What is our primary use case?
Apptio Costing is used primarily for IT budgeting and forecasting, for both departmental operating expenses and project financial categories, many of which are internally tracked and critical for our IT leaders.
Apptio Costing has made our lives much easier by allowing us to easily adjust the budget and incorporate changes on the fly, showing management the immediate effect of business changes. This capability has proven to be very useful.
Apptio Costing is deployed in my organization using a public cloud, and I purchased it through the AWS Marketplace.
What is most valuable?
Apptio Costing is a flexible system that adapts to our needs to accurately track costs.
Some of the best features Apptio Costing offers include supporting frequent updates that add new integrations, features, and tools to further enhance our marketing and capabilities.
Apptio Costing positively impacts my organization as it is a good financial accounting system that was perfectly designed for multi-user LAN environments, with improved integration with financial applications.
Apptio Costing provides IT leaders with operational details tied to the financials, indicating how much we are spending on projects versus what we think we are spending.
Improvements have been seen in procedures, particularly in our forecast system, which improved from almost four weeks to an estimated total of five days. I have seen a return on investment with Apptio Costing, as it provides a seamless way of managing our cloud costs, and having all data organized in one place facilitates significant financial transparency and planning.
What needs improvement?
One way Apptio Costing can be improved is that data linking has been a limitation for any organization when integrating with other applications like Snowflake or ERP.
The user interface should be improved to be more user-friendly, easy to navigate, and customizable.
For how long have I used the solution?
I have been using Apptio Costing for the past five years.
What do I think about the stability of the solution?
Apptio Costing is very stable.
What do I think about the scalability of the solution?
Apptio Costing is very scalable and grows with my organization's needs.
How are customer service and support?
The customer support is professional and responsive; during our initial setup, they made the process quite easy and we experienced quick implementation.
How would you rate customer service and support?
Which solution did I use previously and why did I switch?
I previously used IBM Planning Analytics. The reason I switched from IBM Planning Analytics to Apptio Costing is that it has more powerful visibility into IT spending compared to IBM Planning Analytics.
How was the initial setup?
Regarding my experience with pricing, setup cost, and licensing, I found it to be very cost-effective and easy to set up.
What about the implementation team?
My company has a business relationship with this vendor as a customer.
What was our ROI?
I have seen a return on investment with Apptio Costing, as it provides a seamless way of managing our cloud costs, and having all data organized in one place facilitates significant financial transparency and planning.
What's my experience with pricing, setup cost, and licensing?
Regarding my experience with pricing, setup cost, and licensing, I found it to be very cost-effective and easy to set up.
Which other solutions did I evaluate?
Before choosing Apptio Costing, I evaluated other options, including Microsoft Power BI.
What other advice do I have?
Apptio Costing gives comprehensive visibility into IT expenditures and excels in offering actionable insights that fuel cost optimization and enable me to make data-driven decisions easily. I would recommend Apptio Costing to others looking into using it, as its insights allow for easy data-driven decision-making. I rate Apptio Costing an eight out of ten.
Which deployment model are you using for this solution?
Public Cloud
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Amazon Web Services (AWS)