August 21, 2014 5:16 PM ET

Internet Software and Services

Company Overview of Apptio, Inc.

Company Overview

Apptio, Inc. provides Software-as-a-Service (SaaS) technology business management (TBM) solutions for Fortune 100 companies. It offers Apptio TBM information technology (IT) platform that provides data integration and management, visual cost and usage modeling, and self-service analytic solutions to transform raw data into information and insights; and processes and blends raw data from corporate and IT management systems into a single, shared source of facts and analysis that includes cost, utilization, demand, quality, and performance data with a role-based IT, finance, and business perspective. The company also provides an integrated suite of SaaS/cloud applications that combine analytics...

11100 NE 8th Street

Suite 600

Bellevue, WA 98004

United States

Founded in 2007





Key Executives for Apptio, Inc.

Co-Founder and Senior Vice President of Finance & Accounting
Co-Founder and Chief Technology Officer
Chief Financial Officer
President of Worldwide Field Operations
Age: 49
Compensation as of Fiscal Year 2014.

Apptio, Inc. Key Developments

UXC Limited Signs Apptio Partner Agreement

UXC Limited has announced its partnership with Apptio as part of a strategic initiative to help CIOs transform the business of IT and increase value for their organisations. The company's suite of cloud applications provides IT leaders the facts they need to make faster decisions, improve efficiency and communicate business value. The partnership brings together Apptio's strength in SaaS applications and UXC's strength in end-to- end IT solutions offering of advisory, consulting, enterprise applications, infrastructure services and support.

Apptio Announces Launch into the Australian Market

Apptio announced its launch into Australia and New Zealand. Apptio has officially opened offices in both Sydney and Melbourne, in addition to embarking on a hiring drive to bolster local presence. The company will work with UXC Ltd. as an implementer, integrator and reseller. Customers at launch include Orica and the Australian Government departments of Education and Employment Shared Services Centre. Apptio Technology Business Management software is a suite of cloud applications that give IT leaders the facts they need to make faster decisions, improve efficiency and communicate business value. Through the use of TBM within a business, Apptio is providing CIOs with the ability to harness their financial, operational, and organizational and performance data to showcase the value IT brings to their business. Customers turn to Apptio to create transparency into the costs of delivering and supporting IT products, applications and services; manage the cost, utilization and quality of what they deliver; benchmark themselves against their peers and cloud providers; and collaborate with business partners on trade-offs between cost and value. The company's Australian go-to-market strategy is led by General Manager, Richard Outten, and involves leveraging reseller partnerships including a key relationship with UXC Ltd, the larger Australian-owned ICT infrastructure solutions and services company. Apptio will be working closely with UXC to distribute Apptio's applications across all sectors, including government and education. The relationship with UXC Ltd. complements Apptio's global strategic alliance partners which include KPMG, Ernst & Young and ISG.

Apptio Announces Management Changes

Apptio announced three key leadership hires, positioning its business for its next phase of growth. Sean Boyle, former vice president of investor relations at Amazon, joins as Apptio's new chief financial officer. Ted Kummert, a long-time Microsoft product executive, joins as Apptio's new executive vice president of engineering and cloud operations. And Peter Klein, formerly the chief financial officer of Microsoft, joins Apptio's board of directors. Boyle joins Apptio from Amazon, where he most recently served as vice president of investor relations of Most recently, Kummert served as a venture partner at Madrona Venture Group. Most recently, Klein served as the CFO of Microsoft from November 2009 until May 2013.

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