article thumbnail

IBM to buy Apptio for $4.6B to help companies optimize IT spend

CIO Business Intelligence

billion to help enterprises optimize their IT expenditure, particularly cloud costs, as they try to navigate uncertain macroeconomic conditions. While ApptioOne can be used by enterprises to manage hybrid cloud, Apptio Cloudability can be used to monitor public cloud spending and expenditure optimization.

article thumbnail

The biggest enterprise technology M&A deals of the year

CIO Business Intelligence

Global IT services giant NTT Data has bought another sliver of market share and added some new capabilities with its acquisition of Vectorform, an 80-person digital transformation consultancy based in Detroit. With many enterprises adapting to permanent work from home, demand for such tools is likely to remain strong.