Cost Saving Technology that works
Updated October 25, 2023

Cost Saving Technology that works

Kristine Klein | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Software Version

ApptioOne

Modules Used

  • Cost Analytics (formerly Cost Transparency)
  • Planning and Budgeting (formerly IT Planning)
  • benchmarking
  • Bill of IT
  • Public Cloud
  • Vendor Insights

Overall Satisfaction with ApptioOne

We use IT Planning for Budgeting and Forecasting. We are in our first year of Showback for BOIT. This involves resources allocation review, AWS cost allocation, and application and other expense allocation to BOIT. We look at Vendor Spend, Contracts, Asset planning, and headcount planning.

Pros

  • Budgeting at a detail level
  • Vendor insights
  • Reporting insights
  • Presenting costs to leadership
  • Contract commitments
  • Headcount planning

Cons

  • Reporting that assists in the Budget Process
  • PO analysis
We use Budgeting/Forecasting every month to review spend vs. budget and to forecast for the remaining of the year. We have added numerous custom metrics and models to show muli-plan comparisons for spend, application, assets, contracts, and labor. This has provided us with great insight for capital, headcount, and project planning. We now maintain a full list of IT Contracts and contracted spend. We utilize the modeling in ApptioOne to allocate all of these cost types through Applications and BOIT Services. We use Vendor Insights to help with our Contract renewals. We use Benchmarking to present our comparison with the industry. This has prompted discussions around grow/transform spend.
  • Reduced budget for Covid by 20%
  • Manages contract terms and renewals
  • Helped with vendor negotiations
  • Centralized and made accessible IT Cost reporting
  • Took Budgeting out of Excel Spreadsheets
  • Shows the business their IT Spend
The Support and Manage Service people have been amazing. They customize their services to assist your needs. The ApptioOne support personnel responds really quickly.
  • Cloudability
We use Vendor Insights, IT Planning, Cost Transparency, BOIT, Public Cloud, and Benchmarking. The integration of these products promotes trust with the users. We utilize the data integration of these products to streamline maintaining the application.

Do you think IBM Apptio delivers good value for the price?

Yes

Are you happy with IBM Apptio's feature set?

Yes

Did IBM Apptio live up to sales and marketing promises?

Yes

Did implementation of IBM Apptio go as expected?

Yes

Would you buy IBM Apptio again?

Yes

ApptioOne is a great tool for budgeting and forecasting. With Cost Transparency, you can see your TCO of application/service cost. BOIT helps you allocate the charges to the Business Units.

Comments

  • Reid Carlock | TrustRadius Reviewer
    Thank you for taking the time to leave us such a fantastic review! We’re happy to hear that ApptioOne has been extremely beneficial for your company and that your customer service team has been helpful. Thank you again!

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