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 Banking & Finance: Categorizing Apptio as a Risk Model/End-User Computing (EUC) tool

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Apptio Community Member's profile image
Apptio Community Member posted Wed August 21, 2024 12:38 PM

Questions:

  • Generally, Is Apptio considered a "Model"?  
  • Does anyone have any experience with Apptio vs. Risk Model?
    • If so, how did you satisfy your organization's model requirements? 
    • What level of documentation was required?

Note:

My firm considers an something a model when the following elements are met:

1.) The approach/method is quantitative in nature

2.) Uses statistical, economic, financial, or mathematical theories or techniques

3.) Contains assumptions (either quantitative or qualitative)

4.) Output is quantitative and contains uncertainty


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Matt Temple's profile image
Matt Temple posted Mon August 26, 2024 01:33 PM  Best Answer

Generically, "Apptio" is a software development company which publishes tools in support of the TBM, FinOps, and Tech Investment Planning & Management domains.

It's important to distinguish the specific product when categorizing/typing.

Apptio's "Costing" tool (previously known as "Cost Transparency") can absolutely be typed as a modeling tool. Their other tools...no.


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Bob Koby's profile image
Bob Koby posted Thu August 22, 2024 10:41 AM

Thank you for your question. Apptio is a tool that uses the TBM or Technology Business Management model. You can find more information here: https://www.tbmcouncil.org/learn-tbm/what-is-tbm/. Let me know if this answers your question or if I can help further. 

Thanks,

Bob 


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