Case Study: a leading insurance and financial services provider achieves 100% cloud cost allocation and 30% annual savings with Apptio Cloudability

Leading Insurance & Financial Services Provider saves 30% of cloud costs with Apptio

A leading insurance and financial services provider was undertaking a massive cloud migration but lacked the tools for cloud financial management. Their challenges included an inability to achieve complete cost allocation and chargeback using native cloud vendor tools. They selected Apptio Cloudability to gain enterprise-wide accountability and transparency for their cloud spend.

Using Apptio Cloudability, the provider implemented a comprehensive FinOps practice. This enabled 100% cost allocation and chargeback, provided teams with role-based visibility, and leveraged machine learning for Reserved Instance purchases. As a result, Apptio helped them achieve a 70% RI coverage rate and annual savings of 30% on their cloud costs.