LAS VEGAS, Nov. 7, 2018 /PRNewswire/ -- Apptio, Inc.
(NASDAQ: APTI), the business management system of record for hybrid
IT, is launching a new family of applications (Apptio® For Cloud)
dedicated to helping IT leaders optimize the cost and utilization
of their resources across public cloud, private cloud and
on-premises infrastructure. These new applications help technology
leaders make data-driven investment decisions and gain credibility
by linking cloud spending and usage directly to business value.
According to new Apptio research, a vast majority (92%) of IT
leaders prefer the public cloud to legacy on-premises
infrastructure, but cloud investment decisions are still being made
in a silo with no reliable data. Forty-one percent of companies
indicated that either IT leaders make decisions about cloud without
connection to the rest of the business or business units make their
own purchases of cloud instances without IT involvement.
Additionally, more than 73% of IT leaders are concerned that cloud
sprawl (or ungoverned spending outside of central IT) is an ongoing
issue in their organization. This makes it incredibly challenging
for IT organizations to have full visibility into cloud resources
and a true, cohesive, and cross-functional business strategy around
cloud investments, priorities and migration decisions.
"As cloud permeates the enterprise, we see more and more
business units requesting – or simply using – cloud services.
Oftentimes, businesses are leveraging multi-cloud as well as
existing on-premises infrastructure, and with fractured usage of
cloud throughout a business it's hard to make informed decisions
about important IT investments," said Theo
Beack, EVP of Products and Engineering at Apptio. "Apptio
For Cloud will empower IT leaders with granular visibility of cloud
costs to avoid overrun, provide proactive and actionable insights
to optimize resources, supply necessary data to make informed cloud
migration decisions, and more."
Apptio For Cloud Provides Offerings to Manage Both
Multi-cloud and Hybrid Environments
Apptio For Cloud provides technology leaders with a clear
understanding of cost, utilization, and capacity of their entire
cloud portfolio across AWS, Azure and Google Cloud as well as
on-premises investments. Apptio is introducing its new family of
applications in two offerings:
- Apptio® Cloud Business Management (CBM): Previously
called Apptio Cloud Cost Management, this new offering folds in
recently acquired FittedCloud capabilities around machine learning
and anomaly detection to go beyond cloud costing. IT leaders
can now use CBM to increase the efficiency of public cloud spending
and slash waste from over-purchase and underuse. In addition, CBM
provides:
-
- Multi-cloud Visibility into spend and usage across all
leading public cloud providers (AWS, Azure and Google Cloud);
- Fully Burdened Cost of Cloud Allocated to Infrastructure,
Applications, Services and Business Units including network,
labor, security, reserved instances and third party costs/shared
services such as SDE/Agile Tooling, Containers and
Micro-Services;
- Deep Machine Learning Driven Optimization to automate
right-sizing, downsizing and volume adjustments in near-real time
for AWS (and plans to extend to all major public cloud service
providers), as well as identify underutilized resources such as
Reserved Instances.
- Automated Remediation and Anomaly Detection for click
through actionable advisories or lights out automation to increase
efficiency while avoiding provisioning errors and anomalous spend
patterns (currently AWS with plans to extend to other public cloud
providers).
- Apptio® Hybrid Business Management (HBM): Building on
the insights delivered in CBM, this application delivers visibility
into total costs of public cloud and on-premises infrastructure in
a single view and in a uniform way. HBM helps drive efficiency
across your entire enterprise infrastructure and accelerate digital
transformation, with:
-
- Defensible Workload Migration with an apples-to-apples
comparison of cost and capacity across public cloud services
(currently AWS with plans to expand to Azure and Google Cloud) and
on-premises, with continuous updates to ensure costing is
reflective of the latest cloud service provider prices;
- Single Pane of Glass across the Enterprise with a
normalized view of cost and consumption comparisons from public
cloud to on-premises infrastructure that enables data-driven
investment and optimization decisions;
- Integration with Private Cloud Providers with costing
and optimization data from virtual private cloud providers such as
VMware.
"Nearly all CIO organizations struggle to optimize cloud
consumption. It's helpful that there is a growing set of tools to
help you learn how to best leverage cloud platform services and how
to identify when your use is suboptimal and overly costly. But this
guidance would be far more effective if it could give you real-time
insights so that no dollars are wasted," wrote James Staten, VP at Forrester, in a recent blog
post on Apptio's cloud capabilities. "And firms like Apptio that
focus not only on what you spend your money on but what projects
you are driving and what business objectives you are striving to
optimize are delivering substantially higher value."
Customers can easily get started with either product in Apptio
for Cloud, depending on their area of greatest need, and can
seamlessly extend the value of Apptio for Cloud to provide
corporate showback and chargeback, IT financial management and
planning, agile management or benchmarking with Apptio's other
industry-leading products.
Apptio is offering a free trial of Apptio Cloud Business
Management so users can see for themselves how easy it is to get up
and running and start making data-driven cloud decisions. If you're
interested in a free trial, please sign up here.
Additionally, in the coming weeks Apptio Cloud Business
Management will be available for purchase through the AWS
Marketplace through AWS Enterprise Contracts.
Apptio Hybrid Business Management is currently in an Early
Adopter program, and we anticipate it will be generally available
in early 2019. For more information, please visit our website
here.
About Apptio:
Apptio (NASDAQ: APTI) is the business management system of
record for hybrid IT. We transform the way IT runs its business and
makes decisions. With our cloud-based applications, IT leaders
manage, plan and optimize their technology investments across
on-premises and cloud. With Apptio, IT leaders become strategic
partners to the business by demonstrating value of IT investments,
accelerate innovation and shift their technology investments from
running the business to digital innovation. Hundreds of customers
choose Apptio as their business system of record for hybrid IT. For
more information, please visit www.Apptio.com.
© 2018 Apptio, Inc. All rights reserved. Trademarks and logos
are the property of their respective owners.
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PR Contact:
Ali Shaffer
Apptio, Inc
pr@apptio.com
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