ARLINGTON, VA--(Marketwired - November 01, 2016) - Decision Lens, the leader in IT strategy execution, today announced a partnership with Apptio, Inc. (NASDAQ: APTI), the leading provider of cloud-based Technology Business Management (TBM) software to provide a best-of-breed solution for CIOs. This partnership combines Apptio's industry leading capabilities in cost transparency, benchmarking and planning with Decision Lens' cloud-based analytics platform for strategic planning, prioritization, and resourcing. As a result, the two companies have brought to market a solution that gives IT organizations a capability to drive "best bang for the buck" IT transformation.
"The role of the CIO is changing rapidly, with an increasing focus on how technology can be used to strategically drive better business outcomes. The combination of Apptio with Decision Lens provides a comprehensive picture for CIOs that brings together IT costs with business strategy, and an understanding of how to drive better business performance with IT investments," said John Kealey, CEO of Decision Lens. "This combination of IT costing with strategic portfolio analytics provides a solution to support the next natural step in the evolution of IT into being true business enablers."
Through this partnership, Apptio's SaaS-based applications will provide project-level costing detail and transparency directly into Decision Lens' IT resource optimization. Additionally, planning and prioritizing IT projects jointly with Apptio and Decision Lens empowers IT leaders to make impactful, cost-effective decisions. CIOs can now see specifically how IT costs can be better managed, directed, and resourced towards specific strategic business imperatives.
"Many CIOs use Apptio as their business management system for making informed, data-driven spending and investment decisions," said Stan Shull, VP of Corporate Business Development at Apptio. "Decision Lens' software complements Apptio's full suite of TBM applications by providing IT leaders with the information they need to strategically prioritize and execute on those investments. Armed with both, CIOs are empowered to make the most effective, innovation-focused decisions for their business."
About Decision Lens
Decision Lens (@DecisionLens) is cloud-based software that enables a comprehensive business process for strategically identifying, prioritizing, analyzing, and measuring which investments, projects, and resources will deliver the highest returns. Through advanced analytics and flexible, custom visualizations and scenarios, organizations can make selections and immediately see the trade-offs to move forward with confidence.
Decision Lens improves the speed and quality of prioritization and resource optimization, while maximizing portfolio outcomes.
Apptio (NASDAQ: APTI) is the CIO's business management system. We build advanced data and analytics applications that help IT leaders make informed decisions about their technology investments, capitalize on the cloud transformation and drive innovation within their organizations. We call it Technology Business Management. Our applications help companies align technology spending to business outcomes and automate IT processes like cost transparency, benchmarking, charge-back and planning. Hundreds of customers, including more than 40 percent of the Fortune 100, use Apptio as their business system of record for IT. For more information, please visit www.apptio.com.
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