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Apptio Named "Bronze Sponsor" of @CloudEXPO | @Apptio #HybridCloud #Cloud #CIO #AI #MachineLearning #DeepLearning
Apptio fuels digital business transformation., technology leaders use Apptio's machine learning tools
By: Liz McMillan
May. 6, 2019 12:00 AM
Apptio fuels digital business transformation. Technology leaders use Apptio's machine learning to analyze and plan their technology spend so they can invest in products that increase the speed of business and deliver innovation. With Apptio, they translate raw costs, utilization, and billing data into business-centric views that help their organization optimize spending, plan strategically, and drive digital strategy that funds growth of the business. Technology leaders can gather instant recommendations that result in up to 30% saving on cloud services. For more information, please visit www.Apptio.com.
Apptio's software uses machine learning to translate technology costs across the entire IT portfolio (including on-premises systems, vendors, projects, and cloud systems) into a holistic, business-centric view. Customers leverage this view to set future targets, measure business results and drive investment decisions.
Customers begin to see value with Apptio in as little as 5 hours and gain full visibility into all foundational elements of IT in 30 days. On average, Apptio can reduce cloud costs by more than 30%, and the average Apptio customer saves more than 18% per year with financial management.
Apptio, software that fuels digital transformation, introduces Apptio® Federal Insights, a free application designed to help federal agency leaders align IT resources, reduce risk and drive value to maximize mission objectives. Apptio analyzed publicly available IT spending data from approximately 90 federal agencies totaling more than $74 billion in fiscal year 2018, finding less than two percent ($858 million) was dedicated to the cloud. This level of spending is a sharp contrast to private sector organizations who are allocating up to 30 percent of their budget to cloud computing.
In the move to modernize, many agencies are embracing cloud infrastructure and SaaS solutions to quickly provide valuable technology services to their mission constituents. Shifting from legacy, on-premises applications and storage is changing the way federal agencies are investing. According to Apptio's analysis, key trends in federal technology spending include:
Federal agency cloud spending is well below private-sector averages: According to the 2018 IDG Cloud Computing study, private sector companies allocated 30 percent of IT budgets to the cloud in 2018. Based on Apptio's analysis, spending in federal agencies falls far below that at average, representing two percent of all costs. The Small Business Administration is the highest agency spender on cloud at 7% of their budget, while the Department of Energy and Labor are coming in at only 0.1% of spend.
Vendors are driving technology spending: The Apptio analysis also reveals that more than $2.5 billion of the technology spend is tied to specific IT vendors. The highest vendor contract in 2018 was awarded to Insight Public Sector, totaling more than $624 million across 35 agencies with services provided by multiple vendors, including:
Additionally, Microsoft alone accounts for almost $1.3 billion across all contracts, with $113 million dedicated to Adobe.
Designed specifically for IT and finance leaders at federal agencies, Apptio Federal Insights applies machine-learning to publicly available data sets including the Federal Procurement Data System sourced through USASpending.Gov, FedScope and the Federal IT Dashboard. Apptio's analysis delivers a 360-degree financial view of an agency's historic technology spending. With this insight, agency leaders are armed with:
"Apptio's decision to build a readily accessible free application, using publicly available data, will give federal agencies tremendous insight into where their IT dollars are being spent," said Adam Mcllwain, Senior Manager of SIE Consulting Group. "As a strong proponent of the TBM taxonomy, SIE Consulting Group has consistently fought to help our federal customers modernize their technology infrastructures. Using sophisticated machine learning capabilities, Apptio's investment in this analytics tool will kickstart agencies pursing TBM implementation and accelerate the tremendous benefits of achieving robust cost transparency."
"Because many agencies are using tools and processes that are not purpose-built to manage the complexity of IT, there is an excessive amount of unvalidated data throughout federal agencies," said Bob Carter, VP of Public Sector and Operations at Apptio. "That is why it is crucial for agencies to apply a set of foundational rules through TBM and Apptio to gain insights, validate data and support their digital transformation journey while making strategic business decisions."
Apptio is the leading provider of Technology Business Management (TBM) software that automates the collection and analysis of technology spending data across the public and private sector. Powered by machine-learning, Apptio's software provides visibility and actionable insights so that federal finance and technology professionals can make informed decisions about key strategic investments. Apptio Federal Insights is now available as a free application for employees of federal agencies through select partners. For more information, please visit: https://info.apptio.com/Federalinsights
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throughout enterprises of all sizes.
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CloudEXPO Has Been the M&A Capital For Cloud Companies
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City.
Our Silicon Valley 2019 schedule will showcase 200 keynotes, sessions, general sessions, power panels, and hands on tutorials presented by 150 rockstar speakers in 10 hottest conference tracks of 2019:
CloudEXPO Silicon Valley 2019 Show Prospectus ▸ HERE
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CloudEXPO is the single event where technology buyers and vendors meet to experience and discus cloud computing and all that it entails. For more than a decade, sponsors and exhibitors of CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities through our following unique tools. For more information on sponsorship, exhibit, and keynote opportunities call us at 954 242-0444 or contact us ▸ Here
FinTech and Blockchain Are Now Part of CloudEXPO 2019 Program
Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expensive intermediate processes from their businesses.
Accordingly, attendees at the upcoming 23rd CloudEXPO, June 24-26, 2019 at Santa Clara Convention Center in Santa Clara, CA will find fresh new content in full new FinTech & Enterprise Blockchain track.
ServerlessSUMMIT & Kubernetes at CloudEXPO Silicon Valley
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility.
Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility.
Serverless and Kubernetes are great examples of continuous, rapid pace of change in enterprise IT. They also raise a number of critical issues and questions about employee training, development processes, and operational metrics.
DevOpsSUMMIT at CloudEXPO Celebrates Its 12th Event in Six Years
Cloud-Native thinking and Serverless Computing are now the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, as well as the public sector.
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
ServerlessSUMMIT and DevOpsSUMMIT at CloudEXPO expands the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike.
There's a real need for serious conversations about Serverless and Kubernetes among the people who are doing this work and managing it.
The graph represents a network of 1,329 Twitter users whose recent tweets contained "#DevOps", or who were replied to or mentioned in those tweets, taken from a data set limited to a maximum of 18,000 tweets. The network was obtained from Twitter on Thursday, 10 January 2019 at 23:50 UTC.
DXWorldEXPO Showcases Cutting-Edge IoT, Artificial Intelligence, Machine Learning, and Digital Transformation
Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation. DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy.
DXWorldEXPO® has organized these issues along 10 tracks, 22 keynotes and general sessions, and a faculty of 222 of the world's top speakers.
DXWorldEXPO® has three major themes on its conference agenda:
Technology - The Revolution Continues
Global 2000 companies have more than US$40 trillion in annual revenue - more than 50% of the world's entire GDP. The Global 2000 spends a total of US$2.4 trillion annually on enterprise IT. The average Global 2000 company has US$11 billion in annual revenue. The average Global 2000 company spends more than $600 million annually on enterprise IT. Governments throughout the world spend another US$500 billion on IT - much of it dedicated to new Smart City initiatives.
For the past 10 years CloudEXPO® helped drive the migration to modern enterprise IT infrastructures, built upon the foundation of cloud computing. Today's hybrid, multiple cloud IT infrastructures integrate Big Data, analytics, blockchain, the IoT, mobile devices, and the latest in cryptography and enterprise-grade security.
Digital Transformation is the key issue driving the global enterprise IT business. DX is most prominent among Global 2000 enterprises and government institutions.
About DXWorldEXPO LLC
DXWorldEXPO LLC is a Lighthouse Point, Florida-based trade show company and the creator of DXWorldEXPO - Digital Transformation Conference & Expo. The company produces and presents the world's most influential technology events including CloudEXPO, DevOpsSUMMIT, and FinTechEXPO.
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