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What is CostLens?

These cost algorithms establish connections between your IT infrastructure, service data, procurement data, and financial data, all while being enhanced by external datasets. The user interface is designed to be intuitive, promoting ease of navigation, managing user permissions, and providing clear visual representations. To enhance the precision of your IT cost analysis, it is essential to align with industry standards, thus facilitating straightforward benchmarking. CostLens serves as a budget-friendly solution that empowers you to make well-informed investment choices. With single-sign-on functionality, users can effortlessly integrate with various third-party systems. Additionally, the innovative SplitLink framework recognizes cost metadata and automatically generates comprehensive cost relationships at granular levels, enabling you to swiftly pinpoint and investigate any issues that arise. This streamlined process significantly enhances your ability to manage costs effectively and make strategic decisions.

What is IBM Apptio?

IBM Apptio combines financial and operational data into a unified model that follows a widely recognized cost categorization. Utilizing sophisticated allocation rules alongside specific metrics and key performance indicators (KPIs), the platform enables organizations to tackle essential questions related to their investments, while also enhancing their budgeting and forecasting processes. This functionality improves the ability of companies to articulate the rationale behind their investments and any deviations from their established plans to stakeholders and leadership teams, ultimately helping to pinpoint possibilities for refining cost structures, reducing risks, and promoting growth. Moreover, viewing IT expenses—both historical and anticipated—in a structured manner based on a proven framework paves the way for quicker ad hoc analyses and more efficient budgeting cycles. By reducing overall IT expenditures through the minimization of waste, removal of redundancies, and alignment of spending with strategic objectives, organizations can substantially lessen the time needed for forecasting. This strategy not only boosts the frequency of updates but also liberates resources, allowing companies to concentrate on high-value projects that contribute to sustainable success, thereby ensuring that businesses remain agile in the face of changing market conditions.

Media

Media

Integrations Supported

Active Directory

Integrations Supported

Amazon Web Services (AWS)
Capgemini Intelligent Automation Platform
Coupa
DXC Cloud
EV Service Manager
Google Cloud Platform
IBM Cloudability
Microsoft 365
OpenOps
Oracle Cloud Infrastructure
PagerDuty
Product Marketing Alliance
RequirementsHub
SAP Cloud Platform
SAP LeanIX
ServiceNow
Teamstack
TelStrat QM
VMware Cloud

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Amalytics Software

Date Founded

2018

Company Location

United Kingdom

Company Website

amalytics.co

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.apptio.com/products/ibm-apptio/

Categories and Features

Spend Management

Not specified

Categories and Features

Cloud Cost Management

Not specified

SaaS Management

License Management
Spend Management
Usage Tracking / Analytics
Vendor Management

SaaS Spend Management

Not specified

Spend Management

Not specified

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