Apptio, which is backed by Vista Equity Partners, announced the opening of its Centre of Excellence (CoE) in Bengaluru, India, to support Apptio’s global expansion.
Apptio, which already has 1,000+ employees globally and a customer base that includes 50 percent of the Fortune 100, will expand its workforce. Apptio customers include State Farm, Unilever and CoBank.
Apptio plans to triple its team of data scientists and developers in Bengaluru by the end of 2019.
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.
Apptio is in the process of developing a permanent office for 300 people in Bengaluru. The buildout is expected to start in October 2019 and will be ready for occupancy in early 2020. A permanent location enables Apptio to attract top talent, support international customers and build long-term success for the business across the APAC region.
Apptio recently appointed Subramanian (Subi) Krishnan as vice president and general manager of India.
Sunny Gupta, Apptio CEO, said: “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.”
Apptio in November 2018 was acquired for $1.94 billion by Vista Equity Partners, a leading investment firm focused on software, data and technology-enabled businesses, after an IPO in September 2016 that raised $96 million.
