Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Carmen Gonzalez, Pat Romanski, AppDynamics Blog, Roger Strukhoff

News Feed Item

Apptio Delivers The Industry's First Standard IT Operating Model With New Major SaaS Release; Includes Cloud Billing Support And Peer Benchmarking

The CIO-led TBM Council Endorsed Cost Model Allows IT Leaders to Automate Processes like Peer Benchmarking, and the Aggregation and Allocation of Public Cloud Billing Data

BELLEVUE, Wash., Aug. 14, 2014 /PRNewswire/ -- Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the public availability of the industry's first standard operating model for managing the business of IT and its next major SaaS release.

Sample view of Apptio's Cost Transparency Foundation application.

The Apptio TBM Unified Model™ (ATUM™), standardizes IT cost and data models and is now integrated into the Apptio platform and its applications, creating the first standard operating model for IT. New features also include the aggregation and allocation of on-premises and cloud services including Amazon Web Services (AWS) billing data, management of third-party vendor spend, analysis of labor and project costs, and automated peer benchmarking.

Apptio also announced today that the TBM Council™, a not-for-profit organization comprised of more than 1,300 CIOs and IT executives, voted in May 2014 to endorse ATUM as the standard model for IT. ATUM allows every IT organization to adopt a standard approach for managing the business of IT and includes standard cost, cost categories, and data models, along with hundreds of metric and breakout reports. With Apptio's standard IT operating model, IT leaders can make faster, data-driven decisions about the cost, quality and value of their technology.  

Cut through the fog of costs with Cost Transparency Foundation
The latest version of Apptio's Cost Transparency Foundation (CTF) application now standardizes the IT cost categories and automates the integration and mapping of invoices for cloud providers, such as AWS. Apptio also consolidates third-party vendor billing data to empower customers with insight into 100% of their IT spend, including cloud and traditional, on-premises, and hosted costs. CTF also provides granular analytics into projects, vendors and labor spend for IT.

"AWS delivers robust cloud services that enable enterprises to quickly migrate existing applications and deploy new projects with greater efficiency and a lower TCO," said Terry Wise, Head of Worldwide Partner Ecosystem, Amazon Web Services, Inc. "It is important for Enterprise IT organizations to understand the comprehensive cost of running their IT infrastructure in order to confidently measure the success of the services they are providing to their business partners. Given the nature of today's highly complex IT environments, it's essential that IT leaders are empowered with actionable fact-based data and we are pleased that Apptio is now supporting the integration of AWS billing data."

Today, cloud costs can be fragmented across various systems, vendors, and geographies leading to unintended waste and unnecessary spend. More importantly, cloud spend may not be integrated with the rest of IT business analysis and multiple line items from different vendors can be hard to decipher.

IT leaders can now consolidate vendors to identify volume discount opportunities, ease vendor management, align spend to portfolio strategy, and arm themselves for negotiations. These improvements also help IT leaders drive better decisions and conversations by showing how the full cost of cloud fits into their IT business.

A report by Forrester Research¹ states: "There are two challenges with IT spend. First, the business has very little visibility into how IT spends its budget. Second, much of what IT spends (around 70% of its budget) goes toward maintenance and operation of its organization, systems, and equipment." According to Eveline Oehrlich, Forrester VP, Research Director, "Cost transparency and understanding the business strategy are critical success factors for this balancing act."

Apples-to-Apples Comparison of IT Spend, Out-of-the-Box
Apptio's IT Benchmarking application now allows IT leaders to view ongoing, automated comparisons of IT costs against peer benchmarks tailored to company size, geography, and industry. IT Benchmarking extends CTF by leveraging the ATUM model to enable automatic and ongoing comparisons of actual spend against industry benchmarks. 

Apptio IT Benchmarking leverages data from the leading vendors in the IT benchmarking industry, including a new partnership with the Information Services Group (ISG). Apptio complements these sources with its own expertise and experiences with more than 200 implementations to create an automated, unbiased view of the IT spend trends at a granular level.

"Until today, the ability to easily benchmark in a consistent, automated way against our industry peers was nonexistent," said Donna Woodruff, Director Technology Business Management Office at AutoTrader Group. "By standardizing the cost modeling and peer benchmarking process, Apptio is changing the way that we manage our technology."

Apptio TBM Unified Model
ATUM has also been expanded so that industry best-practices for infrastructure cost allocation and modeling are now pre-built into Apptio's CTF and IT Benchmarking applications. The ATUM model is integrated into Apptio's TBM platform, underlying all of its applications, and defines what costs to measure, how to measure them, and what data IT needs to do so. For example, using ATUM, IT leaders can utilize Apptio's predefined cost categories broken out into 11 towers (such as compute, storage, network, application, data center, etc.) to distribute their IT management costs. This solves a common challenge for most organizations wherein the finance view of cost centers and a general ledger do not align to common IT management categories making it difficult to translate IT costs into financial language.

"Apptio is bringing cloud costs out of the sky and into the boardroom. Apptio's powerful costing applications empower CIOs to take action based on the true cost of the services they are providing the business," said Sunny Gupta, CEO of Apptio. "Today's CIOs are at the heart of their organizations and it's critical that we arm them with data and insights they need to support the success of their business."

Even More Power in the Platform
Apptio makes all of this data actionable through platform enhancements including out-of-the-box KPIs, mobile-friendly reports, hundreds of common metric and breakout reports, and powerful self-service analytics. For example, metric reports include total cost, total spend, average cost unit, etc., and breakout reports include opex versus capex, fixed versus variable, run versus change, etc. Additionally, Apptio has enhanced its data visualization and analytics capabilities by adding more than 10 new analytics chart types such as double donut, radar, spider, and marker charts.

About Apptio
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. For more information, visit the Apptio website or the Apptio blog at www.apptio.com.

¹ "Five Concerted Steps To Maximize The Business Value Of IT", Forrester Research, Inc., Dec. 10, 2013

Media Contact
Sarah Vreugdenhil
Apptio
425-974-1331
[email protected]        

Apptio

Photo - http://photos.prnewswire.com/prnh/20140814/136324  
Logo - http://photos.prnewswire.com/prnh/20140717/127863

SOURCE Apptio

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Why does developer experience matters, what makes for a great developer experience and what is the relationship between developer experience and the broader field of user experience? Software developers are gaining more influence over the purchase decisions of technologies with which they must build on and with which they must integrate. For example, the success of Amazon Web Services, Heroku and MongoDB has been driven primarily by individual software developers choosing to use these tools, ra...
Software Defined Storage provides many benefits for customers including agility, flexibility, faster adoption of new technology and cost effectiveness. However, for IT organizations it can be challenging and complex to build your Enterprise Grade Storage from software. In his session at Cloud Expo, Paul Turner, CMO at Cloudian, looked at the new Original Design Manufacturer (ODM) market and how it is changing the storage world. Now Software Defined Storage companies can build Enterprise grade ...
SYS-CON Events announced today that EnterpriseDB (EDB), the leading worldwide provider of enterprise-class Postgres products and database compatibility solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. EDB is the largest provider of Postgres software and services that provides enterprise-class performance and scalability and the open source freedom to divert budget from more costly traditiona...
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that's reasonable. But SDN opens opportunities for novel constructions in Layers 4 to 7 that solve real operational problems in data centers. "Data center," in fact, might become anachronistic - data is everywhere, constantly on the move, seemingly always overflowing. Net...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
T-Mobile has been transforming the wireless industry with its “Uncarrier” initiatives. Today as T-Mobile’s IT organization works to transform itself in a like manner, technical foundations built over the last couple of years are now key to their drive for more Agile delivery practices. In his session at DevOps Summit, Martin Krienke, Sr Development Manager at T-Mobile, will discuss where they started their Continuous Delivery journey, where they are today, and where they are going in an effort ...
Gartner predicts that the bulk of new IT spending by 2016 will be for cloud platforms and applications and that nearly half of large enterprises will have cloud deployments by the end of 2017. The benefits of the cloud may be clear for applications that can tolerate brief periods of downtime, but for critical applications like SQL Server, Oracle and SAP, companies need a strategy for HA and DR protection. While traditional SAN-based clusters are not possible in these environments, SANless cluste...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
The OpenStack cloud operating system includes Trove, a database abstraction layer. Rather than applications connecting directly to a specific type of database, they connect to Trove, which in turn connects to one or more specific databases. One target database is Postgres Plus Cloud Database, which includes its own RESTful API. Trove was originally developed around MySQL, whose interfaces are significantly less complicated than those of the Postgres cloud database. In his session at 16th Cloud...
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years u...
There's Big Data, then there's really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at Big Data Expo®, Hannah Smalltree, Director at Treasure Data, discussed how IoT, Big D...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists will peel away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud en...
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize sup...