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Apptio Advances IT Cost Management Tool

Every IT shop wants to save costs, including storage costs. But it's not always easy to figure out an effective strategy unless you know what you're already spending and how your plans could affect future payouts.

Enter Apptio, a Bellevue, Wash., startup that says it's got the key. Founded in 2007 and backed in part by entrepreneur and Netscape co-founder Marc Andreessen, Apptio has emerged from stealth with a modeling, analytics, and reporting package it claims offers "IT accountability." Offered as a software as a service (SaaS), Apptio's product itemizes the expenses associated with specific resources, such as storage, services, operations, networking, product capital, software, servers, support, and the like, as depicted in the screen shots below:

Figure 1:

Source: Apptio

Figure 2:

Source: Apptio

Apptio's SaaS offering has a few options and an annual subscription fee price model. Unfortunately, actual pricing won't be disclosed until the service is more widely rolled out over the next few months.

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