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Apptio and KPMG Singapore join forces to give transparency to enterprise IT expenditure

Apptio and KPMG Singapore join forces to give transparency to enterprise IT expenditure

Enterprises need new IT capabilities and better financial management to optimise their costs and make better strategic decisions.

By iTnews Asia Team on Apr 22, 2021 9:36AM

Apptio and KPMG Singapore have come together to help enterprises manage their technology expenditure – by helping those enterprises undergoing digitalisation to achieve enhanced efficiency and greater transparency into their IT costs across all business units.

“The role of the CIO has evolved to that of a strategic partner to the business, and managing costs is a key part of that role,” said Juvanus Tjandra, Partner at KPMG in Singapore.

“Yet enterprises often lack oversight into the minutiae of IT spend, how it correlates to the services delivered, or how to derive value from IT services. Our partnership with Apptio has helped businesses make informed decisions and better optimise their technology investments.”

Apptio found that many enterprises feel pressure to reduce their IT spend, with as many as 63% of those surveyed stating that they need new IT capabilities and better financial management to optimise their costs and make better strategic decisions.

A new framework

While KPMG provides the strategic counsel on cost flow management across an organisation’s IT infrastructure, together with Apptio’s solutions, enterprises can build a digitally capable organisation able to manage its technology costs and implement digital-first strategies.

Through the implementation of the Technology Business Management (TBM) framework, technology and business leaders acquire the transparency and actionable insights needed to drive business value.

“The TBM framework with Apptio’s solutions combine to help CIOs build trust within their teams, organisation, and customers,” said Craig Wishart, CIO, KPMG Australia and Head of ASPAC Technology Services Group at KPMG, and Executive Advisory Board Member for the TBM Council.

“Credibility is strengthened through service cost and investment transparency. More than ever, technology and business leaders have to traverse technology, operations and finance with confidence, and thus with Apptio. IT leaders can build a clear path with well understood T&Cs – that is, trust and credibility.”

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