apptio
press release: apptio: apptio, inc. to participate in upcoming investor conferences
chris pick, apptio’s chief marketing officer, says the answer is simple: apptio’s people .
press release: apptio: apptio, inc. announces date of third quarter 2017 financial results
press release: apptio: apptio, inc. announces date of first quarter 2017 financial results
glassdoor has 148 apptio reviews submitted anonymously by apptio employees. read employee reviews and ratings on glassdoor to decide if apptio is right for you .
apptio: analysts expect apptio (apti) to post - $ 0. 01 earnings per share
the apptio university team hosted an awesome bite of apptio this friday. thanks for the great crepes :) !
apptio, inc. is a provider of cloud - based technology business management software for managing business of information technology. it offers cloud application which includes apptio cost transparency, apptio it planning, apptio it benchmarking, apptio business insights and apptio bill of it. the company also offers data studio, model studio and report studio under tbm studio. apptio, inc. is based in bellevue, united states .
apptio: apptio, inc. (nasdaq: apti) files an 8 - k submission of matters to a vote of security holders
owler has collected 18 screenshots of apptio' s website since oct 2012. the latest apptio website design screenshot was captured in mar 2018 .
apptio' s co - founder & ceo, sunny gupta, currently has an approval rating of 86% . apptio' s primary competitors are
apptio is a provider of technology business management saas applications designed to make business - aligned decisions and communicate it value. apptio is headquartered in bellevue, washington. sunny gupta is the co - founder & ceo of apptio. apptio' s ipo generated $ 96m. apptio' s main competitors are cloudability, numerify and nicus group. as of june 2018, apptio has 1. 9k fans on facebook and 11. 0k followers on twitter .
apptio currently has 1, 856 fans on facebook. as of july 2013 apptio had 407 fans. that' s a 356 percent increase in 5 years
since apptio was founded in 2007, it has participated in 7 rounds of funding. in total apptio has raised $ 236. 6m. apptio' s last funding round was on feb 2018 for a total of $ 4. 6m
© 2007 - 2018 apptio, inc. all rights reserved. | privacy policy
an apptio expert is ready to answer your questions and help you get started .
for reporting and modeling it costs the program uses a software product from apptio .
glassdoor gives you an inside look at what it' s like to work at apptio, including salaries, reviews, office photos, and more. this is the apptio company profile. all content is posted anonymously by employees working at apptio .
apptio currently has 10, 996 followers on twitter. as of july 2013 apptio had 5, 164 followers. that' s a 112 percent increase in 4 years
apptio' s saas applications transform the way it runs its business and makes decisions .
from setting budgets to analyzing and managing spend, apptio streamlines financial management for it .
apptio is a provider of technology business management saas applications designed to make business - aligned decisions and communicate it value. apptio was founded in 2007. apptio' s headquarters is located in bellevue, washington, usa 98004. it has rais ...
apptio blog want to compete with the big digital platform providers? be more like them .
historical market capitalization for apptio (apti) over the last 10 years. the current market cap for apptio (apti) as of march 31, 2018 is $ 1. 59b .
note: this course is designed by the tbm council for it and finance leaders and is not included in the apptio all access education pass (aaep) subscription designed for apptio tbmas .
bellevue technology company apptio priced its initial public offering of stock at $ 16 per share thursday .
apptio pioneered the discipline of technology business management and is the premier provider of tbm saas applications .
back in 2009, apptio was famed venture capital firm andreessen horowitz’s first investment. today apptio announced closing a $ 45 million fifth round of funding, bringing the company’s total to $ 136 million .
apptio representatives rang the opening bell on the nasdaq stock market this past september. credit: nasdaq .
apptio exceeded analyst expectations for revenue and profit during its second - ever quarter as a public company .
for more information on joining apptio at any of its global locations, please visit the careers page .
apptio provides cloud - based software that helps corporate it departments manage equipment, usage and costs. the 700 - employee company is led by entrepreneur sunny gupta, who co - founded apptio in 2007 .
subscription growth of 26 percent helped apptio top wall street estimates for revenue and net earning ...
© 2007 - 2018 apptio, inc. all rights reserved. privacy policy | about us | contact
, partner, emerging technologies for isg .
apptio' s benchmarking app leverages its data relationship with isg and this year, isg will provide clients with insight and analysis of their apptio benchmarking results .
fast - growing enterprise software company apptio announced on tuesday that it’s opening a new engineering center in denver .
apptio and the other winners were given special recognition at the annual eastside business awards luncheon on may 25 .
cloudability is apptio' s biggest rival. cloudability was founded in 2011, and is headquartered in portland, oregon. cloudability competes in the it services industry. cloudability generates $ 191. 3m more revenue vs. apptio .
current and historical revenue for apptio (apti) from 2015 to 2018. the sum of all revenue fields included for a company' s operating activities. the current revenue for apptio as of march 31, 2018 is .
, a proven sales and business leader in the it industry, will lead the new office as regional vice president southern europe. apptio france will broaden apptio' s existing european presence with a mission to serve french it leaders .
, who has a deep background in itsm and enterprise it. as part of apptio' s commitment to operating in
with apptio, cios get full visibility into it costs to make fact - based technology decisions that deliver business value .
apptio stock split history | www. stock split history. com | copyright © 2013 - 2018, all rights reserved
current and historical gross, operating and net profit margins for apptio (apti) over the last 10 years. the current net profit margin for apptio (apti) as of march 31, 2018 is - 13. 68% .
apptio enables it leaders to manage, plan, and optimize their technology investments across on - premises and public cloud services .
apptio has employees and is the first highest among it' s top 10 competitors. the top 10 competitors average 142 .
numerify is one of apptio' s top competitors. numerify' s headquarters is in san jose, california, and was founded in 2012. numerify operates in the it services industry. numerify generates 2. 46% of apptio' s revenue .
brings a wealth of leadership and business development experience to apptio france. he was most recently associate director of perform' hans in
press release: apptio: technology economy surges to $ 6. 3 trillion, now third largest economic force behind us and china
nicus group is seen as one of apptio' s top competitors. nicus group is a private company that was founded in 1992 in salem, virginia. nicus group is in the application software field. compared to apptio, nicus group has 638 more employees .
on september 23, 2016, apptio raised $ 96 million with its ipo. [ 19 ] on february 2, 2018, apptio completed the acquisition of digital fuel sv, llc, a provider of it business management (itbm) tools. [ 3 ]
apptio, inc. (the “company”) held its annual meeting of stockholders (the “annual meeting”). the stoc ...
apptio, inc. (nasdaq: apti) today announced that all outstanding shares of its class b common stock a ...
apptio, inc. (nasdaq: apti), the business management system of record for hybrid it, today announced ...
looking at the apptio stock split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. below, we examine the compound annual growth rate — cagr for short — of an investment into apptio shares, starting with a $ 10, 000 purchase of apti, presented on a split - history - adjusted basis factoring in the complete apptio stock split history .
pick says the greatest reward from working at apptio is the chance to change the marketplace. “it’s the opportunity to disrupt traditional enterprise software paradigms and build something that is radically new, ” pick notes. “that is ultimately what makes apptio an exciting place to work. ”
apptio’s customer roster includes alaska airlines, blue cross blue shield, bnp paribas, cisco, expedia, hallmark, jpmorgan chase and starbucks .
, the company plans to continue recruiting and hiring local employees. apptio also plans to open additional offices in emea within the next year .
at apptio, that curiosity is rewarded handsomely. employees receive full health insurance coverage, a substantial allotment of paid time off and a first - rate reimbursement program for professional development activities. every six weeks, apptio’s employees nominate two apptio superstars, both of whom receive a cash bonus and the opportunity to win the calendar - year superstar award—a distinction that comes with an all - expenses - paid vacation for two .
apptio' s revenue is the second highest among it' s top 10 competitors. the top 10 competitors average $ 26. 5m .
apptio (nasdaq: apti) cfo kurt shintaffer sold 30, 000 shares of the business' s stock in a transaction ...
sunny gupta, ceo at apptio, says workday' s acquisition of adaptive insights, founded in 2003, is a go ...
- apptio, inc. (nasdaq: apti), the business management system of record for hybrid it, today announce ...
apptio is the leading independent provider of on - demand technology business management (tbm) solutions for managing the business of it. apptio enables it leaders to manage the cost, quality and value of it services by providing deep visibility into the total cost of it services, communicating the value of it to the business through an interactive bill of it™, and strategically aligning the planning, budgeting and forecasting processes. apptio' s tbm solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives. global enterprise customers such as bank of america, boeing, jpmorgan chase, microsoft, st. luke' s health system, and swiss re rely on apptio® products and services to reduce costs and align it with business priorities. for more information, visit the apptio website or the apptio blog .
bellevue is home to a number of prestigious companies and apptio is proud to be recognized among this high profile group. as a company, we' re determined to find and grow local talent who are passionate about building a new software category. apptio' s current and future success is a direct result of our highly qualified team ,
said sunny gupta, co - founder, president and ceo of apptio .
recognition as an eastside business award winner further validates our vision of scaling apptio to become the next big enterprise company in the pacific northwest .
apptio, a company focused on helping cios get a deep understanding of their technology investments, has just scored a significant investment of its own .
according to gutpa, apptio can help federal information technology leaders with the office of management and budget (omb) mandates such as portfoliostat. apptio' s cloud - based applications can help them determine effectiveness of current information technology management practices and address opportunities to improve management of it resources .
equities analysts expect apptio (nasdaq: apti) to report earnings per share of ($ 0. 01) for the current ...
the additional capital will be used to scale apptio’s business across all functions and enter new markets with its solutions, which help businesses manage the cost, quality and value of it services. apptio claims the additional funding comes on the heels of 300 percent year - over - year bookings growth .
apptio is a bellevue, washington - based company founded in 2007 that develops technology business management software as a service applications. [ 4 ] [ 5 ] [ 6 ] apptio enterprise apps are designed to assess and communicate the cost of it services for planning, budgeting and forecasting purposes. [ 7 ] apptio' s services offer tools for cios to manage technology departments' storage, applications, energy usage, cybersecurity, and reporting obligations. [ 8 ]
apptio’s aptly named technology business management solutions provide a single source of record for both it financial and operational data, data analytics to drive real - time decision support, and applications to automate tbm challenges and streamline business processes. apptio delivers this technology on - demand in a saas model to maximize business value .
but shintaffer, who is joined at apptio by paul mclachlan, brian bero and jesse lee, said they have not lost the fire to do another startup .
britt is apptio' s executive vice president of people and culture, responsible for leading human resources, coaching executives and managers to become more effective leaders, and fostering apptio’s high performing culture. britt has over 15 years of experience leading hr teams in all aspect of the function, across a number of business sectors .
bellevue, wash. , march 27, 2018 / prnewswire / - - apptio, inc. (nasdaq: apti), the business management ...
bellevue, wash. , april 6, 2017 / prnewswire / - apptio, inc. (nasdaq: apti), the business management sy ...
in march 2014, apptio opened offices in sydney and melbourne, australia. [ 16 ] in 2015, the company announced that it was adding an office in denver. [ 17 ] apptio added another international office in march 2016, when it announced it would open an office in paris, france. [ 18 ]
. at the event, apptio' s senior management reaffirmed their commitment to their partner relationships as an important component of driving value for clients and partners alike .
sunny gupta is the co - founder, and ceo of apptio and serves on the company’s board of directors. he is a product visionary and innovator whose customer obsession led him to conversations with cios where he uncovered the market demand for creating an analytics based business management system for it. since founding apptio in late 2007, he both pioneered apptio’s market category, technology business management (tbm), and drove the company to become the market leader in this disruptive category with significant scale .
“i don’t have an mba or a degree in finance, ” said mclachlan, the co - founder and now chief technology officer of bellevue - based apptio. “i’d pick up books now and then… but on behalf of our customers, i had to become an expert. ultimately that’s the value apptio is trying to provide. ”
apptio has single handedly created a market and filled a need. the company has an incredible amount of energy. best marketing in software. very talented sales team .
las vegas, nov. 7, 2017 / prnewswire / - - apptio, inc. (nasdaq: apti), the business management system of ...
apptio education services is proud to be the first accredited education provider for the technology business management (tbm) council. as an accredited provider, we can deliver the
apptio came to us with an exciting proposal, “help us throw a stellar sales event… oh yeah, and we’re launching our new brand. ” we worked closely with the executive team to develop keynote addresses that would celebrate monumental wins and connect employees with the company’s strategy for the upcoming year. we also developed a video to launch the new brand, creating excitement for and cementing apptio’s new vision. the video was so great, they posted it on the apptio blog for the world to see .
though it’s barely five years old, bellevue - based apptio is off to an incredibly strong start. in q1 2012, the software startup scored $ 50 million in venture capital, quickly outpacing its peers in the region. and for good reason: apptio is at the forefront of the emerging field of technology business management, or tbm. apptio’s tbm tools enable managers to assess the cost of it services, to communicate those costs to corporate leadership, and then to plan, budget and forecast accordingly .
and has previously worked for global companies like oracle, sap and gartner. with this extensive background, he will be an integral part of growing apptio' s presence in
apptio france is the company' s 12 th office across the globe and follows the recent us expansion of its engineering organization with a new office in denver, co .
the company is selling 6 million shares, according to updated documents filed with the securities and exchange commission. that means apptio would make $ 96 million in its ipo .
leveraging your existing investments in established categories such as erp, itom and itsm, apptio pulls together your raw data and transforms it into actionable business information that operationalizes tbm .
keep an eye on work life balance. the employees love apptio and most would be willing to do anything - don' t take advantage of that unless absolutely necessary .
bellevue, wash. , oct. 26, 2017 / prnewswire / - - apptio, inc. (nasdaq: apti), the business management s ...
bellevue, wash. , oct. 9, 2017 / prnewswire / - - apptio, inc. (nasdaq: apti), the business management sy ...
for 2016 as a whole, apptio’s revenue topped $ 160 million, up 24 percent from 2015 and the company’s third - straight year surpassing $ 100 million in revenue. apptio has yet to turn a profit but losses appear to be slowing, as losses in 2016 reached $ 17 million, down from the nearly $ 32 million it lost in 2015 .
mclachlan went to work for a startup in sydney, right out of school, and has spent a career in software architecture at several companies. apptio has been his biggest challenge .
( 4 - traders. com) london, june 5, 2018 / prnewswire / - - apptio, inc. (nasdaq: apti), the business manage ...
apptio is the leading provider of saas - based technology business management (tbm) solutions for managing the business of it. apptio enables it leaders to manage the cost, quality and value of it services by providing deep visibility into the total cost of it services, communicating the value of it to the business through an interactive “bill of it, ” and strategically aligning the planning, budgeting and forecasting processes. apptio' s tbm solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives .
kurt is a co - founder and cfo at apptio. kurt brings more than 15 years of financial and operational management experience to the company. prior to co - founding apptio, kurt oversaw the corporate finance, legal, accounting, human resource, and information technology functions at iconclude. kurt was instrumental in completing the successful sale of iconclude to opsware in 2007 .
in october, when 800 information technology leaders devoted to apptio' s tbm approach gathered in miami to compare notes, there was for the first time a significant contingent of federal cios .
apptio filed plans to become a public company in august, indicating it hoped to raise $ 75 million. two weeks later, it increased that number to more than $ 100 million .
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our recognition as partner of the year underscores our firm commitment to apptio and to providing our clients with the best knowledge, data and tools for optimizing their it investments .
managing it costs and investments is all apptio does. gupta is a former partner exec with opsware, the company that venture capitalists marc andreessen and ben horowitz famously sold to hewlett - packard .
( 4 - traders. com) bellevue, wash. , may 11, 2018 / prnewswire / - - apptio, inc. (nasdaq: apti), the busine ...
( 4 - traders. com) bellevue, wash. , may 7, 2018 / prnewswire / - - apptio, inc. (nasdaq: apti), the busines ...
( 4 - traders. com) bellevue, wash. , april 30, 2018 / prnewswire / - - apptio, inc. (nasdaq: apti), the busi ...
founded in 2007, apptio has pioneered the technology business management category. backed by andreessen horowitz, cisco, greylock partners and others, apptio' s vision is to arm enterprise cios with a new set of solutions and methodologies to understand and manage the value it is delivering to the business. over the last year, apptio has more than doubled its roster of fortune 1000 customers and grew bookings by 300 percent. its customer base includes some of the world' s largest companies including bank of america, boeing, cisco, facebook, jpmorgan chase, microsoft, northrop grumman and swiss re .
although apptio is a technology company, its technology is financial in nature. apptio is one of the region’s fastest - growing startups. the 6 - year - old business software company has about 400 employees and has raised about $ 130 million in funding, including a round of $ 45 million earlier this year. it has more than 100 customers, including many household names such as starbucks and target .
leverage apptio’s standard cost and kpi model to make actionable apples - to - apples comparisons of your monthly actual costs against a database of current and detailed benchmarks. demonstrate efficiency and identify areas for improvement .
the bellevue, wash. company may not be the sexiest selection, but it makes sense based on its background. apptio’s chief executive, sunny gupta, is a longtime friend of both andreessen and horowitz. opsware bought gupta’s previous startup, iconclude for $ 53. 7 million in 2007 — a company that was backed by shasta, as well as greylock partners and madrona venture group, which also participated in the recent round for apptio. the acquisition of iconclude helped buoy opsware to its $ 1. 6 billion sale to hewlett - packard later that year. apptio brings all of these connections full circle .
the field is now referred to as technology business management (tbm). gupta promises that apptio can deliver metrics and data that enable users to see 20 to 30 percent jumps in the efficiency of their technology budgets .
apptio’s on - demand software allows the executives of other companies to scrutinize how their technology budgets are being spent and reduce inefficiencies. mclachlan is essentially a chief technology officer for a company that makes life easier for other ctos .
apptio’s software is used by businesses to manage their it systems and services. its technology business management (tbm) solutions monitor financial and operational data about it and technical customer support to provide added transparency and cost - efficiency .
as evp of products and engineering, beack will lead the evolution of the next generation of apptio' s saas applications by fusing intelligent analytics with process and continuing to expand apptio' s product portfolio. prior to apptio, beack served as cto at vertafore and led its product development efforts. before that, he held several senior leadership roles at amdocs, bea systems, inc. and software ag. theo brings more than 25 years of experience in enterprise class software, architecture, technology strategy and innovation spanning multiple industries. theo was also the winner of seattle business' 2016 executive excellence award and earned two computer science degrees from the tshwane university of technology in his native south africa .
founded in 2007, the company previously raised $ 7 million from ignition partners, greylock, madrona, shasta and frank artale (of accel partners), and andreessen and horowitz as individuals (now as partners in a fund, their relationship to apptio has been formalized). it serves 36 customers, including cisco systems. gupta told the seattle times that he has a strategy to turn apptio into a $ 100 million, 700 - employee company within five years .
gdp value represents nearly five percent of the world economy and the country is home to more than 30 companies represented in the fortune global 500, presenting a huge opportunity for apptio to grow its global presence while serving existing local customers .
larry is apptio’s chief revenue officer and is responsible for driving revenue generation, channel strategy and sales excellence for the company. larry brings more than 20 years of experience building and leading high performance sales teams in the enterprise software industry .
apptio look after their employees and pay well. culture is informal and cool, it feels like a big start - up. the market they created with the tbm is niche and have a great potential for it leaders and organisations .
tagged with: andreessen horowitz, apptio, cios, cloud computing, enterprise it, greylock partners, henry hillman, hillman company, janus capital, madrona venture group, shasta ventures, sunny gupta, t. rowe price, venture capital
sunny gupta has already struck gold twice for madrona venture group. now, the seattle entrepreneur is looking to do it a third time with a startup called apptio that has scored $ 7 million from the seattle venture capital firm and greylock partners .
“apptio has everything we like to see in investments — a big market with a significant problem, ” horowitz tells venturebeat. “the way companies get information about modern it is extremely broken, and they’ve built a terrific product to address that. ”
apptio is the independent software - as - a - service leader in technology business management (tbm), a new category and discipline backed by global it leaders that helps you understand the cost, quality, and value of the services you provide .
chris pick, president of the tbm council – the tbm council is a nonprofit professional organisation dedicated to advancing the discipline of technology business management (tbm) – and cmo at apptio attended the event. information age spoke to him about the event .
apptio' s approach is to provide analytics and fact - based insights about the cost, quality and value of technology spend to remove the emotional component from the decision - making process surrounding spending, so that spend management is no longer up for debate .
seattle, wash. - may 27, 2011 - apptio, the leading provider of on - demand technology business management (tbm) solutions, today announced that the company has been recognized by the bellevue chamber of commerce as a winner of the eastside business awards in the emerging business category. according to the award organizers, apptio was recognized for achieving a significant presence in the eastside business community and demonstrating consistent and significant growth. other eastside business award winners include concur, quadrant homes and novel, inc .
apptio develops and sells technology business management (tbm) solutions. co.' s tbm solutions consist of a cloud - based platform and a suite of saas applications: cost transparency, information technology (it) benchmarking, business insights, bill of it and it planning. co.' s data and analytics platform utilize proprietary modeling capabilities, self - service analytics and planning workflows to enable customers to make actionable, data - driven strategic and operational decisions. co. provides its solutions on a subscription basis. co. operates in the u. s. , the u. k. , germany, denmark, the netherlands, australia, canada, france, singapore and italy. according to our apptio stock split history records, apptio has had 0 splits .
hi elodie, ronald leder and julie batty wanted to make sure you knew about an upcoming ctbme course in london. it' s being offered by the tbm council (not apptio education) so info and registration is on their website the tbm executive foundation certification
apptio has subscriptions from 29 of the fortune 100 companies and has more than 125 global enterprise customers, including boeing, royal bank of scotland, safeway, target, and xerox. this financing will support apptio’s accelerating growth and expand its international presence. new investors janus capital and the hillman company led this round, with participation from existing investors andreessen horowtiz, grelock partners, madrona venture group, shasta ventures, and accounts managed by t. rowe price associates. the company closed its $ 50 million series d last march .
the round brings apptio’s total capital raised to $ 136 million. its last reported implied valuation was about $ 600 million. ceo sunny gupta wouldn’t tell me the new valuation, but said it was a “considerable improvement. ” you can probably do the math yourself .
apptio, a bellevue, washington - based provider of saas - delivered technology business management solutions this morning announced that it has closed a $ 16. 5 million series c round – the company has now raised up to $ 37. 5 million in venture capital .
larry joined apptio in 2009 as vice president of sales and has played an instrumental role scaling the organization while bringing apptio to broad set of customers across the global 10, 000. prior to joining apptio, he was a vice president of sales for hp software (via the opsware acquisition). there, he led teams that delivered hundreds of millions in annual revenues. as svp of sales at opsware, larry' s customer acquisition and leadership success played a key role in the company' s $ 1. 6 billion acquisition. larry also spent more than six years in various sales leadership roles at veritas software, contributing to their rapid ascent and eventual acquisition by symantec. larry was a commissioned officer in the united states army and holds an mba from the george washington university in washington, dc .
“apptio has everything we like to see in investments — a big market with a significant problem, ” ben horowitz said to venturebeat about the 2009 investment. “the way companies get information about modern it is extremely broken, and they’ve built a terrific product to address that .
the top 10 competitors in apptio' s competitive set are cloudability, numerify, nicus group, vmware, scalable software, cloudcheckr, netsuite, software ag, pentaho and cloud cruiser. together they have raised over 1. 6b between their estimated 27. 0k employees .
update: shares sunk more than 16 percent at one point in after - hours trading during the company’s post - earnings call with analysts, but are now down 3 percent. gupta noted that apptio suffered a specific customer loss, so that could be one reason for the dip .
today, his company, apptio, is providing cios a new tool to make them true c - level executives (not merely
the techie
in the room). and while the company may not yet be a household name, gupta seems to be on his way .
as the technical advisor and principal sponsor of the tbm council, apptio has seeded initial content, provided funding for the council' s incorporation as a nonprofit organization, and will remain involved in its governance and operations to help ensure its success. sunny gupta, ceo of apptio, has been appointed the founding director of the tbm council and will provide operational and strategic guidance. in this capacity, sunny will collaborate closely with the rest of the tbm council board of directors to create a sustainable operating infrastructure to support the council' s growth and research efforts .
as this organization continues to grow in size and relevance, we' re excited to have these distinguished technology leaders become an integral part of the tbm council ,
said chris pick, president of the tbm council and chief marketing officer at apptio .
our new chairman ,
since 2007, apptio has aimed to develop an entirely new category of software, to create what cofounder and cfo kurt shintaffer has called the “new it. ” apptio’s cloud - based technology business management (tbm) solutions help it departments to track all of their costs, to identify where spending is most effective, and, as ceo sunny gupta has explained, to manage the business of technology as well as the technology itself. apptio’s tbm tools enable managers to assess the cost of it services, to communicate those costs to corporate leadership, and then to plan, budget and forecast accordingly. rapid adoption in the financial industry—the company’s services are used by bank of america, first american financial and jpmorgan chase to reduce their it costs by 10 percent or more—brought the privately held company up to $ 60 million in bookings for its subscription - based services .
apptio is the cio' s 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 percent of the fortune 100, choose apptio as their business system of record for it. for more information, please visit urltoken .
launched with money from venture superstars andreessen horowitz (led by netscape founder marc andreessen), greylock partners (early stage money for facebook and linkedin) and madrona venture group (early amazon funders), apptio last year was the biggest non - biotech recipient of new capital in washington state .
when i last checked in with gupta in mid - 2011, apptio, which is based outside seattle in bellevue, wash. , had 60 customers, including facebook, and was managing about $ 50 billion in tech investments. now it has 125 customers, including boeing, target and xerox .
this first troubleshooting course, offered via virtual instruction, emphasizes the methodologies required to scan, identify, diagnose and resolve several common miscalculations that apptio users encounter during modeling and reporting activities. students will acquire the necessary concepts and skills to identify and troubleshoot (1) lost dollars in their model, (2) { various } on a report, (3) allocation filters and (4) equally weighted paths. instructor lecture and hands - on student projects allow participants ample exploration opportunities that support troubleshooting decision making as well as reinforce understanding of the importance of keys and granularity in the apptio model .
seattle, wa – june 7, 2012 - apptio, the leading provider of on - demand technology business management (tbm) solutions, today announced the tbm council has been launched as a separate delaware - based, nonprofit organization. the mission of this new entity is to identify and promote best practices for running technology organizations like a business. initially founded by apptio as a cio user community, the tbm council has since grown to include more than 225 members – including cxos from some of the world' s most advanced it organizations – who are collectively leveraging tbm to become a more strategic partner to the business .
oh, and there will also be a troubleshooting webinar on february 25th. it' s not in the lms yet, but this is another option for the near term. two different things... one is a webinar hosted by apptio experts, and the other is a hands on instructor led class .
), a leading technology insights, market intelligence and advisory services company, announced today it has been named
partner of the year
by apptio, a leading provider of cloud - based technology business management (tbm) software. isg has become the premier thought leader in the area of tbm, and its
“our fourth quarter was highlighted by record revenue and the continued strength of our subscription revenue, which grew by 30% in 2016, ” apptio ceo sunny gupta said in a statement. “cloud adoption and it transformation continue to be catalysts and we believe the market is hearing our message regarding the power of tbm. ”
as the chief marketing officer of apptio, chris holds responsibility for strategy and world - wide market development. he is an accomplished enterprise software executive with over 25 years of experience in building new categories and executing differentiated go - to - market strategies. in early 2012, chris championed the spin out of apptio' s cio advisory board into a nonprofit business entity of thousands of members focused on creating the professional discipline, standards and industry benchmarks required to manage the business of it. as such, chris serves as the president of the technology business management council to help cios transform the it value proposition via tbm methodologies and best practices .
apptio has prospered in the red - hot saas (software as a service) sector, helping large corporations manage their it budgets more efficiently. its growing revenues and customer base have made it a ripe candidate for an initial public stock offering, a move the company recently implied with the hiring of executives from amazon and microsoft .
obviously, mcilwain does not think that is the case with the team at apptio. and he said there are real benefits from linking up with someone who has done it before at the fund. venture capitalists don’t have to waste time learning entrepreneurs’ quirks, with mcilwain saying that there is real “familiarity of their strength and weaknesses. ”
apptio, which makes software to help cios better understand spending in it departments, went public in september and raised $ 99. 1 million. its stock soared more than 40 percent on its first day but came down to earth the following week and is now down nearly 25 percent since the ipo, trading around $ 17 on thursday .
prior to apptio, chris was an operating partner in austin ventures' ceo - in - residence program where he focused on identifying new growth strategies and defining disruptive business models. he was also the chief marketing officer and vice president of products at netiq for eight years and ran ernst & young' s global security practice for four years .
amazon web services, apptio, big fish games, decide, eagleview technologies, edifecs, edvation, extrahop networks, jackson fish market, livemocha, mammogray reporting system, microsoft (windows azure and photosynth), panopto, realself, redfin, seomoz, skanska, starbucks, synapse product development, zillow, zipline games, and zulily .
andreessen horowitz, the much - hyped $ 300 million fund founded by netscape founder marc andreessen and his opsware co - founder ben horowitz, has chosen its inaugural investment: apptio, maker of software that makes information technology management more transparent and cost - efficient. it co - led the company’s $ 14 million second - round of funding with shasta ventures .
apptio claims its cost transparency application can track a grant or appropriated money to ensure it is being spent as planned. the company also helps information technology finance professionals understand the color of money by tracking appropriators on capitol hill. all of this is done within the context of each agency' s larger budget to provide deeper clarity and understanding throughout the agency .
unlike most corporate functions, including finance, sales, and manufacturing, it historically lacked the business visibility necessary to maximize precious resources, deliver the most cost - effective portfolio, and maximize value for the company. those days are over. apptio equips cios with the enterprise business management system they’ve been operating without. we call it technology business management (tbm) .
apptio has terrible internal systems, the fact that a saas based company doesn’t even have a data warehouse is mind boggling. disappointed to see a company with a good product not be more data driven. part of the job was extremely manual, due to upstream data issues. prior to this i had come from a company which operated at large scale, so you needed to build out process that can scale. apptio is still using processes that they used prior to their ipo. they need to get out of the stone age and develop scalable automated processes now that they are a mature company. talent on the finance team was good, but the accounting team could be better. they have trouble closing the books on time every month which creates more churn for finance. attrition in the g & a acct / fin organization is extremely high and i see why. the company fails to invest in building out scalable processes and systems and does not do a good job of retaining top tier talent. these two weaknesses will continue to hinder apptio until they decide to invest more in systems and retaining talent .
apptio expects revenue between $ 42 - to - $ 45 million for the current quarter and a non - gaap operating loss between $ 4 - to - $ 4. 5 million. it expects revenue for full - year 2017 between $ 178 - to - $ 181 million, and a non - gaap operating loss between $ 15 - to - $ 18 million .
dione hedgpeth is the svp of customer success at apptio, where she owns the operations and customer experience for apptio’s 500 + customers. she has over 25 years of experience in enterprise it and has a track record of scaling saas customer - facing teams. dione has served in a number of executive positions over the past 15 years, including running global and managed services at precise software solutions, where she was named to the mspmentor list of top 250 managed services executives. she has also served in a number of roles at mercury interactive across global support and professional services, as well as building mercury' s saas business from the ground up. she holds a bs in computer science and engineering from the university of california, los angeles .
the list of perks continues: all employees are eligible for a $ 2, 500 bonus if a referral results in the hiring of a full - time employee, and workers often host “bite of apptio” events, at which regional food and beverage pairings are served to all comers. (we’d be remiss if we failed to mention that the company serves free beer on friday afternoons. )
“as we continue to scale in size and product innovation, we made the strategic decision to expand our engineering team into new markets, ” apptio executive vice president of engineering ted kummert said. “stephen’s breadth of experience, coupled with denver’s thriving tech scene will be critical in our ability to deliver at a higher velocity and accelerate the adoption of our (technology business management) solutions. ”
1. of all the time i spent at apptio, the biggest pros i think was the dedication from groups of people and peers at the company. everyone truly had a belief and perseverance to pursue the good for the company. there existed a fabric to satisfy customers. 2. the company also had a well stocked pantry, including free beer. 3. you get ok equity depending of the time you started. 4. the business case addressed by the company is a very real issue in large enterprises, hence you get to have good interactions in a customer facing role. 5. good and strong leaders in engineering and marketing. the product' s gotten a lot better and apptio' s known for it' s marketing that connects with a customer .
“apptio was a much more difficult proposition, ” he said. “getting started, you don’t understand what your customers do or want to do with the software. culturally, we’re a learning company. my strategy early on was we don’t know what we don’t know. so we put together this platform that is exceptionally capable of doing just about anything someone wants to do in this space. ”
apptio, which offers enterprise saas for managing it and operations to large companies looking to stay abreast of the latest advances, has raised yet more money from a familiar roster of investors. this $ 50 million round, their fourth, was led by “certain investment strategies” at t. rowe price associates, inc. , augmented by continuing investment from andreessen horowitz, greylock partners, madrona venture group and shasta ventures .
apptio has long been on of the seattle area’s fastest growing startups, offering a suit of tools to help large enterprises — like cisco, microsoft and bank of america — plan and manage it expenses. it has 11 offices, from sydney, australia to düsseldorf, germany. in the u. s. , the company has five offices in bellevue, new york, chicago, north carolina and — now — denver .
recognition as an eastside business awards winner marks the fourth award for the company in the month of may. in addition to this honor, apptio was also recently appointed to the prestigious tie50 list, and the company' s ceo, sunny gupta, was recently named the seattle 2. 0 startup ceo of the year and was also named as an ernst & young entrepreneur of the year finalist in the pacific northwest region .
it systems are complicated and expensive. developments in computing, such as the migration to the cloud, have changed the way businesses structure their it systems. with these shifts comes the need to gain an understanding of how the various products, services, resources, and assets are being used. apptio gathers and analyzes data about it system performance so businesses can make data - driven decisions and get the most out their it investments .
apptio founded the technology business management council in 2012, [ 20 ] a non - profit organization that had over 2, 900 cios [ 21 ] and other senior it leaders by 2014. [ 20 ] it was reported by the puget sound business journal that the council “aims to help it departments run like businesses by setting standards and best practices”. [ 22 ] the council held its first conference in november 2013. [ 11 ]
isg has taken an active role in sharing original insights on the subject of tbm, most recently in such publications as pitchbook, cfo thought leader and tech forward. through its partnership with apptio, isg delivers a powerful combination of saas applications with isg' s significant body of data, operational insights and strategic consulting to help clients gain a better understanding of their it spending, become more strategic and forge a deeper relationship between it and business .
proudest accomplishment 2013: i’m certainly not the only one involved — or even the most responsible — but compared to last year, apptio’s r & d; team is a completely different, enthusiastic and innovative organization today — any individual feature or technical hurdle pales in comparison to that, i think. r & d; has a long lead time so the impact can’t be seen externally yet, but there are some really exciting times ahead for us .
this council has evolved significantly since it was first convened to become a true community of cios who are committed to transforming their organizations through the discipline of technology business management ,
said sunny gupta, founder and ceo of apptio .
these cios represent some of today' s most forward thinking innovators who recognize that the new realities of it demand an entirely new approach. we look forward to hosting this community and driving this conversation forward .
the company provides services to make life easier for chief financial and information officers. as computing and server virtualization takes off at companies of all sizes, it is becoming more difficult for cios to tally up how much is being spent on information technology, and even more difficult to communicate that data to cfos determining how it fits into budgets. apptio breaks down use of it resources and costs by department and allows companies to predict what will happen to expenses if changes are made to it infrastructure.
apptio is a bellevue , wash.-based company founded in 2007 that develops technology business management software as a service applications . apptio enterprise apps are designed to enable the assessment of it service costs and communicate those costs to corporate leaders for planning , budgeting and forecasting purposes . the tools help cios run the technology departments as a business , tracking storage , cloud usage , applications , energy usage , cybersecurity , telecommunications , and reporting obligations . in 2009 , the company was the first investment for silicon valley venture capital firm andreessen horowitz . the company has approximately 325 customers , including small companies as well as corporations such as bank of america , metlife , cisco , microsoft , starbucks , jpmorgan chase , goldman sachs , boeing , target , xerox , coca-cola and directv . 
apptio is a bellevue, wash.-based company founded in 2007 that develops technology business management software as a service applications. apptio enterprise apps are designed to enable the assessment of it service costs and communicate those costs to corporate leaders for planning, budgeting and forecasting purposes. the tools help cios run the technology departments as a business, tracking storage, cloud usage, applications, energy usage, cybersecurity, telecommunications, and reporting obligations. in 2009, the company was the first investment for silicon valley venture capital firm andreessen horowitz. the company has approximately 325 customers, including small companies as well as corporations such as bank of america, metlife, cisco, microsoft, starbucks, jpmorgan chase, goldman sachs, boeing, target, xerox, coca-cola and directv.
apptio is a bellevue, wash.-based company founded in 2007 that develops technology business management software as a service applications. apptio enterprise apps are designed to enable the assessment of it service costs and communicate those costs to corporate leaders for planning, budgeting and forecasting purposes. the tools help cios run the technology departments as a business, tracking storage, cloud usage, applications, energy usage, cybersecurity, telecommunications, and reporting obligations. in 2009, the company was the first investment for silicon valley venture capital firm andreessen horowitz. the company has approximately 325 customers, including small companies as well as corporations such as bank of america, metlife, cisco, microsoft, starbucks, jpmorgan chase, goldman sachs, boeing, target, xerox, coca-cola and directv.