The Azure Marketplace now offers IBM Apptio Costing and Planning, your next step in IT financial management.
IBM has always been to empower organisations with cutting-edge IT solutions. We are excited to share the most recent addition to Azure Marketplace portfolio: IBM Apptio Costing and Planning. IBM Apptio Costing and Planning, the industry-leading IT Financial Management (ITFM) solution, helps business units and executives understand where every dollar is going and the value it is providing to the company.
The significance of this expansion
There is increasing pressure on organisations nowadays to match IT investments with business objectives and value while promoting greater financial accountability and transparency. In order to overcome these obstacles, IBM Apptio Costing and Planning offers enterprises the following tools:
- Create a framework for IT financial management: Learn in-depth information about the use of your IT funds. Analyse expenses by project, department, or service to find areas where money can be saved.
- Determine areas that need optimisation and cost reduction: Cut back on wasteful expenditure, make the best use of available resources, and raise financial accountability in every area.
- Quicken forecasting and planning: Boost forecasting and budgeting accuracy to respond swiftly to changes. By enabling continuous planning and forecasting, IT executives may improve process efficiency by cutting down on time spent on manual operations and continually refining their financial strategies.
- Increased responsibility to stakeholders: Recognise the actual cost of providing IT services and use reasonable chargeback and showback practices to assist drive IT consumption. By assigning expenses to particular services, you may evaluate profitability, decide on prices wisely, and explain to the company the worth of IT services.
- Accelerate digital transformation: Make well-informed, strategic IT investments to support your company’s digital transformation path. Gain the knowledge you need to invest in innovation, manage resources efficiently, and promote corporate agility.
“By working together, IBM and Microsoft are enabling clients to effectively utilise IT resources and adjust to changing technological demands, particularly with the emergence of cloud-based artificial intelligence innovation,” stated Dinis Couto, General Manager, Commercial Partners at Microsoft. “IBM Apptio Costing and Planning on Azure, the company’s new IT Financial Management solution, will provide new value for customers.”
Azure Consumption Commitments: Optimising Value
The possibility for Azure clients to purchase IBM Apptio Costing and Planning using their Microsoft Azure Consumption Commitments (MACCs) is among the most intriguing features of this service. This implies that businesses can get cutting-edge ITFM capabilities without facing new financial obstacles by leveraging their existing Azure investments.
Businesses can get a consolidated view of their on-premises and cloud IT expenditures by integrating Apptio Costing and Planning into their Azure installations. This gives them the control and clarity they need to succeed in the complicated IT environment of today. As a result, businesses are able to find areas for cost optimisation and recover savings from previously committed expenditures, which they can then use to fund expansion and company priorities. Businesses can efficiently develop self-funded budgets that stimulate innovation and propel strategic initiatives by assisting in the identification and reallocation of funds that were previously designated for “run” activities into new growth investments.
IBM Apptio Costing and Planning
Overview: IBM Apptio Costing and Planning strengthens business unit relationships through a cooperative approach to IT expenditures and unlocks the resources to advance business initiatives by optimising applications and processes.
IBM Apptio Costing & Planning (FedRAMP Authorised) provides a common language between business units, IT leaders, and finance by combining all operational and financial data into a single model based on the TBM taxonomy. By simplifying applications and operations, speeding up planning cycles, and strengthening business unit partnerships with a cooperative approach to investments based on cost transparency, this product which is built on the foundations of IBM Apptio Costing unlocks the resources to accelerate business strategies.
- Give IT companies a business-centric perspective on technology investments and insights that enable them to reallocate and unleash resources.
- Recognise the underlying cause of every business unit spend, from the general ledger to the app, product, or service. – Optimise Application TCO: By comprehending the related fully-burdened cost structure, you can reduce the cost of particular apps.
- Justify Your Whole Portfolio of Applications and Services
- Find and remove duplicates and underutilised apps to reduce the cost of your application and service portfolio.
- Control Consumption by Business Units
- Collaborate with the leaders of the business units to choose the most economical IT solution to accomplish their goals.
Plan | Description | Price + payment option | Billing term | Subtotal |
IBM Apptio Custom Plan | Please contact the IBM Apptio team for your custom plan and to learn more. | $1,000,000.00/one-time payment | 1-year | $1,000,000.00 |
IBM Apptio Costing and Planning | Annual fee, Manage up to $25M of IT spend for fixed cost; addl fees above $25M/yr | $142,800.00/one-time payment | 1-year | $142,800.00 |