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
Cloud cost visibility has improved and daily decisions reduce unnecessary resource spending
What is our primary use case?
I mainly use Apptio Costing for app management with cloud computing, whereby it helps me integrate Apptio Costing into the cloud so I can see proper visibility into my cloud costs anytime from Apptio Costing dashboard.
A quick specific example of how I use Apptio Costing for cloud visibility in my daily work is the integration of Apptio Costing into AWS that gives me proper visibility of how my usage on the cloud is with Apptio Costing and AWS , which does not require me to log into AWS. I can just get those reports from Apptio Costing. That saves me a lot of time to understand exactly what features I get billed for and how to prevent higher costs on the cloud.
What is most valuable?
My best feature of Apptio Costing is straightforward integration with AWS, Google Cloud , and Microsoft Azure . That makes it so easy to connect Apptio Costing with those cloud tools so I can see proper cost management from Apptio Costing.
The setup for these integrations with AWS, Google Cloud , and Azure is straightforward. I just need to log in from Apptio Costing, then connect to any cloud tool. The setup was straightforward.
Apptio Costing has positively impacted my team and organization by reducing a lot of time. For example, I am able to have clear visibility into the cloud costs from Apptio Costing. It does not require me to switch multiple tabs to see exactly what is happening, and I am able to detect which features I am using on the cloud and which I am not using. For example, with AWS Amazon Web Services, there are other features such as Lambda and EC2 that we were having multiple instances of and were not using. Apptio Costing was able to tell us exactly that we do not need those features and the budget was reduced.
What needs improvement?
I think Apptio Costing needs to improve in the API integration. The API sometimes requires a lot of technical requirements for integration if you are not a developer. You need to have a software engineer. I think they need to make it so easy for anyone regardless of technical background to integrate Apptio Costing into any cloud tool.
Lastly, I would love to see them improve the visual analytics dashboards. They do take a lot of time to refresh data, so you can be delayed in seeing data in real-time.
For how long have I used the solution?
I have been working in my current field for five 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?
The scalability of Apptio Costing is good. I have not seen it in any downtime, regardless of how many users we have.
How are customer service and support?
Customer support for Apptio Costing is very responsive to technical questions. They can respond on live chat and in tickets. I would give them ten out of ten.
Which solution did I use previously and why did I switch?
I did not evaluate other options before choosing Apptio Costing.
How was the initial setup?
The setup for these integrations with AWS, Google Cloud, and Azure is straightforward. I just need to log in from Apptio Costing, then connect to any cloud tool. The setup was straightforward.
What was our ROI?
I have seen a reduction in time by fifteen percent, and I have also seen cost savings of thirty percent since using Apptio Costing.
What's my experience with pricing, setup cost, and licensing?
The experience with pricing, setup cost, and licensing was straightforward, and I found the pricing to be more affordable, especially depending on the features that Apptio Costing provides.
What other advice do I have?
The accuracy and reliability of output from Apptio Costing can be relied on because the outputs are very easy to understand and they have natural language.
Apptio Costing is easy to manage, especially if you want to manage different cloud platforms, for example, AWS, Microsoft Azure, or Google Cloud. It is easy to integrate Apptio Costing and have proper visibility into cost management. I would recommend it. I gave this product a perfect rating of ten out of ten.
Which deployment model are you using for this solution?
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Centralized IT Cost Visibility with Powerful Dashboards and Reporting
Once you get familiar with the platform, it’s easy to navigate, and the visual reporting makes it straightforward to explain IT spending to both technical and non-technical stakeholders. I also value the flexibility to customize dashboards to fit different business needs and audiences.
Another major advantage is its integration with cloud platforms and other enterprise tools. This reduces manual data collection, improves accuracy, and keeps information more consistent. Performance has been reliable even when working with large datasets, and the reporting capabilities have helped us make stronger cost-optimization decisions.
Onboarding can take some time because of the platform’s depth, but IBM’s documentation and support have been helpful whenever we’ve needed assistance. I also appreciate the intelligent recommendations and automated insights that surface spending trends and anomalies, making it easier to spot opportunities for cost savings before they turn into bigger issues.
Even though it’s a premium product, the visibility and control it provides over IT spending make it a worthwhile investment for organizations that need detailed financial management and governance.
Some reports and dashboards require a fair amount of customization to match specific business requirements, and setting them up initially can be time-consuming. At times, pages with large datasets can feel a bit slower to load, although it hasn't significantly affected day-to-day work.
I'd also like to see a more modern and intuitive user interface in certain sections, as some workflows require more clicks than necessary. While the platform delivers strong value, the pricing may be on the higher side for smaller organizations. Overall, these are relatively minor drawbacks, and they don't outweigh the benefits we've experienced.
One of the biggest benefits has been the ability to identify areas where we can optimize costs without affecting business operations. The reporting and dashboards also make it easier to share financial insights with leadership, which has improved decision-making and increased transparency across teams.
Overall, it has reduced the time spent on manual reporting, improved the accuracy of financial data, and given us greater confidence when planning IT budgets and evaluating technology investments.
Complete Visibility into IT Spend and Costs
It also helps me address common business challenges by increasing financial transparency, improving cost accountability, simplifying budgeting and forecasting, and enabling faster decision-making. It reduces manual reporting effort, minimizes human error, and provides real-time dashboards that allow teams to spot issues quickly before they turn into major problems.
I also like the visibility it provides into IT spending, resources, and business value, along with a clear picture of how resources are being utilized or underutilized across cloud platforms like Azure and Google Cloud. It integrates with several enterprise tools, including ERP and financial systems for budgeting and accounting; cloud platforms such as AWS, Microsoft Azure, and Google Cloud for tracking cloud spend; IT service management tools like ServiceNow; and business intelligence tools such as Power BI and Tableau for advanced reporting and dashboards.
The initial setup was relatively straightforward, and the IBM documentation and implementation support made the process manageable. Once the platform was configured, it became very useful for day-to-day operations, so I’d rate the setup eight out of ten. Overall, I think it’s a great product and would definitely recommend it ten out of ten.