IBM has announced it has completed its acquisition of Apptio Inc. after receiving all required regulatory approvals. The acquisition gives clients the ability to derive additional value through the powerful combination of Apptio and IBM.
Technology is a competitive differentiator for today’s enterprises. Organizations are accelerating their IT investments, spreading workloads and applications across public and private clouds, using multiple service providers. As a result, their expenses are increasing, and they need simplified, integrated, and automated solutions to optimize their IT spend, improve operations, and drive greater financial returns.
Acquisition brings together the industry-leading solutions of Apptio’s FinOps offerings, including ApptioOne, Cloudability and Targetprocess, and IBM’s automation portfolio of Turbonomic, AIOps and Instana to give clients a “virtual command center” for managing, optimizing and automating technology spending decisions.
Locally in Krakow Apptio and IBM started the integration process from what is the most important – building a great, long-lasting relationship. I had an opportunity pending a day to meet with our new friends at Apptio office. There are great things in front of all of us.