Case Study: Bank of Ireland reduces IT cost and complexity with Apptio

Bank of Ireland cuts IT costs by €2.5 million in year one with Apptio

Bank of Ireland, a major financial institution, faced challenges in managing the cost and complexity of its extensive IT application portfolio. Their processes were ad-hoc and lacked transparency, making objective financial decision-making difficult. To address this, they turned to the vendor Apptio to implement a more formalized Application Portfolio Management (APM) approach.

Apptio provided a detailed, data-driven view of application costs, enabling Bank of Ireland to streamline its portfolio and investment strategies. The solution delivered significant measurable impact, including a 15% reduction in the application portfolio and €2.5 million in savings in the first year. Apptio's platform also empowered better sourcing negotiations, risk reduction, and more strategic allocation of resources, extending its benefits beyond IT to finance and procurement teams.

Bank of Ireland