"One of the primary challenges we face in IT financial planning is creating a single view of our investments across resources, services and innovation," said Stephanie Rendon, Director of Finance, Information Management at CHRISTUS Health. "Today, for instance, we can't provide a combined view of operational and investment costs for both projects and services."
Apptio addresses these and other challenges with two new additions to its IT Planning product portfolio. Apptio Project Financial Planning enables IT to proactively manage the full lifecycle of project costs, with visibility into project build and run costs to understand the impact of projects over time on the operational budget. Apptio Service Demand Planning enables IT to create demand-driven budgets, forecast service costs for predictable IT charges, and drive P&L ownership for IT services. The IT Planning product portfolio empowers IT leaders to holistically manage IT investments, analyzing the impact of tradeoffs between run and grow, and aligning IT spend with business objectives.
"Budgeting and planning can be viewed as just a tactical, time consuming exercise," said Ted Kummert, EVP of Engineering at Apptio. "These new applications raise planning to a strategic level where IT leaders can actively manage their portfolio of investments, making decisions about the mix of run vs. grow and engaging with leaders across the business to align investments with business needs."
For more information on how Apptio IT Planning aligns IT budgets to business priorities and improves the efficacy of the planning process, please visit http://www.apptio.com/applications/it-planning.
Apptio is the CIOs business management system. We build advanced data and analytics applications that help all IT leaders understand and make informed decisions about their technology investments, capitalize on the cloud transformation and drive innovation within their organization. We call it Technology Business Management. Our applications help companies align technology spending to business outcomes and automate IT processes like cost transparency, benchmarking, chargeback and planning. Hundreds of customers, including more than 40% of the Fortune 100, choose Apptio as their business system of record for IT. For more information, please visit www.Apptio.com.
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SOURCE Apptio, Inc.