Leading technology spend and value management company, Apptio, announced the launching of Cloudability Government, a cloud financial management (FinOps) solution aimed at helping public sector organizations make data-driven decisions about cloud investments across all major cloud service providers. 

The Cloudability product family has achieved Federal Risk and Authorization Management Program (FedRAMP®) authorisation, expanding the list of Apptio’s FedRAMP-authorized solutions and verifying their secure use within all federal agencies. Cloudability Government is designed to enable planning and budget management while also intelligently optimizing funds to reduce waste and increase return on investment (ROI). 

According to Eugene Khvostov, Chief Product Officer of Apptio, the demand for effective cloud cost management capabilities has grown rapidly in every domain over the past few years, and the public sector is no exception. 

“By adopting Cloudability, government agencies gain unprecedented visibility into their cloud cost and usage, key insights to optimize cost savings, and market-leading planning capabilities.” 

The United States Secret Service (USSS) recently turned to Apptio to help create fiscal transparency, formulate and defend their budgetary position, automate reporting requirements, and reduce effort for data calls. 

By leveraging an IT Financial Management platform and the Technology Business Management (TBM) framework, the USSS achieved significant results through the improvement of processes, a centralised repository of information, and a common taxonomy that TBM provides. 

Toyan Espeut, Executive Vice President, Americas, Apptio said, “The vast majority of government agencies are facing disjointed processes to build their cloud forecasts, leaving them to rely on ad-hoc planning methods, siloed data, and ill-fitted tooling. 

“Over the past 15 years, Apptio has partnered with over 1,800 global customers to solve complex financial management challenges, so we’re motivated to share that expertise with the public sector to effectively help manage, budget, forecast, and optimize their spend.” 

The Public Sector Summit is an annual event presented by Apptio and produced by the TBM Council, focused on increasing the public sector’s understanding of and confidence in the value of their organization’s tech investments. Apptio’s Cloudability Government solution will provide government agencies with greater visibility of cloud and multi-cloud usage, and the flexibility to control their IT spend, keeping organisations on track without sacrificing performance. 

Eliza Sayon

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Eliza is a content producer and editor at Public Spectrum. She is an experienced writer on topics related to the government and to the public, as well as stories that uplift and improve the community.

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