Apptio an IBM Company

Apptio, an IBM Company based in Bellevue, Washington, specializes in Technology Business Management (TBM) software. Founded in 2007 and acquired by IBM in 2023, Apptio offers cloud-based SaaS applications that help organizations optimize IT spending, manage costs, and enhance the value of their technology investments. The company serves as a system of record for hybrid IT, enabling CIOs to make informed decisions about their technology departments.

Apptio's core services include cloud financial management, technology financial management, cost transparency, service costing, and agile investment management. Its key products feature IBM Apptio, Cloudability for cloud cost management, Apptio Targetprocess for agile resource management, and the Apptio Platform, which includes modules for IT planning and business insights. The company caters to a diverse range of B2B sectors, including professional services, healthcare, and financial services, and operates globally with offices in North America, Europe, Asia Pacific, and Oceania.