October 26, 2016 7:39 PM ET

Internet Software and Services

Company Overview of Apptio, Inc.

Company Overview

Apptio, Inc. provides cloud-based technology business management (TBM) solutions to enterprises. Its cloud-based platform and SaaS applications enable IT leaders to analyze, optimize, and plan technology investments, and to benchmark their financial and operational performance against peers. The company’s TBM solutions consist of adaptive data management, which aggregates, cleanses, and correlates large amounts of customer data from various sources; and standard IT operating model and taxonomy that provides a standard model for how IT costs are captured, categorized, and allocated to IT services and business services. Its solution also comprises visual modeling, which allows users to build a...

11100 NE 8th Street

Suite 600

Bellevue, WA 98004

United States

Founded in 2007

694 Employees



Key Executives for Apptio, Inc.

Co-Founder, Chief Executive Officer, President and Director
Age: 46
Total Annual Compensation: $300.0K
Co-Founder and Chief Financial Officer
Age: 42
Total Annual Compensation: $244.0K
Executive Vice President of Corporate Development, General Counsel and Secretary
Age: 46
Total Annual Compensation: $235.4K
Compensation as of Fiscal Year 2015.

Apptio, Inc. Key Developments

Apptio Announces Addition of Erez Yarkoni, Executive Vice President of Strategy

Apptio announced the expansion of the company's leadership team with the addition of Erez Yarkoni, executive vice president of strategy. Yarkoni will report directly to Apptio CEO, Sunny Gupta. In his new role at Apptio, Yarkoni will be responsible for expanding the company's corporate strategy function. He'll focus on listening, gathering and codifying customer and prospect business requirements and then developing strategies for Apptio to further expand the company's offerings and footprint into the next one thousand customers. Prior to Apptio, Yarkoni was the CIO and Group Managing Director at Telstra.

Apptio, Inc.(NasdaqGM:APTI) added to NASDAQ Composite Index

Apptio, Inc. has been added to Nasdaq Composite Index.

Apptio Mulls Acquisitions

Apptio, Inc. is seeking acquisitions. Apptio has filed an IPO in the amount of $75 million. Apptio intends intend to use a portion the net proceeds to expand its current business through acquisitions of or investments in other complementary businesses, technologies, or other assets.

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