Case Study: Micron eliminates budget variance and improves IT forecasting with Apptio

Micron cuts CapEx underspend from 20–30% to 1% with Apptio

The technology company Micron faced significant IT financial management challenges, including a lack of budget transparency, chronic capital expenditure (CapEx) underspending of 20-30%, and siloed data across its global operations. To transform its IT culture and gain control over spending, Micron's CIO established a Technology Business Management (TBM) office and turned to the vendor Apptio for its TBM platform.

Implementing Apptio's out-of-the-box solution rapidly, Micron gained unified visibility into IT finances, enabling cost center managers to track spending in near real-time. This self-service automation simplified budgeting and forecasting cycles. As a direct result, Apptio helped Micron dramatically reduce its budget variance, tracking CapEx spending to within 1% of forecast, effectively eliminating annual underspend and fostering a more accountable and innovative IT culture.

Micron