Overview
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Apptio product screenshot
IBM Apptio product screenshot
Purpose-built for technology leaders, IBM Costing delivers a clear, easy-to-understand view of an organization's diverse and evolving tech costs, facilitating impactful discussions across the business and driving informed decisions in a rapidly changing tech landscape. IBM's industry-leading allocation strategies tackle the difficult task of bringing together financial and operational data into a common, centralized framework, providing transparency on key spend drivers tied to business priorities, enabling leaders to focus on business outcomes and the value of each dollar spent, rather than chasing down data or constantly updating spreadsheets. This information can be used balance and rationalize the portfolio and then reinvest the savings into growth projects. Costing enables IT, Technology and Finance leaders to speak the language of the Business partner and with them optimize tech investments and fund digital transformation. IBM Costing is FedRamp certified.
Highlights
- Quickly and easily allocate IT costs to business units, services or applications
- Provide consumption-based allocations to the organization
- Identify cost savings and optimization opportunities - Optimize application costs - Rationalize your portfolio
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Pricing
Dimension | Description | Cost/12 months |
|---|---|---|
Costing Standard $0-$25M | Manage up to $25M of IT spend for fixed cost; addl fees above $25M/yr | $110,040.00 |
Costing Essentials $0-$25M | Manage up to $25M of IT spend for fixed cost; addl fees above $25M/yr | $80,040.00 |
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Customer reviews
"Powerful Solution for IT Cost Transparency and Financial Management"
Cloud spending has dropped while one dashboard now shows clear usage insights
What is our primary use case?
I use Apptio Costing in two different ways: one, to optimize the costs of cloud tools like AWS , Microsoft Azure , and Google Cloud ; and then alongside, I also use the solution to understand what is really happening, for example, to get alerts from those cloud tools right from Apptio Costing .
I integrate with AWS and then I integrate with Google Cloud ; Apptio Costing is going to read how we use the cloud and then it is going to let us know exactly the features we do not need anymore and then the features we need more. The features we do not need anymore, we refuse to use them and that saves us more costs.
What is most valuable?
The best features Apptio Costing offers for me include what we call the user interface, which is really professional, helping our team to get a lot of things from one dashboard, for example, the total spend, and then the visual charts that show how analytics goes, and secondly, I also love the support team; they are really very supportive, responding to technical questions on time and they are available 24/7.
I find the cards more interesting in the user interface; for example, you can see exactly the total amount you always spend, where you always spend more, for example, the Opex, the Capex, so you get more insight to know exactly where you spend more in a visual.
Apptio Costing has impacted us positively by reducing the costs; we have reduced the cost by 31% because we no longer use every feature we find; we only use the features that are more important to our business.
It is over a specific period that I measured that 31% reduction; before using this solution, Apptio Costing, we were using more costs on clouds but using Apptio Costing has helped us to exactly extract what features we need to use and how to, and really that has saved us more costs because we no longer pay for what we do not use.
What needs improvement?
I think Apptio Costing can be improved in a few areas; the first one is the analysis because it takes a lot of time to automate and ingest what we call the financial and operational projections, and sometimes the given value is invalid, so that one needs more improvement so that the projection analysis is always accurate and that is going to save more people a lot of time and being aware of what the cost is going to be; another thing would be support language, for example, they only offer support in the English language, which sometimes can be hard for non-English speakers.
I think the second would be integration; currently, Apptio Costing supports a few tools like Azure , AWS, and Google Cloud, yet there are other more tools like Digital Ocean , so they can consider adding more cloud tools like Digital Ocean in the platform or Akamai in the platform so that they can be able to use it.
For how long have I used the solution?
I have been using Apptio Costing for three years.
What do I think about the stability of the solution?
Apptio Costing is very stable, with no downtime.
What do I think about the scalability of the solution?
Apptio Costing is scalable; it grows with you when your product grows and they do not hike prices.
How are customer service and support?
Customer support for Apptio Costing is very awesome and very responsive.
Which solution did I use previously and why did I switch?
This is our first solution to use because Apptio Costing met what we were looking for; we did not change or look for any other solution to use.
How was the initial setup?
Pricing is okay; the lady that onboarded us was really more helpful in telling us what features we were looking for, so the cost is okay, the pricing is okay, the setup is okay, and the licensing is okay, very affordable, with no long-term commitments.
What was our ROI?
I have seen a 32% ROI as what we have seen as an increase.
Which other solutions did I evaluate?
I did not evaluate other options before choosing Apptio Costing.
What other advice do I have?
For anyone looking for cloud management, to know exactly what features they need to use and how long it is going to cost them, Apptio Costing is really the right tool, and if you are going into a longer term, they can even offer a discount, so that would be my advice and recommendation. I gave this review a rating of 10.
Which deployment model are you using for this solution?
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Cloud cost visibility has transformed financial planning and continues to drive 25% savings
What is our primary use case?
I use Apptio Costing to maximize IT efficiency by reducing higher costs that we were previously using, and I also use it to simplify and analyze our automation of financial operations and data.
We use Apptio Costing to analyze how we spend on cloud services, for example, Google Cloud Platform and Amazon Web Services , and it provides us a report on how we can reduce our spending, making it easier to align our financial needs towards those tools.
What is most valuable?
I appreciate the easy-to-use costing framework of Apptio Costing where you can easily understand the costs that you incur on cloud tools, and it provides a very good report on how you can optimize it, so the reports generated by the tool are very user-friendly.
What makes the reports of Apptio Costing more friendly is that they provide integration with AWS and GCP , and then it provides a report on how our bills are, what features we do not use that keep making our costs too high, and those reports can be shared with the team to ensure that we can optimize and plan efficiently towards our IT financial strategies.
Apptio Costing has helped us to save costs because we know exactly what takes more and what we don't use, so we end up saving a lot of money.
What needs improvement?
I think the user interface of Apptio Costing needs to be improved because when you are accessing the tool on a very small screen, you find that the user interface is very nested, so you cannot easily find the feature you want to use because they are nested together.
For how long have I used the solution?
I have used Apptio Costing for two years.
What do I think about the stability of the solution?
Apptio Costing is stable; we have not seen any downtime.
What do I think about the scalability of the solution?
Apptio Costing is scalable.
How are customer service and support?
Customer support for Apptio Costing is great; they are very responsive, respond to questions on time, and provide solutions.
How was the initial setup?
Pricing for Apptio Costing is fair; they even give a free trial to test the tool if it meets your needs, so I would say pricing is fair, and the onboarding process was smooth, with the customer team making sure you understand exactly what you are purchasing before you can go into acquisition.
What was our ROI?
We have seen cost reduction by 25% since using Apptio Costing, so we no longer spend more money on the features and the cloud instances that we do not use.
Because we have detailed visibility and can monitor and report matters faster, we have seen a return on investment by 30%.
What's my experience with pricing, setup cost, and licensing?
We purchased Apptio Costing directly from them.
What other advice do I have?
Apptio Costing is secure, and we have not seen any issues, so the generated content of the AI is really very secure, it is very accurate, and aligns with our goals.
Apptio Costing is very accurate and reliable; we always get timely responses and timely recommendations that are of a high standard.
I would say Apptio Costing is good, especially for teams that are handling complex cloud environments because it helps me to see exactly which resource and which part of the cloud is using or eating up my budget and how to optimize, so I would recommend it. I give this review a rating of 5 out of 5.
Centralized cost insights have aligned budgets and control cloud spending across teams
What is our primary use case?
My main use case for Apptio Costing is for budget forecasting and cost analysis because it is somewhat complicated in our company, particularly in our database operation area.
Currently, we use Apptio Costing for cost analysis and budget forecasting in our database operations by leveraging AWS tags to identify the resources that we own and manage. However, the resources are currently spending across different database accounts, and we extract and transfer the cost data from AWS Explorer to Apptio. We leverage Apptio Costing to track the overall monthly, daily, and yearly budget against the real cost. We calculate the trending to see if we are going to be on budget or if we will be within budget in the coming months, quarters, or years. If we foresee any risk that the cost will go over budget, we look back and dive into different roles, dimensions, services, or cost types to identify any abnormalities or opportunities for optimization.
Regarding the UI and user experience, in my opinion, some of the features do not appear very professional, easy to use, or flexible.
What is most valuable?
I believe one of the best features Apptio Costing offers is the trending line.
Apptio Costing has positively impacted our organization by providing us with a consistent view and a centralized place. Having that consistent, centralized view has helped my team and organization by allowing us to control our budget in 2025. We are also trying to calculate and control the cost this year. With the help of Apptio Costing, different teams currently see a very consistent view, and the overall budget in the organization matches exactly the summarized sum amount by different organizations and sub-organizations. Before we used Apptio Costing, the final sum number usually had a very big difference when compared to the sub-organizations' numbers.
What needs improvement?
I believe Apptio Costing can be improved on the website by providing flexible features that allow us to define variables that we can change directly on the site by creating a widget based on the variable. Whether it is a predefined list or a number, integer, float number, or timing, that would make it easier for us to use. Sometimes we need to change the tag number or view team, or some dimensions, but we want all the widgets on the existing pages to remain unchanged; just the logic should change.
For how long have I used the solution?
I have been using Apptio Costing for around three years.
What do I think about the stability of the solution?
Apptio Costing is stable.
What do I think about the scalability of the solution?
I do not consider Apptio Costing's scalability to be a concern for our organization; I do not believe we need that capability on a daily basis.
How are customer service and support?
I do not have experience with customer support, as we resolve problems by ourselves.
Which solution did I use previously and why did I switch?
We previously used a different solution that was homegrown; we built it ourselves as a customized solution. The reason we migrated to Apptio Costing is that it is out-of-the-box to use and more powerful and flexible.
What was our ROI?
I do not have specific metrics for a return on investment, but overall, it did help us, so I do not have a concrete number to share.
What's my experience with pricing, setup cost, and licensing?
I do not have experience with pricing, setup cost, and licensing; I only use the product.
Which other solutions did I evaluate?
I did not evaluate other options before choosing Apptio Costing; I have no idea what others were considered. The company purchased it, and we use it.
What other advice do I have?
My advice for others looking into using Apptio Costing is that they must have a clear design for identifying resources according to the owner of the cost. Otherwise, even though you have Apptio Costing, it is still very hard to control and calculate the cost. I would rate my overall experience with Apptio Costing as an 8 out of 10.