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Squeezing More Value Out of Technology Investments: IBM to Acquire Apptio

Squeezing More Value Out of Technology Investments: IBM to Acquire Apptio

07/26/2023

Category: Impact Brief

IBM announced its intent to acquire Apptio, a FinOps software provider, to enable enterprises to maximize the business value of their often-escalating investments into public and private clouds by multiple service providers. Apptio’s financial visibility, management, and planning capabilities, combined with IBM’s portfolio of IT automation and AI software, provides IBM with a strong basis to enable customers, IBM consultants, and partners to proactively plan and continuously optimize their current and future investments into hybrid multi-cloud environments, talent, and project initiatives.

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