Overview
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Costing & Planning (FedRAMP Authorized), brings together all financial and operational data into a unified model built on the TBM taxonomy to provide a common language between finance, technology leaders and business units. Built on the foundations of IBM Costing this product unlocks the resources to accelerate business strategies by streamlining applications and operations, accelerating planning cycles, and deepening business unit partnerships with a collaborative approach to investments based on transparency of costs.
Highlights
- Provide a business-centric view of technology investments with insights that helps IT organizations unlock and shift resources - Understand the root-cause for any business unit expense from the app/product/service down to the general ledger - Optimize Application TCO - Lower the cost of specific applications by understanding the associated fully-burdened cost structure
- Rationalize Your Entire Application and Service Portfolio - Lower the cost of your application and service portfolio by identifying and eliminating duplications and underutilized applications
- Manage Business Unit Consumption - Partner with the business unit leaders to achieve their business objectives with the most cost-effective IT solution
Details
Introducing multi-product solutions
You can now purchase comprehensive solutions tailored to use cases and industries.
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Financing for AWS Marketplace purchases
Pricing
Dimension | Cost/12 months |
|---|---|
Manage up to $25M of IT spend for fixed cost; addl fees above $25M/yr | $142,800.00 |
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Refunds, cancellations, and credits are issued on a case-by-case basis.
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Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
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Standard contract
Customer reviews
Practical IT Spend Tracking with Clear Visibility for Leadership
Good App Worth Recommending
Cost transparency has transformed budgeting and forecasting and improves IT spend accountability
What is our primary use case?
Apptio Costing is one of the best and a game changer in IT financial analysis tools. In my organization, I use it for annual budgeting, monthly forecasting, and capital project tracking. I also use Apptio Costing to manage IT spend requests.
Regarding my main use case, I use Apptio Costing for cost allocation, showback/chargeback, and TCO reporting.
What is most valuable?
The best features that Apptio Costing offers include data aggregation, flexibility, support communication, dynamic reporting, ease of use, and IT reporting.
Out of those features, planning, budget, and forecasting in Apptio Costing has made the biggest difference for my team, as it helps with annual budgeting, monthly forecasting, and capital project tracking.
Loading actuals from Oracle in Apptio Costing is great.
Apptio Costing has positively impacted my organization by improving forecast accuracy, streamlining the annual budgeting process and saving a lot of time, and capturing a record of Capex spend approvals has also been improved.
My team now works roughly 40 to 65% faster as a result of the time savings from Apptio Costing.
What needs improvement?
Apptio Costing can be improved with more spend AI insights.
The user interface of Apptio Costing should be more intuitive and easy to navigate for new users.
For how long have I used the solution?
I have been using Apptio Costing for seven years.
What do I think about the stability of the solution?
Apptio Costing is stable.
What do I think about the scalability of the solution?
Apptio Costing's scalability is very good because it has continued to grow with my organization.
How are customer service and support?
The customer support for Apptio Costing is very responsive and proactive.
Which solution did I use previously and why did I switch?
Previously, I was using IBM Cloudability before switching to Apptio Costing.
What was our ROI?
I have seen a return on investment from Apptio Costing, which includes the acceleration of the planning process. The controlled environment and automation has been great, saving time and cost, while project accounting has been streamlined to reduce errors.
What's my experience with pricing, setup cost, and licensing?
My experience with pricing, setup cost, and licensing for Apptio Costing was that everything was cost-effective and affordable.
Which other solutions did I evaluate?
Before choosing Apptio Costing, I evaluated IBM Cloudability as one of the options.
What other advice do I have?
I would rate Apptio Costing as nine out of ten.
I give it a nine out of ten because it has delivered cost transparency, especially to my tech spend.
My advice to others looking into using Apptio Costing is that cost transparency and TCO for the product and platform model that I was unable to achieve previously has now been accomplished. Apptio Costing is a wonderful product for TBM implementation, which also needs a few enhancements to meet current industry standards.
Apptio Costing is a great tool for allocating cost to business units and great for transparency, especially in IT spend and IT tech spend.