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Nicus Blog

Stay ahead in TBM and IT financial management with expert insights from Nicus. Explore best practices, industry trends, and strategies to optimize IT spend and align tech investments with business strategy.

Tag: Cost Optimization

Spreadsheet Confessions: 7 True Stories That Should Make You Rethink Your Next Budget Cycle

Spreadsheet Confessions: 7 True Stories That Should Make You Rethink Your Next Budget Cycle

From billion-dollar swings to bungled city budgets, these real-world Excel errors reveal just how risky the wrong process can be. Budget season déjà vu? […]

5 Ways ITFM Empowers CFOs to Drive Business Outcomes

5 Ways ITFM Empowers CFOs to Drive Business Outcomes

When an organization spends hundreds of millions (or more) on IT, visibility and control over that spend is a high-stakes proposition that can make […]

Build to Run: The Hidden Expense Driver Killing Your IT Budget

Build to Run: The Hidden Expense Driver Killing Your IT Budget

Most organizations can tell you how much they spend on IT projects—but few can tell you how much it truly costs to run them […]

ITFM vs. FinOps Part 2: How FinOps and IT Financial Management Work Together

Analysts at McKinsey estimate that companies using FinOps, a cloud financial management discipline focused on cloud cost management, can reduce cloud costs by up […]

Technical Debt and the Case for ITFM

Technology has become a primary driver of business competition today, but as companies pursue digital strategies, many are struggling under a significant and often […]

State of Arizona Reinvests $16.6 Million Running Government at the Speed of Business

Background Governor Doug Ducey has a clear vision for Arizona. He wants it to be the number one place to live, work, play, recreate, […]

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How to Reduce Storage Costs by Right-Sizing Consumption

Storage costs are one of the most under-optimized areas of spend in many IT budgets today. That means there’s a great deal of low […]

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3 Best Practices for Short-term IT Cost Control

As organizations seek to become as lean as possible to survive the economic turbulence caused by COVID-19, technology leaders are under particularly strong pressure […]

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4 Recession Survival Rules for CIOs & IT Leaders

Nobody knows if today’s current economic pullback will be a short-lived anomaly or a long-term struggle, although the odds are leaning toward the latter […]

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