Apptio and 6fusion Launch Global Partnership

6fusion, the company standardizing the economic measurement of IT infrastructure and cloud services, and Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today announced they would be partnering to provide visibility into real-time usage and costs of IT infrastructure for Apptio customers to further enhance and extend existing TBM capabilities.

Customers will be able to combine 6fusion’s standards-based IT consumption infrastructure metrics and real-time metering of IT with Apptio’s leading IT financial management capabilities. The result is a significant extension of the CIO's capabilities with unparalleled IT Economic Transparency and true cost tracking based on consumption, not allocation.

The partnership paves the way for the adoption of standard industry benchmarks for IT infrastructure consumption and costs using 6fusion consumption data and Apptio TBM methodology and cost analytics. With the industry’s first standard cloud benchmarks, customers will be able to compare their spend performance, internally or externally, against the greater market ecosystem.

"6fusion and Apptio share a common vision in standardizing key metrics and management processes for today’s CIO’s to run IT organizations that deliver high business value and provide real time transparency into that value," said Rob Bissett, Head of Product Strategy at 6fusion. "Today's announcement formalizes joint value we’ve been providing to Enterprise customers and sets the foundation for even bigger value for our customers going forward."

“Apptio is excited to partner with the 6fusion team to add broad market visibility for our customers. In this era of on-demand everything, true financial transparency has never been more important.” said Stan Shull, Apptio’s VP of Business Development.

6fusion and Apptio will host a number of joint market development initiatives leading up to this October’s Technology Business Management Conference 2015. The event is hosted by the TBM Council, a nonprofit organization dedicated to helping CIOs manage their IT portfolio more like a business.

Apptio and 6fusion will also be participating in ITFM Week Chicago, April 27-29.

To learn more about 6fusion, or how you can leverage Utility financing to create economic transparency in your IT organization, please visit www.6fusion.com or email info@6fusion.com.

About 6fusion

6fusion is standardizing the economic measurement of IT infrastructure and cloud services, and providing IT economic transparency to the global market. With 6fusion’s UC6 Platform, organizations can view and manage the Total Cost of Consumption (TCC) of their business services in real time and achieve a higher level of cost optimization, forecasting accuracy and business agility.

6fusion uses a patented single unit of measure of IT infrastructure called the Workload Allocation Cube that provides a common view of IT consumption, agnostic of underlying technology or vendors. 6fusion enables baselining, benchmarking and budgeting of business service consumption across execution venues, and supports dynamic cost optimization strategies that keep pace with the realities of today’s heterogeneous, on-demand world. For more information visit www.6fusion.com

About Apptio

Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT. Apptio’s suite of applications uses business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. The purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback/chargeback, operational efficiency, and planning. Powering Apptio’s applications is a next generation, in-memory cost analytics platform that takes data directly from all financial, operational, and billing systems, and powers applications that give customers deep insight. This insight spans infrastructure, applications, and business services, both on-premises and in the cloud. Hundreds of customers, including more than a third of the Fortune 100, choose Apptio as their business system of record for IT. For more information, visit the Apptio website or the Apptio blog at www.apptio.com.