Denver, Colo., Sept. 30, 2015 – SelectHub, a cloud-based Technology Selection Management (TSM) platform for the selection, sourcing and acquisition of IT products, today announced a new partnership with Apptio, the leading provider of Technology Business Management (TBM) applications designed to help CIOs manage the business of IT. Some of the world’s most innovative organizations are using Apptio to understand the true cost, quality, and value of their applications and services. As a result, CIOs and their teams are able to make more informed decisions about IT investments.

“Our Technology Alliance Program is a best-of-breed ecosystem of partners that are focused on the key decision processes that CIOs need when managing the business of IT,” said Stan Shull, Apptio VP of Business Development. “SelectHub‘s platform allows stakeholders to collaborate internally, and engage vendors across all phases of the IT acquisition process, making them an ideal partner for Apptio.”

“Given the relentless demand from business stakeholders for various technology solutions, IT leaders often wrestle with build vs buy decisions as well as security and compliance tradeoffs, all while striving to minimize shadow IT,” said SelectHub VP of Customer Success Ram Karan. “With so many SaaS options available to organizations, the threat of making the wrong decision looms over any new technology purchase. IT ultimately is left to deal with the repercussions of these decisions. The combination of SelectHub and Apptio will go a long way towards helping organizations identify the right solution quickly, with cross-silo visibility and buy-in, while enabling IT to acquire, track and measure its efficacy.”

About SelectHub

SelectHub is a cloud-based technology selection management (TSM) platform that streamlines the IT selection and sourcing process across organizations, and supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFP and contract negotiation. SelectHub customers include Hunter Douglas, Advanced Energy (NASDAQ: AEIS), QEP Resources (NYSE: QEP) and the State of Colorado. To learn more, please visit selecthub.com.

About Apptio

Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT. Apptio’s suite of applications use business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. The purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback/chargeback, operational efficiency, and planning. Powering Apptio’s applications is a next generation, in-memory cost analytics platform that takes data directly from financial, operational, and billing systems to power the applications that give customers deep insight. This insight spans infrastructure, applications, and business services, both on-premises and in the cloud. Hundreds of customers, including more than one- third of the Fortune 100, choose Apptio as their business system of record for IT. To learn more, please visit www.apptio.com.

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