Case Study: a financial services company overcomes cloud cost challenges with Apptio Cloudability

Financial Services Company manages over $200 million in cloud spend with Apptio

A financial services company faced significant challenges managing its rapidly growing public cloud program, with usage doubling year-over-year and monthly bills exceeding 100 million lines. Using a manual, spreadsheet-based process, the company struggled to gain cost transparency, provide accurate chargebacks to its business units, and optimize its multi-cloud environment. To address this, they partnered with vendor Apptio to implement its Cloudability solution and establish a new FinOps operating model.

By adopting Apptio Cloudability, the company replaced its ineffective spreadsheets with a robust cloud cost management platform. This provided detailed cost transparency, enabled deep-dive optimization analyses, and allowed for more accurate forecasting. The results included hard savings from optimization, faster decision-making that accelerated business outcomes, and improved relationships across the organization. Apptio's solution helped the company manage over $200 million in annual cloud spend and realize benefits in customer acquisition, regulatory response times, and scalability.