Apptio expands strategic collaboration with Amazon Web Services

Apptio, the provider of technology business management (TBM) applications, has announced the expansion of its Strategic Collaboration Agreement (SCA) collaboration with Amazon Web Services (AWS), the company's preferred cloud service provider for over two years.

Apptio states it will expand its AWS footprint and AWS will continue to offer Apptio's products directly to its customers in AWS Marketplace, making it easier for shared customers to access cloud services and giving teams greater confidence to make the best decisions for their cloud spend and usage.

A recent Gartner survey shows 50% of CIOs plan to increase investments in cloud platforms in 2023. According to the 2022 State of FinOps Report, many organisations use disjointed cloud management processes, relying on ad-hoc methods that lack accountability.

Apptio states the company aims to equip its customers with more powerful tools that decrease friction and complexity and enable more confident cloud management decision making.

Ed Macosky, Chief Innovation Officer at Boomi, says, "We find value in the expanded partnership between Apptio and AWS, as it allows us to manage our cloud spend and usage with enhanced clarity and certainty.

"As a category-leading, high growth, global software as a service (SaaS) company with the largest user base among integration platform vendors, we are continually looking for ways to operate more efficiently to better serve our customers."

Apptio Co-Founder and CFO Kurt Shintaffer, says, "We have been extremely grateful for our collaboration with AWS. We look forward to continuing to provide our joint customers the opportunity to use leading cloud services into their business models."

Ruba Borno, Vice President, Worldwide Channels and Alliances at AWS, also commented on the announcement saying, "This is a natural extension of an already strong relationship with Apptio. As a customer-centric organisation, we're thrilled to make it easier for our customers to use Apptio's cloud financial management tools, allowing them to better understand their cloud footprint and make the best decisions for their businesses."

Apptio began its collaboration with AWS because of shared DNA of customer centricity and is now building on that foundation to provide new ways for customers to translate cloud spend to business value.

Apptio gives businesses access to actionable insights to connect technology investment decisions to drive better business outcomes.

More than 60^ of Fortune 100 enterprises use Apptio to manage spend across the entire IT portfolio and beyond, so they can focus on delivering innovation.

Apptio automatically ingests and structures vast amounts of enterprise and technology-specific spend and operational data. The company enables users across disciplines to report, analyse, plan, and govern their investments collaboratively, efficiently, and with confidence.