Apptio, a provider of on-demand Technology Business Management (TBM) solutions, has been selected as an AlwaysOn Global 250 award recipient.

The Global 250 recognizes the top emerging private companies that demonstrate leadership amongst peers, and innovative approaches and technologies that are likely to disrupt emerging markets. Other Global 250 companies include Dropbox, Facebook, Zillow, Box.net, Splunk, and Marketo. Recognition as a Global 250 winner marks the sixth award for the company in 2011.

"This year's AlwaysOn Global 250 are companies driven by the biggest mega-trends, including the accelerating growth of mobile users, cloud computing, and SaaS offerings, globalization, and the socialization of commerce and basically everything online," says Tony Perkins, Founder and Editor of AlwaysOn. "This year's winners clearly represent some of the highest-growth opportunities we've seen in the private company marketplace in the history of the global Silicon Valley."

To produce the Global 250 list, the AlwaysOn editorial team, along with partners at Morgan Stanley, the Blackstone Group, KPMG, Silicon Valley Bank, DCM, Greycroft, and Bridge Bank, as well as industry experts across the globe, scoured the entrepreneurial community to identify the top 250 private companies that are taking old notions of doing things and forging solutions that will lead to industry shake-up and huge value-creation opportunities. The AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.

Apptio and the other winners will be honored at the Silicon Valley Innovation Summit on July 28 in Santa Clara, CA.