Apptio, the leading provider of Technology Business Management (TBM) solutions is partnering with local Thai companies to promote the IT Financial Management solution, TBM in Thailand. Apptio’s TBM solutions help organizations to analyze, plan and optimize technology investments. The solutions consist of a powerful, cloud-based platform and a suite of SaaS applications: Cost Transparency, IT Benchmarking, Business Insights, Bill of IT and IT Planning. Apptio’s solutions are currently being used by 60% of Fortune 100 companies in the world.
To discuss the importance of implementing a disciplined cost optimization strategy for effective cost reduction across the organization to support Digital Transformation after the Covid-19 crisis, Apptio organised a webinar with Suvitech, one of their partners in Thailand. Suvitech is a Board of Investment (BoI) registered new generation Enterprise ICT & IoT solutions provider in Thailand. It is focused on providing large commercial enterprises and Government customers with leading edge technology solutions across industries.
The webinar discussed the benefits of TBM Best Practise and how Apptio can help Thai companies in maximizing their investment planning, optimizing applications & services, cloud infrastructure and planning their IT budget. Simon Piff, Vice President – Practice Group of IDC Asia/Pacific spoke at the webinar and mentioned that according to IDC’s survey, 41.2% of the participated organizations have increased IT technology investment this year. In the IDC Public Cloud Services Tracker 2019H2 Forecast report, Thailand is estimated to have 14% cloud growth in compound annual growth rate (CAGR) 2020-2024.
In Thailand, Apptio’s IT Financial Management solution — TBM will assist organizations, CIOs and IT officers with data-driven investment decisions backed by visibility into total IT costs. Together with local partners, Apptio will also help companies in providing a controlled cost optimization strategy to reduce costs and fund additional projects.
“Apptio is thrilled to introduce our market leading Technology Business Management (TBM) enablement solutions to the Thai market. It’s now more critical than ever that CIOs and Technology Leaders ensure that spending on IT is fully supporting their Board’s business objectives, and non-critical spend is cut, that the “Cloud” is used optimally, and that innovation is fostered in their organizations to build lasting competitive advantage in the new expanded digital world that will emerge post-Covid19. We look forward to bringing best practice learnings from over 1,200 leading enterprise and government customers from across the globe and the Asia Pacific region over a period of more than 13 years.” said Owen Gan, Apptio’s VP of Southeast Asia.
“We are pleased to collaborate with Apptio in Thailand. Because of the pandemic, we see that many organizations are investing their resources in transforming their businesses digitally. Apptio is the leader in helping businesses understand how IT costs contribute to their organizations’ growth and is bringing TBM to the market. Suvitech will be cooperating with leading universities in the country for executive training courses in TBM.” said Phairoj Jatanachai, Head of Products, Solutions & Partnerships Division, Suvitech.