Welcome to our dedicated page for Apptio news (Ticker: APTI), a resource for investors and traders seeking the latest updates and insights on Apptio stock.
Apptio, Inc. (NASDAQ: APTI) is a pioneering company in technology spend and value management, serving numerous industries worldwide. Headquartered in Bellevue, Washington, Apptio leverages its expertise to deliver comprehensive solutions that help organizations make informed financial and operational decisions. The company's SaaS applications, powered by an advanced AI/ML data engine, are designed to translate technology costs into tangible business outcomes and financial returns on investment (ROI).
Recently, Apptio announced its integration with Oracle Cloud Infrastructure (OCI), aiming to enhance cloud cost management capabilities for their mutual customers. This strategic partnership allows organizations to better understand, visualize, and optimize their cloud environments, leveraging Apptio's Cloudability suite. The integration is expected to be completed by late 2023, marking a significant advancement in hybrid cloud infrastructure management.
As a member of the Oracle PartnerNetwork (OPN), Apptio continuously evolves its offerings to meet the increasing demands of today's economic environment. Businesses utilizing OCI services can now benefit from Apptio's market-leading FinOps capabilities, which provide critical insights for better cloud cost optimization and strategic financial planning.
Apptio's commitment to delivering business value with every technology investment has made it a trusted leader in FinOps and Technology Business Management (TBM). The company empowers its clients to cut costs and reallocate resources towards innovative cloud solutions and digital transformation. With thousands of customers globally, Apptio remains at the forefront of helping businesses navigate complex IT and multi-cloud challenges.
For more information, visit Apptio's Cloudability suite.
Apptio, a leader in technology business management, has acquired Cloudwiry, a firm specializing in multi-cloud savings automation. This acquisition aims to enhance Apptio's capabilities in managing cloud costs and improving financial visibility for its enterprise customers. The transaction closed on December 22, 2022, allowing Cloudwiry's offerings to be integrated into Apptio's platform. With a focus on reducing cloud waste and optimizing financial management, the combined solutions promise significant savings and increased operational efficiency for users.
Apptio has announced a significant collaboration with Microsoft to deploy its financial decisioning platform on the Microsoft Cloud. This partnership aims to assist enterprises in migrating and optimizing their workloads effectively. Apptio's application will integrate with Dynamics 365, enhancing data management across various domains such as HR and finance.
The collaboration emphasizes insights and optimization for cloud services, particularly on Microsoft Azure, targeting improved cost management and operational efficiency for customers.
On October 27, 2020, Apptio announced its first public sector deal in the U.K. with Cheshire East Council. The council has deployed Apptio Cost Transparency to gain full visibility into IT costs, enabling informed decision-making and improved accountability for over a million residents. This deployment will allow the council to better manage technology spending, identifying addressable and non-addressable costs, and providing detailed insights about service consumption. Apptio's solutions are trusted by over 60% of Fortune 100 companies.
Apptio has experienced significant growth in the APAC region, adding 46 new customers and achieving a 45% year-over-year revenue increase. The company operates in various sectors including finance, insurance, and education, catering to top banks in Australia and Southeast Asia. Apptio's solutions enable better visibility into technology spending. The recent opening of an office in Tokyo aims to enhance service delivery and overcome localization barriers. New leadership is anticipated to further bolster sales efforts in Southeast Asia.
FAQ
What is Apptio, Inc.?
What recent achievement has Apptio announced?
What products does Apptio offer?
Who are Apptio's target customers?
What is the significance of Apptio's partnership with Oracle?
When is the Apptio-OCI integration expected to be completed?
How does Apptio help businesses with their technology investments?
What are some key features of Apptio's Cloudability suite?
Where is Apptio headquartered?
How can I learn more about Apptio's products?
