Apptio Inc a software providing company announced the opening of their first-ever Centre of Excellence (CoE) in Bengaluru. The company said that this CoE was created to support Apptio’s global expansion in response to its increased demand for its cloud and financial management software, while also aiming to recruit India’s top technology talent.
With this new office, Apptio, which already has 1,000+ employees globally and a customer base that includes 50% of the Fortune 100, will expand its workforce and cement its position as the market leader for fueling digital transformation. Now, Apptio plans to triple its team of data scientists and developers in Bengaluru by the end of 2019. With the expansion into India, Apptio is determined to create stronger solutions at a rapid pace to help CIOs communicate the value of their IT investments better than they have before.
This is Apptio’s first office in the region but the company’s 18th office worldwide. Currently, more than two dozen of Apptio’s CoE employees are working in their modern 100-seater facility. With many job openings, Apptio is rapidly expanding its talent base providing them an enhanced employee experience and skill development program to develop and service products for customers globally. Looking ahead to this and future growth, Apptio is in the process of developing a permanent, state of the art Apptio office for 300 people in Bengaluru. The buildout is expected to start in October 2019 and be ready for occupancy in early 2020. A permanent location for its CoE is a significant investment that enables Apptio to attract top talent, support international customers and build long-term success for the business across the APAC region.
“Today, with companies across sectors depending on technology to stay competitive, IT has become a critical component for every business on the planet, and Apptio has created the leading platform to help customers manage this new paradigm,” said Sunny Gupta, Apptio CEO. “At Apptio, we build market leading products that transform the IT operating model, regardless of industry or geography. The talent pool in India, particularly in Bengaluru, is going to play the lead role in driving that contribution to building world class products.”
In November 2018, Apptio was acquired for $1.94 Billion by Vista Equity Partners, a leading investment firm focused on software, data and technology-enabled businesses, after a successful IPO in September 2016 that raise $96 million. Robert Smith, Founder, Chairman and CEO of Vista Equity Partners, was present in Bengaluru with Gupta for the launch of the CoE.
“Bengaluru is a thriving technology scene with incredible talent – and home to thousands of Vista companies’ employees,” said Smith. “I am looking forward to seeing Apptio invest and thrive in this community, and continue to provide a simple, modern, and strong customer experience that delivers tangible insights and business value.”