Apptio announced the Technology Business Management (TBM) Council has been launched as a separate Delaware-based, nonprofit organization. The mission of this new entity is to identify and promote best practices for running technology organizations like a business.
Initially founded by Apptio as a CIO user community, the TBM Council has since grown to include more than 225 members – including CXOs from some of the world's most advanced IT organizations – who are collectively leveraging TBM to become a more strategic partner to the business.
“To become a true partner to the business, CIOs must move beyond the vocabulary of technologies, SLAs and projects, to conversations around the trade-offs needed to balance cost, quality and value,” said Rebecca Jacoby, CIO of Cisco and Co-Chair of the TBM Council. “The TBM Council has proven to be a highly effective and collaborative forum for sharing best practices with other CIOs and IT leaders who are in the midst of an IT services transformation.”
The Council's charter is to produce an openly available TBM framework that advances the professional discipline of technology leaders and matures supply and demand processes between IT and the business.
The Council will synthesize the knowledge of CIO innovators and publish benchmark data back to Council members, define standards and roadmaps for IT organizations as they implement TBM, and facilitate peer-to-peer knowledge sharing.
The Council shares knowledge via a secure, members-only portal as well as a bi-annual CIO Summit event.
Twelve technology leaders from across the Fortune 1000 have been named to the Council's Board of Directors, including:
- Rebecca Jacoby, Cisco Systems
- Tom Murphy, AmerisourceBergen (former CIO)
- Larry Godec, First American*
- Robert Webb, Hilton Worldwide (former CIO)
- Mike Benson, DIRECTV
- Erez Yarkoni, T-Mobile
- Tim Campos, Facebook
- Jim Scholefield, The Coca-Cola Company
- Carol Zierhoffer, Xerox
- Ralph Loura, The Clorox Company
- Greg Morrison, Cox Enterprises
- Sunny Gupta, Apptio
As the technical advisor and principal sponsor of the TBM Council, Apptio has seeded initial content, provided funding for the Council's incorporation as a nonprofit organization, and will remain involved in its governance and operations to help ensure its success.
Sunny Gupta, CEO of Apptio, has been appointed the Founding Director of the TBM Council and will provide operational and strategic guidance. In this capacity, Gupta will collaborate closely with the rest of the TBM Council Board of Directors to create a sustainable operating infrastructure to support the Council's growth and research efforts.
“As TBM becomes the strategic control point for CIOs and IT leaders to run the business of technology, TBM Council members have voiced the need for an organization that can establish a common set of best practices and methodologies for optimizing their run-the-business spend and get more from their change-the-business investments,” said Sunny Gupta. “The TBM Council is being driven by some of the world's most innovative CIOs who are eager to share best practices and showcase the value that their TBM initiatives have brought to their organizations.”
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