Seattle Business Magazine and Geekwire Select Apptio as Startup of the Year in Inaugural IT Awards
Seattle, Wash. – November 1, 2011 – Apptio, the leading provider of on-demand Technology Business Management (TBM) solutions, today announced that the company was selected as Startup of the Year by Seattle Businessmagazine, GeekWire and the Society for Information Management. This award comes on the heels of an already historic year for Apptio, as the company was the recipient of eight awards throughout 2011 including the VentureWire FASTech 50, TiE50 and AlwaysOn Global 250.
“Apptio’s mission is practically biblical, as in, ‘physician, heal thyself.’ While IT systems help the rest of the company control costs and performance, few tools let IT departments analyze their own operations,” said Gianni Truzzi, journalist at Seattle Business magazine. “After only three years, Apptio has generated tens of millions of dollars in sales and counts several Fortune 1000 companies among its more than 60 customers, including Facebook, Bank of America, Boeing and JPMorgan Chase. Its bookings have grown 300 percent over the past year and the company boasts more than $62 billion of IT spending under management.”
The inaugural IT Awards recognize the developers, engineers, executives, innovators and backroom geeks who make sure businesses stay in business. From dozen of nominations, Seattle Business magazine judges selected 14 companies and individuals for recognition in the first Seattle Business magazine IT Awards.
Apptio and other winners from the awards program were recognized in the November issue of Seattle Business magazine, available in print and online at http://seattlebusinessmag.com/issue/november-2011.
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.
Barokas PR for Apptio