Bellevue, WA, May 31, 2019 â Apptio, Inc., software that fuels digital transformation, today announced that it has completed the acquisition of Cloudability, Inc., the market leader in multi-cloud financial management. Apptio Cloudability Cloud Cost Management Tools Product Offered Table 109. Cloudabilty, which was founded in 2011, is set to be acquired by Bellevue, Wash.-based Apptio Inc., itself a software firm that specializes in machine learning. Cloudability is the market leader in multi-cloud financial management and FinOps, serving hundreds of customers around the globe. With more than 20 years of financial and operational management experience, Kurt has led Apptio through key milestones and achievements, which include raising $136M in venture capital, taking the company public in 2016 with a $110M IPO, executing a $144M convertible note offering in 2018 and closing an acquisition deal with Vista … Apptio Cloudability Received Top Score in Cloud Forecasting Criterion and Highest Scores Possible in Billing and Performance Criteria. Published: 12 Nov 2018. Product Manager. Legal Name Cloudability Inc. Company Type For Profit. Funding Rounds. The Technology Business Management (TBM) Executive Primer is a short 2-hour introduction to the TBM Council’s framework of disciplines and value conversations for improving IT’s contribution to business performance.The course is designed for senior leaders who want to expand their business acumen and learn how forward-thinking CIOs from companies like AIG, … In July 2019, Red Ventures implemented Apptio Cost Transparency, a software-as-a-service solution purpose built for technology leaders and available in AWS Marketplace, to inform migration decisions and Apptio Cloudability (Cloudability) to allocate and govern cloud costs. Apptioâs largest acquisition to date was in 2018, when it acquired Digital Fuel SV for $43M. Apptio to acquire Cloudability Apptio has revealed its intention to acquire Cloudability, which provides multi-cloud financial management. Maintained 90%+ RI Coverage to run their infrastructure at the lowest rate possible Saved $5 million enterprise- The two companies have also entered into a Strategic Collaboration Agreement focusing on the marketing and distribution of Apptioâs Cloudability and Hybrid Business Management applications, helping ⦠Due diligence is a key component of every successful private equity transaction. synopsis: Apptio, Inc., software that fuels digital transformation, has signed a definitive agreement to acquire Cloudability, Inc., the market leader in multi-cloud financial management and Financial Operations. Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT. Apptio Cloudability Enable IT, finance, and DevOps teams to work together to optimize cloud resources for speed, cost, and quality. Apptio's Cloudability Shift â now available in ANZ â helps companies analyse, plan, and track the financial side of public cloud migrations. Bellevue, Washington-based technology business management software company Apptio Inc is acquiring Cloudability, a Portland, Oregon company that makes software to manage public cloud spending across Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP). News ⢠Oct 30, 2020. Cloudabilityâs Financial Operations (FinOps) Platform manages more ⦠Samantha Wong. The Companyâs most targeted sectors include internet software and services (100%).. Join Mergr and gain access to Cloudabilityâs M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the ⦠... Cloudability acquired by Apptio . Cloudability recently announced that it will be acquired by Apptio, owned by Vista Equity Partners. The Companyâs most targeted sectors include internet software and services (100%). Apptio has made its first acquisition since its $1.9 billion private equity deal closed in January, snapping up Portlandâs Cloudability, which also ⦠News ⢠Dec 2, 2020. The ⦠Operating Status Active. Cloudability has acquired 5 companies of its own, including 1 in the last 5 years. Apptioâs largest acquisition to date was in 2018, when it acquired Digital Fuel SV for $43M. ... enterprise technologyâ from on-premises infrastructure and cloud services to digital products such as ApptioOne and Cloudability. 2021 Product Innovation Series - Episode IV â Apptio One Platform with Enhanced Performance. Apptio Inc., which makes software that helps companies get a tighter grip on their information technology expenses, has signed a deal to acquire Cloudability Inc., an eight-year-old startup that spec Since Apptio Inc. was acquired by a private company in January, it has grown from about 700 to 1,000 employees. Silicon Angle â Apptio helps keep cloud costs under control. Apptio, Inc., a leading provider of technology business management (TBM) solutions that help organizations analyze, plan, and optimize technology spend, today announced a suite of upgrades to its Cloudability family of products. The impact of Vista Equity Partners continues to reverberate through the Portland technology community, this time, in the form of Washington-based Apptio Inc.âs acquisition of Cloudability Inc. Cloudability has acquired 5 companies of its own, including 1 in the last 5 years.. Cloudability has acquired in 3 different US states, and 2 countries. Morning Markets: Apptio picks up Cloudability, making its 2018 acquisition pace seem less like a fluke. We are excited to announce product enhancements to Cloudability that further these efforts for Amazon EC2 by embracing scaling ⦠Acquiring Organization: Apptio Apptio is a provider of SaaS-based Technology Business Management (TBM) solutions for managing businesses in the IT field. The VMware CloudHealth acquisition provides the vendor with a needed cost management element in a fast-emerging market. The following month, Apptio opened its Kraków, Poland office. Apptio Cloudability SaaS and Cloudability Shift Provide Full Control Over SaaS Optimization and Cloud Migration Planning. Apptio is a Bellevue, ... Apptio completed the acquisition of Digital Fuel SV, LLC, a provider of IT business management (ITBM) ... ApptioOne, Targetprocess, and Cloudability. Apptio Cloudability Cloud Cost Management Tools Revenue ($ million), Gross Margin and Market Share (2019-2021E) The transaction was originally announced on May 16, 2019 and completed May 31, 2019. synopsis: Apptio, Inc., software that fuels digital transformation, has signed a definitive agreement to acquire Cloudability, Inc., the market leader in multi-cloud financial management and Financial Operations. Apptio is a provider of on-demand Technology Business Management (TBM) services. BELLEVUE, Wash., Oct. 13, 2020 â Apptio, Inc., a leading provider of technology business management solutions that help organizations analyze, plan, and optimize technology spend, today announced the acquisition of SaaSLicense, a software-as-a-service (SaaS) discovery, optimization, and management product. Financial terms of the deal were not disclosed. The other three acquisitions were Cloudability, SaaSLicense, and 7Park. Apptio Cloudability helps customers be fully informed about their cloud costs and benchmark performance, identify opportunities to optimize, and continuously improve the underlying economics of their cloud operations. Apptio revealed Thursday it had reached a deal to acquire Cloudability, a FinOps pioneer and longtime Apptio partner. Today we are proud to announce that Apptio Cloudability is the first Cloud Cost Management solution to fully support Azureâs next-generation billing framework launched in November 2020. The analysis helped to present data private equity investors would be seeking in an acquisition and to more quickly determine fit with Apptio and Vista Equity Partners. Apptio raised $96 million in a 2016 initial public offering, but in November agreed to be taken private by investment firm Vista Equity Partners as part of a ⦠BELLEVUE, WA., May 16, 2019 â Apptio, Inc., software that fuels digital transformation, today announced that it has signed a definitive agreement to acquire Cloudability, Inc., the market leader in multi-cloud financial management and FinOps, serving hundreds of customers around the globe. To learn more about using Apptio Cloudability to optimize cloud costs and resources visit: ... to Become NYSE Listed at an Implied $2.6 Billion Valuation via a Merger with ION Acquisition Corp. 1 Ltd. Apptio has acquired in 4 different US states. The Companyâs most targeted sectors include software (60%) and internet software and services (40%). Apptio aims to give IT leaders a full picture of their technology spending and announced the acquisition of Cloudability, which specialises in multi-cloud financial management and FinOps, in May. Apptio, founded in 2007, competes with the likes of Cloudability, CloudCheckr and others in the market for cloud cost management tools. Founded in 2011, Portland headquartered Cloudability provides Financial Operations (FinOps) Platform helps manage enterprises cloud spending across AWS, Microsoft Azure, and Google Cloud . Founders J.R. Storment, Jon Frisby, Mat Ellis. Job details Job type regular / permanent Full job description Job title: application developer - apptio Location: pune About barclays Barclays is a british universal bankWe are diversified by business, by different types of customers and clients, and by geographyOur businesses include consumer banking and payments operations around the world, as well as a ⦠⦠Cloudabilityâs Financial Operations (FinOps) Platform manages ⦠The impact of Vista Equity Partners continues to reverberate through the Portland technology community, this time, in the form of Washington-based Apptio Inc.âs acquisition of Cloudability Inc. Apptio, Inc., the leading provider of technology business management (TBM) solutions that help organizations analyze, plan, and optimize technology spend, today announced two new products: Cloudability SaaS and Cloudability Shift.These new offerings join Apptioâs leading cloud financial management product, Cloudability, to expand the companyâs toolset in the rapidly growing ⦠Edit Funding Rounds Section. One of the key ways Apptio supports customer efforts to maximize the business value of technology investments is through helping them take advantage of cloud-native technologies such as Kubernetes and managed services. A total of 1 acquisition came from private equity firms. Kurt is the co-founder and CFO at Apptio. Apptio, Inc. and IBM announced a collaboration to help clients improve hybrid cloud technology decision-making and drive adoption of Red Hat OpenShift and IBMâs open hybrid cloud approach. Apptio, Inc. announced that it has selected Amazon Web Services, Inc. (AWS) as the preferred Cloud Services Provider (âCSPâ) on which to run its own workloads. Cloudability Cloudability is a financial management tool for monitoring and analyzing cloud expenses across any organization. BELLEVUE, Wash., Oct. 13, 2020 â Apptio, Inc., a leading provider of technology business management solutions that help organizations analyze, plan, and optimize technology spend, today announced the acquisition of SaaSLicense, a software-as-a-service (SaaS) discovery, optimization, and management product. Founded Date Feb 1, 2011. Cloudability leverages data science, machine learning and automation to improve the unit economics and business agility of the cloud. Cloudability has been acquired by Apptio, Inc. Overview Summary On May 16, 2019, KeyBanc Capital Markets ("KBCM") successfully advised Cloudability, a market leader in multi-cloud financial management and FinOps, on its sale to Apptio, Inc., a platform that enables digital transformation. Companies with a hybrid IT strategy in place or on the drawing board should pay attention, as spend analytics vendor Apptio goes private in a whopping $1.9 billion deal. Last Funding Type Debt Financing. Cloudability leverages data science, machine learning and automation to improve the unit economics and business agility of the cloud. Phone Number (888) 968-2668. Apptio Cloudability: Apptio acquired Cloudability in May 2019. Announced Date May 16, 2019 Acquisition Type Acquisition Cloudability ranked No. About Apptio Cloudability. Apptio Apptio Cloudability 4.51 CloudCheckr CloudCheckr 20 Densify Densify 12.1.4 Flexera Flexera Optima N/A Nutanix Nutanix Xi Beam N/A Replex Replex 1.5 ... and the pace of innovation post-acquisition has notably slowed. A total of 1 acquisition came from private equity firms. Apptio said it has acquired Cloudability, which makes software that automates and optimizes public cloud spending. Apptioâs suite of applications use business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. At the time of the deal, Cloudabilityâs Financial Operations (FinOps) Platform managed more than $9 billion in enterprise cloud spending across Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. Product Manager. The Companyâs most targeted sectors include software (60%) and internet software and services (40%). 31:20. May 2019 CEO Sunny Gupta said heâs on pace to hire more than 100 others by the end of the year. It acquired ML-based cloud optimization software provider FittedCloud last October. List of Apptio 's 5 Acquisitions, including Targetprocess and Cloudability Save Search Companies Contacts Investors Funding Rounds Acquisitions People Events Schools Hubs Saved Apptio started to offer public cloud cost management capabilities with its acquisition of FittedCloud in October 2018 and, later, of Cloudability in May 2019. Apptio is a provider of SaaS-based Technology Business Management (TBM) solutions for managing businesses in the IT field. ⦠The purpose-built applications ... Their most recent acquisition was Targetprocess on Feb 11, 2021. Apptio, Inc., has completed its acquisition of SaaSLicense, a software-as-a-service (SaaS) discovery, ... to manage their SaaS spend as efficiently and effectively as they are able to manage their IaaS and PaaS spend via our Cloudability offering. Apptio was acquired by Vista equity partners on 10th January 2019 at the cost of USD $1.94 billion. Apptio & Cloudability. For more information about Apptio Cloudability, visit AWS Marketplace. Apptio announced its first certified solution and integration with ServiceNow in July 2021. Apptio Cloudability Details, Company Type, Cloud Cost Management Tools Area Served and Its Competitors Table 108. With this acquisition, Apptio meets this critical customer need and extends our industry-leading capabilities that enable comprehensive visibility, analysis, optimization, and ⦠Cloudability's software provides real-time information about billing, rate and utilization of cloud services. Alex Wilhelm alex. Published: 12 Nov 2018. 63 on the GeekWire 200 when it was acquired by Bellevue, Wash.-based Apptio. Subscribe to the Crunchbase Daily. Apptio is quite familiar with the merger and acquisition space. BELLEVUE, Wash., and ARMONK, N.Y., Oct. 12, 2021 â Apptio, Inc., a leading provider of technology business management (TBM) SaaS applications, and IBM, today announced a collaboration to help clients improve hybrid cloud technology decision-making and drive adoption of Red Hat OpenShift and IBMâs open hybrid cloud approach. rightsizing recommendations are available for aWs (eBs and ec2), azure (sQL and vMs), and GcP (Gce). Apptio CEO Sunny Gupta ... PR Newswire â Apptio Announces Cloudability Product Enhancements to Empower Organizations to Maximize the Value of Their Cloud Strategy . Though still in its early days, Gupta said the combination has been âphenomenal,â fueling a ⦠BELLEVUE, Wash., May 31, 2019 /PRNewswire/ -- Apptio, Inc., software that fuels digital transformation, today announced that it has completed the acquisition of ⦠//Musicofdavidbowie.Com/What-Is-Cloudability-Used-For/ '' > Apptio < /a > about Apptio Cloudability is the market for cloud cost management.. 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