News Coverage

CIO.com
November 23, 2016
FedEx has saved hundreds of millions of dollars by eliminating redundant applications and reorienting them in a service-oriented architecture.
CIO.com
November 17, 2016
Apptio’s founder and CEO discusses how CIOs are using its SaaS product to deliver transparency and business insights into the costs and value of technology.
InfoWorld
November 15, 2016
Four years ago, a consortium of enterprises was formed, called the TBM Council. (TBM stands for “technology business management.”) It formed around a vendor called Apptio that provided a financial tool for CIOs to understand and manage IT spend, creating what Apptio CEO Sunny Gupta calls a subledger for IT.

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Press Releases

News Release
October 03, 2016
Apptio announced the expansion of the company's leadership team with the addition of Erez Yarkoni, executive vice president of strategy. Yarkoni will report directly to Apptio CEO, Sunny Gupta.
News Release
October 03, 2016
Apptio announced the closing of its initial public offering of 6,900,000 shares of Class A common stock at a price to the public of $16.00 per share, which includes the full exercise of the underwriters' option to purchase 900,000 additional shares. The company estimates net proceeds from the offering to be approximately $99.4 million, after deducting underwriting discounts and commissions and estimated offering expenses. The shares began trading on the NASDAQ Global Market under the ticker symbol "APTI" on September 23, 2016.
News Release
September 22, 2016
Apptio, Inc. (NASDAQ: APTI), the leading provider of cloud-based Technology Business Management (TBM) software, today announced the pricing of its initial public offering of 6,000,000 shares of Class A common stock at a price to the public of $16.00 per share. In addition, Apptio has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock at the initial public offering price. Apptio's Class A common stock is expected to begin trading on the NASDAQ Global Market under the symbol "APTI" on September 23, 2016. The offering is expected to close on September 28, 2016, subject to customary closing conditions.

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