LAS VEGAS, Nov. 7, 2018 /PRNewswire/ -- Apptio, Inc.
(NASDAQ: APTI), the business management system of record for Hybrid
IT, today introduced a new product to help technology leaders make
more informed decisions around labor investments, team productivity
and labor capitalization. This is the first offering in a financial
governance vision to align Agile investments with business
strategy, track value delivery and optimize labor investment.
Apptio® Agile Insights is a SaaS solution that provides a unique
combination of financial and execution analytics to measure value
delivery, cost of quality and labor utilization.
While Agile as a development methodology has existed for many
years, organizations are at various stages of maturity in shifting
from a project to product mindset. Agile adoption is on the rise,
but most organizations haven't yet been able to highlight the
impact this has on their IT spend or the overall value to the
business. Gartner's "Agile in the Enterprise" survey found that 87%
of organizations are still using the annual budgeting process to
fund Agile investments, and only 20% are tracking cost by Agile
techniques, and using them to track labor
capitalization.1
"Agile is one of the reasons TBM [Technology Business
Management] has been successful and important to us," said
Wayne Shurts, Sysco's executive vice
president and CTO. "It's just a matter of knowing where our money
is going, and then being able to find out, 'Is that the best place
to spend? Is there a better way to do that?' That is what has
resulted in savings."
With Agile Insights, technology leaders can analyze cost and
utilization of Agile development resources by integrating financial
information with work execution information from Agile Application
Lifecycle Management systems (Agile ALM). Agile Insights provides
technology leaders with KPIs and trends for agile execution, views
that relate agile team activity with cost and delivery and
analytics showing progress toward the transition to Agile. With
this insight, businesses can optimize labor investments, improve
team productivity and inform labor capitalization decisions.
"Businesses today are under tremendous pressure to deliver
higher quality products at a faster pace than their competitors. To
address this pressure, many organizations are adopting Agile as a
solution," said Theo Beack, Apptio's
EVP of Products and Engineering. "However, when we talk to
customers, we often hear about the challenges with Agile in
tracking value delivered and maintaining alignment with business
priorities. Agile Insights helps ensure Agile investments are
optimized and remain connected with business outcomes."
Apptio Agile Insights is in an Early Adopter program that will
be made generally available in early 2019. For more information,
please visit:
https://apptio.com/solutions/initiatives/devops-agile
About Apptio:
Apptio (NASDAQ: APTI) is the business management system of
record for hybrid IT. We transform the way IT runs its business and
makes decisions. With our cloud-based applications, IT leaders
manage, plan and optimize their technology investments across
on-premises and cloud. With Apptio, IT leaders become strategic
partners to the business by demonstrating value of IT investments,
accelerate innovation and shift their technology investments from
running the business to digital innovation. Hundreds of customers
choose Apptio as their business system of record for hybrid IT. For
more information, please visit www.Apptio.com.
© 2018 Apptio, Inc. All rights reserved. Trademarks and logos
are the property of their respective owners.
Forward-looking Statements:
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the meaning of the Private Securities Litigation Reform Act of
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Forward-looking statements include all statements that are not
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reflect our current views about future events and are subject to
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statement. Although we believe that the expectations reflected in
the forward-looking statements are reasonable, we cannot guarantee
future events, results, actions, levels of activity, performance or
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these forward-looking statements. A number of important
factors could cause actual results to differ materially from those
indicated by the forward-looking statements, including, but not
limited to those factors described in the "Risk Factors" section of
our most recent Annual Report on Form 10-K as updated in our
subsequent Quarterly Reports on Form 10-Q filed with the Securities
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obligation to update these forward-looking statements publicly, or
to update the reasons why actual results could differ materially
from those anticipated in the forward-looking statements, even if
new information become available in the future.
Any unreleased services or features referenced in this press
release are not currently available and may not be delivered on
time or at all. Customers who purchase our services should make the
purchase decisions based upon features that are currently
available.
PR Contact:
Ali
Shaffer
Apptio, Inc
pr@apptio.com
1 Gartner IT Sourcing, Procurement, Vendor &
Asset Management Summit Presentation, Agile Financial Governance:
What Changes, What Doesn't, Jim
McGittigan, September 2018
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SOURCE Apptio