azure migrations.
- Driving infrastructure and application total cost of ownership
(TCO), optimization and decisioning.
- Optimizing spend on platforms including Microsoft Azure,
Microsoft 365 and Dynamics 365.
- Generating sprint, feature, and product unit economics to
enable P&L formulation for new digital development.
- Creating insight-first applications for IT by integrating with
Dynamics Financials, HR and project data, and exporting data to the
Microsoft Power BI platform.
- Having the Cloudability SaaS solution run on the Microsoft
Azure platform.
The initial go-to-market will focus on providing Microsoft Azure
customers with Apptio Cloudability, an industry- leading cost
management and optimization solution for public cloud environments.
This includes Apptio's intelligent discovery, utilization and cost
management software for enterprise SaaS applications. Apptio's
solutions will utilize Microsoft Azure and Microsoft 365 to deliver
unparalleled visibility and decisioning to cloud customers.
"Customers are accelerating deployment of cloud-based services
and solutions to gain efficiencies, reduce costs, engage customers
in new ways and facilitate better decision making based on
data-driven insights," said Casey
McGee, Vice President, Global ISV Partners, Microsoft. "With
the availability of their financial decisioning platform on the
Microsoft cloud, Apptio can deliver significant benefits to
customers, across a wide variety of industries, who are looking to
transform their business."
Apptio will be available via Microsoft Azure marketplace. Both
companies will collaborate in joint marketing and selling
efforts.
To learn more about Apptio, visit https://www.apptio.com.
About Apptio
Apptio gives you the power of trusted, actionable insights to
connect your technology investment decisions to drive better
business outcomes. More than 60 percent of Fortune 100 enterprises
trust Apptio to manage to spend across the entire IT portfolio and
beyond, so they can focus on delivering innovation. Apptio
automatically ingests and intelligently structures vast amounts of
enterprise and technology-specific spend and operational
data. Apptio enables users across disciplines to report,
analyze, plan, and govern their investments collaboratively,
efficiently, and with confidence. Learn more at Apptio.com.
Contact: PR@apptio.com
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SOURCE Apptio