The EY organization is expanding its collaboration with IBM to leverage software from Apptio, an IBM Company.
EY strategy and consulting experience, used in concert with Apptio software, can help enable organizations to focus their resources on their strategic priorities at all levels of the organization, according to the vendor.
Two new solutions, with another expected later this year, bring together the EY organization’s deep industry experience across tax, corporate transactions, it financial management and cloud FinOps with Apptio’s powerful tools and insights to help customers effectively manage through the complexities of enterprise technology spend.
These new solutions include:
EY Agile Planning and Portfolio Management: To help organizations realize value from their IT investments and resources, the EY organization, with support from IBM, has developed an integrated tooling, process, and governance solution to better plan, budget, deliver, and monitor strategic outcomes across product and portfolios. With methodologies currently in use by banking and financial services industry clients, the solution can help unlock IT capacity and redirect resources to priority technology investments in cyber, artificial intelligence (AI) and other emerging technologies.
EY Cloud FinOps and Apptio Recommendation Engine: A new EY solution leveraging Apptio in cloud cost and operations management together can help clients right-size cloud investments, improve cost and operational transparency, and establish and track targets for sustainable consumption of cloud resources.
IT cost modeling for transactions: Expected to launch in the fourth quarter of 2024, this solution will combine EY market-leading services in Strategy and Transactions, and Technology Transformation with Apptio Costing technology in a platform to model and manage transactions, transition services agreements, and post-transaction transformation programs for corporate separations, large-scale mergers and private equity firms. The solution is expected to help reduce manual reporting efforts and improve visibility over large-scale transaction activities.
“Apptio’s innovations deliver technology business management and cost transparency. Collaborating with the EY organization’s experience in Strategy and Transactions, FinOps and cost excellence, these solutions can help clients seeking to get the most value from their enterprise spend,” said Henrik Nilsson, Global VP of partner sales, Apptio, an IBM Company.
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