Volkswagen Credit Discusses Best Practices for IT Budgeting Using Apptio

Apptio Also Tapped to Present at the World of IT Financial Management Conference on Managing the Finances of IT

Richmond, Va. – The World of IT Financial Management Conference – June 16, 2010 – Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that Usman Ghani, manager of IT finance at Volkswagen Credit, Inc., and Michel Feaster, vice president of products at Apptio will present proven strategies and best practices for managing IT finances at the World of IT Financial Management Conference on June 23-24, 2010 in Richmond, Va.

At the conference, Apptio and VW Credit will share first-hand knowledge on how to most effectively manage the finances of IT and better align IT initiatives with overall business goals. Ghani and Feaster will present at the following sessions:

IT Budgeting Process at Volkswagen Credit

When: Thursday, June 24 from 8:00 a.m. – 8:45 a.m. EST
Host: Usman Ghani, VW Credit
About: Volkswagen Credit used to manage IT finances using a spreadsheet-based process. This year the company is implementing a new method for budgeting based on Apptio’s Technology Business Management solution. In this session, Ghani will share VW Credit’s comprehensive IT finance process, differences between the old and current methods of budgeting, lessons learned, challenges, etc.

IT Financial Management – Shoes for the “CIO” Cobbler

When: Wednesday, June 23 from 11:00 a.m. – 11:45 a.m. EST
Host: Michel Feaster, Apptio
About: Information Technology has been so busy supporting other departments that it is the last function to have systems that drive decisions based on ROI and an understanding of the cost structure. Learn how IT Financial Management provides IT with its own “shoes” to reduce costs while improving value to the organization.

Spreadsheet Kung Fu or Real-time Analysis? An Enterprise System for Managing IT Finances

When: Wednesday, June 23 from 4:00 p.m. – 4:45 p.m. EST
Host: Michel Feaster, Apptio
About: Would you rather spend time updating a spreadsheet and chasing down cost data, or providing the CIO with real-time analysis to help drive IT Strategy? It is time IT Finance had their own financial planning and analysis tools to provide real-time service costing, activity-based costing, collaborative service-based budgeting processes and a Bill of IT reporting system.

For more information pertaining to the World of IT Financial Management Conference, please visit http://www.itfma.com/.

About Apptio

Apptio is the leading independent provider of on-demand Technology Business Management (TBM) solutions for managing the business of IT. Apptio enables IT leaders to manage the cost, quality and value of IT Services by providing deep visibility into the total cost of IT services, communicating the value of IT to the business through an interactive Bill of IT™, and strategically aligning the planning, budgeting and forecasting processes. Apptio’s TBM solutions play a critical role in helping companies understand and drive chargeback, virtualization, cloud and other key technology initiatives. Global enterprise customers such as Bank of America, Boeing, JPMorgan Chase, Microsoft, St. Luke’s Health System, and Swiss Re rely on Apptio® products and services to reduce costs and align IT with business priorities. For more information, visit the Apptio website or the Apptio blog.

Contact:

Karli Overmier
Barokas PR for Apptio
apptio@barokas.com
206-264-8220