View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cloud
April 2, 2015

Nationwide looks to save £8m with Apptio TBM app

Apptio’s Technology Business Management application to bring transparency to Nationwide’s IT services.

By CBR Staff Writer

Nationwide Building Society has selected solutions from TBM SaaS application provider Apptio, in efforts to reduce its IT costs and add quality and value to its enterprise IT services.

Nationwide plans to use Apptio’s Cost Transparency application to save IT costs by up to £8m within the first year of implementation.

Nationwide is expected to optimise costs in areas including outsourced vendor contracts and software licensing ATM performance.

The company’s IT team is already using Apptio’s TBM SaaS applications to help its business partners manage IT spend, and to help the business drive better decisions and business outcomes, along with optimisation of multi-channel service.

Nationwide highlighted that prior to implementing Apptio’s application, the company’s IT department faced problem determining the exact cost of the technology it provided to the business, actual running cost of IT, and the unit cost of delivery.

Nationwide Chief Information Officer Debra Bailey said, "We needed a method to bring clarity and transparency to the way we counted the cost of IT, and to be able to connect it to things like property costs more easily.

"The advantage TBM gives is that we can take a view of both the IT and Finance costs from multiple angles."

Content from our partners
The growing cybersecurity threats facing retailers
Cloud-based solutions will be key to rebuilding supply chains after global stress and disruption
How to integrate security into IT operations

Apptio VP of EMEA Colin Rowland added: "Apptio powers some of the world’s largest and most innovative IT organisations.

"Financial institutions like Nationwide need greater visibility over their IT costs so they can deliver insights that support optimisation and growth and, ultimately, to run IT as a business."

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy