SOURCE: Apptio

June 14, 2010 10:00 ET

Apptio Hosts Webinar Featuring Independent Research Firm to Discuss Best Practices for Managing the Business of IT

Webinar to Provide an Overview on IT Financial Management, How Cloud Is Forcing a Change and Best Practices in Business Solutions

SEATTLE, WA--(Marketwire - June 14, 2010) -  Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced a webinar on "Best Practices in Managing the Business of IT: Cost Transparency, Decision Support and Chargeback," with Michel Feaster, vice president of products at Apptio, and special guest Thomas Mendel, Ph.D., vice president and research director at Forrester Research, Inc. The webinar will be held on Tuesday, June 15 at 9:00 a.m. PDT.

IT leaders are being asked to act more like business owners with more focus on the financial performance of IT and the changing supply chain of "new IT." Technology Business Management offers best practices in managing the business of IT in order to optimize the cost of IT operations, make more informed decisions on critical initiatives such as cloud and virtualization, provide proper financial reporting to the business, and streamline planning and cost recovery business processes.

During the webinar, Feaster and Mendel will discuss:

  • Early adopter benefits from Technology Business Management implementations
  • Best practices in cost transparency and IT service costing
  • Best practices in optimizing the cost of operations and providing the decision support to make the most of cloud and virtualization initiatives
  • Chargeback and "showback" policies
  • New budgeting and planning systems for IT
  • The customer maturity model and how to get started successfully
  • Growth of the Technology Business Management market

To register for the webinar, please visit:

About Apptio
Apptio is the leading provider of SaaS-based Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT Services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive "Bill of IT," and strategically aligning the planning, budgeting and forecasting processes. Apptio's TBM solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives. Organizations such as Blue Cross Blue Shield of Kansas, BNP Paribas, Cisco, EMD Chemical and Starbucks use Apptio to reduce costs and align IT with business priorities. For more information on Apptio, please visit or the Lean IT blog at

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