Tuesday, 27 June, 2023

IBM Strengthens Automation Capabilities with $4.6 Billion Apptio Acquisition

IBM has acquired Apptio for a staggering $4.6 B. The move is aimed at bolstering IBM's automation capabilities. Apptio specializes in providing software and analytics for IT cost optimization and business insights. By integrating Apptio's expertise, IBM aims to enhance its automation offerings and provide clients with advanced solutions for managing and optimizing their IT infrastructure. This strategic acquisition positions IBM to better serve businesses in an increasingly digitized world.