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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.
Why ITFM is the Key to CFO-CIO Alignment

Research from Gartner shows that strong CFO-CIO partnerships are 51% more likely to easily secure funding for digital initiatives and 18% more likely to achieve intended business outcomes. The research also characterizes just 30% of these relationships as strong, revealing a critical gap where companies could be getting more from their technology investments. Achieving true CFO-CIO alignment, however, demands more than just better communication. It requires unified data, shared language and a common framework for understanding the operational and financial [...]

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Beyond Tracking: ITAM’s Strategic Future

IT asset management isn’t just about tracking assets anymore. It’s undergoing a strategic shift to become a core driver of cost optimization, operational efficiency […]

4 Places Where TCO Is Essential to IT Decision-Making

Making decisions based on incomplete information can lead to unintended consequences. It’s a particular problem in IT decision-making, where companies often make decisions that […]

What You’re Not Seeing: Why Accurate TCO Data in ServiceNow ITAM Matters

If you were about to make a decision with a potential $10 million impact, would it give you pause to learn your numbers might […]

The Bowtie Effect: Why Detail Matters in IT Financial Management

In the world of IT financial management, it’s not just understanding your IT costs but the operational detail behind them that drives effective decisions. […]

ITFM Lessons from the CrowdStrike Outage: 3 Key Takeaways

Last month, a faulty update distributed by cybersecurity company CrowdStrike crashed millions of Microsoft Windows computers worldwide, leading to massive disruptions for businesses such […]

Have You Outgrown TBM? 4 Key Signs

The beginning of every IT financial management (ITFM) journey starts with a single question: How much does our organization spend on IT? As companies […]

How Much Is Excel Costing You?

In nearly every company that does IT financial management (ITFM), the starting point is Excel. In a way, it makes sense. Excel is a […]

4 Big Reasons Why CIOs Should Care About ITFM

Former GM chairman Roger Smith once famously said, “If I had all the money I spent on IT back, I could have bought Toyota […]

Drive Better Investment Decisions with the Pyramid of Insights

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 […]