Budget season should align strategy with financial discipline. Instead, many IT organizations get buried in spreadsheets, reconciliations, version-control chaos, and tense budget debates.
New conversational AI capability delivers guided configuration and best practices within workflows, with expanded AI capabilities planned across Nicus platforms
Taking 5% out of an IT budget sounds straightforward enough. The difficulty starts when someone asks which 5%. Imagine five IT teams, each responsible […]
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EXECUTIVE SUMMARY Five findings reveal the ITFM Value Gap Organizations may be overestimating ITFM maturity 69% rate their current ITFM maturity at 8 or […]
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An IT budget forecast can have a surprisingly short shelf life. The annual IT budget may have been approved only a few months ago, […]
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Establish accurate, fully-burdened cost structures for everything IT delivers – allowing technology leaders to eliminate doubt, rationalize spend, and expose opportunity. Download the Nicus […]
Build detailed IT budgets and forecasts quickly and accurately – allowing you to reduce effort, increase accuracy, and maximize short and long-term visibility. Download […]
The beginning of every IT financial management (ITFM) journey starts with a single question: How much does our organization spend on IT? As companies […]
In nearly every company that does IT financial management (ITFM), the starting point is Excel. In a way, it makes sense. Excel is a […]
Former GM chairman Roger Smith once famously said, “If I had all the money I spent on IT back, I could have bought Toyota […]
While many organizations are embracing IT financial management (ITFM) to optimize IT spending, the truth is that it isn’t a native skill set in […]
In this third installment on FinOps and IT financial management (ITFM), we dig deeper into the process of integrating these complementary practices and what […]
Analysts at McKinsey estimate that companies using FinOps, a cloud financial management discipline focused on cloud cost management, can reduce cloud costs by up […]
According to the Flexera 2023 State of the Cloud Report, we’ve reached the tipping point where the majority of workloads are now in the […]