BELLEVUE, Wash., Aug. 26, 2020 /PRNewswire/ -- Apptio, Inc.,
a leading provider of technology business management (TBM)
solutions that help organisations analyse, plan and optimise
technology spend, marks strong momentum across the Asia-Pacific (APAC) region with the addition
of 46 new customers, an expanded footprint across nine countries
and strategic new hires.
Apptio reported a 45 percent year-over-year increase in revenue
in the APAC region bolstered by new customers in the financial
services, insurance, retail and wholesale, energy, technology and
telecommunications, consumer goods, education and public sector
space. The company is now serving several top banks in Australia and Southeast Asia who are leveraging Apptio's
solutions to strengthen visibility into their technology
spending.
"When it comes to driving business change, we need good data –
and Apptio plays a key role with this," said Gerard Florian, Group Executive Technology at
ANZ Bank. "We use the data that Apptio's solutions provide to
create insights that allow us to have more strategic conversations
with the business about both cost and value."
Later this month, the company will welcome a new VP of Sales for
Southeast Asia, Owen Gan. Owen brings to Apptio more than 20
years of technology sales and leadership experience in APAC and
previously held business leadership roles at Dell Technologies,
Amazon Web Services and Computer Associates.
"Now more than ever, companies of all sizes, in all industries
and across all regions are in need of solutions to help them plan,
manage and optimise technology spending. In particular, we're
seeing a high demand for our solutions in APAC as a result of the
current pandemic. We are delighted to be able to extend our reach
to provide customers in the region with localised versions of our
market-leading cloud-based software applications," said
Sunny Gupta, CEO of Apptio.
"Technology organisations are going through a fundamental shift –
CIOs and CFOs are being asked to rapidly cut the run cost of IT. At
the same time, they are expected to accelerate transformation of
digital-enabled services and adopt product and cloud operating
models. Apptio is a catalyst for optimising costs while creating
business value and resources for this type of innovation to
happen."
The company recently opened its first office in Tokyo, Japan. Under the leadership of Managing
Director, Ayumu Narizuka, the
central office will enable Apptio to continue developing an
ecosystem of partnerships across APAC and deliver world-class
solutions and services to its increasingly global customer
base.
Historically, the lack of fully localised IT financial
management tools has been a significant barrier to adoption for
many international markets like Japan. But Apptio has made its IT Financial
Management Foundation (ITFMF) solutions available in Japanese and
plans to release additional capabilities in the local language over
the coming months.
"As we've seen in many regions, the eagerness to adopt new
technologies like cloud can unwittingly lead businesses to
exponentially increase spend without a way to manage or predict
expenses," said Ayumu Narizuka. "Apptio is the first company in the
country to provide a solution that addresses this need, and I'm
thrilled to help lay the groundwork for what will help drive
businesses across Japan to realize
and demonstrate the impact of IT investments."
The skyrocketing adoption of cloud services and the move toward
agile and DevOps methodologies has created the need for a new IT
operating model, making technology business management the
framework for the future. In 2019, Apptio brought its global office
count to 18 with the opening of its first office in India. The company's footprint in the APAC
region includes Japan,
Australia, New Zealand, India, Singapore, Thailand, Malaysia, Indonesia and the
Philippines.
About Apptio
Apptio's products empower business leaders to drive optimal
financial performance across their organisations. More than 60
percent of Fortune 100 enterprises trust Apptio to manage spend
across the entire IT portfolio and beyond, so that they can focus
on delivering innovation. Apptio automatically ingests and
intelligently structures vast amounts of enterprise and
technology-specific spend and operational data and enables users
across disciplines to report, analyse, plan, and govern their
investments collaboratively, efficiently and with confidence. For
more information, please visit www.apptio.com.
MEDIA CONTACT
pr@apptio.com
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SOURCE Apptio