Friday, 17 June 2022 09:16

Apptio improves support for technology investment decisions

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Technology business management specialist Apptio has announced a range of updates to its products, aimed at improving the ability to act upon data insights, connecting investments to strategy, and linking data.

Apptio BI now includes a set of canned reports, with more being released on a monthly schedule. According to the company, real-time connection to Apptio data sources and system-generated alerting reduces the time spent on creating and analysing reports.

AWS EC2 rightsizing recommendations for Auto Scaling Groups and GPU-backed cloud instances are said to help reduce overprovisioning and unnecessary costs.

ApptioOne's new Integrated Investment Planning feature covers waterfall and agile projects, isolating the ‘build’ costs from the ‘run’ costs, with direct connections to source project portfolio management or enterprise agile planning systems.

Cloudability TotalCost connects public cloud spend with direct, indirect and shared cloud costs in areas such as labour, observability tools and third-party services, providing a more accurate view of cloud expenditure. Chargeback tools allow IT teams to fully allocate these costs to users, and alerts can be triggered when costs exceed budgeted thresholds.

Apptio Targetprocess now has native integrations with popular tools such as Jira, providing improved visibility across multiple teams without impacting existing processes.

Targetprocess also gains validation rules to automatically enforce checkpoints within automated workflows, helping to improve data integrity while ensuring alignment to company requirements.

Apptio Automated Data Management provides publish and subscribe data sharing between Apptio applications. This will first be seen in ApptioOne's Cost and Plan features.

“As a digital-first approach is top-of-mind for enterprises globally, it is crucial that key decision-makers are equipped with the best tools to ensure their technology investments are driving business value,” said Apptio chief engineering officer Jeremy Ung.

“Traditional financial management tools are not suited to the distributed nature of technology across teams that we are seeing in organisations today. Apptio’s latest enhancements to its products offer unique solutions for enabling the shift from a project to product organisation by connecting data from all parts of the business, giving full financial visibility into the entire technology footprint and the insights to steer funding based on value delivered. These capabilities give decision-makers the blueprint to accelerate product innovation in a digital-first world.”

Apptio vice president and APAC general manager Ben Allard said “Enterprise technology spend continues a steady climb in Australia and New Zealand (A/NZ) according to Gartner, and the analyst firm even expects many markets to invest more in cloud than traditional IT in coming years. But while digitalisation creates opportunities, it also makes budgeting far more complex, leading many companies to waste substantial funds.

“These new features and added platform capabilities simplify the management of expanding IT budget, enable predictability around future spend, and help save money to reallocate to priority projects.”

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Stephen Withers

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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