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cost optimization or business alignment process available from Apptio

  • 1.  cost optimization or business alignment process available from Apptio

    Posted Fri August 18, 2023 12:41 AM
    Edited by System Admin Tue November 05, 2024 05:47 PM

    Is there any place folder or deck available explaining cost optimization or business alignment process available from Apptio. 

    Here are some general concepts related to cost optimization and business alignment that Apptio provide through their platform:

    1. Cost Transparency and Visibility: Apptio's platform offers tools to help organizations gain transparency into their IT costs. This includes tracking expenses associated with various technology services, applications, infrastructure, and projects. With clear visibility, organizations can better understand where their IT budget is being spent.

    2. Business Alignment: Apptio's platform enable organizations to link IT spending and investments with specific business services or initiatives. This alignment ensures that IT resources are allocated in a way that directly supports the business's strategic goals.

    3. Budgeting and Forecasting: The platform provide capabilities for creating and managing IT budgets, as well as forecasting future expenses. This helps organizations plan and allocate resources effectively based on business priorities.

    4. Cost Optimization Analysis: Apptio's platform offer tools for analyzing IT spending patterns and identifying areas where cost optimization is possible. This could involve identifying underutilized resources, recommending cost-saving measures, and suggesting opportunities for efficiency improvements.

    5. Scenario Planning: The platform allow organizations to model different scenarios, such as the impact of changes in resource allocation, new projects, or technology upgrades, on their overall IT costs and business outcomes.

    6. Vendor Management: Apptio provide functionalities for managing vendor contracts, negotiations, and relationships. This can contribute to cost savings by ensuring favorable terms and preventing overspending.

    7. Performance Metrics and KPIs: The platform offer dashboards and reports with key performance indicators (KPIs) related to IT costs, resource utilization, and alignment with business goals. This helps stakeholders monitor progress and make informed decisions.

    8. Data Integration: Apptio's platform integrate with various data sources, such as financial systems, IT asset management tools, and project management platforms. This integration ensures that accurate and up-to-date data is used for cost analysis and optimization.


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  • 2.  RE: cost optimization or business alignment process available from Apptio

    Posted Thu August 24, 2023 03:52 AM
    Edited by Guillermo Cuadrado Tue November 05, 2024 06:27 PM

    Interesting question, @Thulasikumar Vuppalapati. Your list looks very comprehensive in and of itself! Good job.

    You may want to refer to these documents/videos (link).

    Also interesting are the following:

    • Apptio case studies / testimonials (link)
    • (From the TBM Council) link



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    Regards, Guillermo
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