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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.
FinOps Is Expanding—And It’s Coming for TBM

Why Modern TBM Must Evolve to Embrace the Convergence of Two Powerful Disciplines For much of the past decade, Technology Business Management (TBM) and FinOps have lived in parallel worlds. TBM served enterprise IT leaders and finance teams as a structured framework for understanding, managing, and optimizing the full spectrum of technology investments. FinOps emerged from the cloud era—a more tactical, bottom-up approach to controlling the explosive growth of infrastructure-as-a-service costs. They weren’t in competition. They were two sides of [...]

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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 […]

ITFM vs. FinOps Part 3: Challenges and Use Cases in Bringing FinOps and ITFM Together

In this third installment on FinOps and IT financial management (ITFM), we dig deeper into the process of integrating these complementary practices and what […]

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 […]

ITFM vs. FinOps Part 1: Do Companies Need Both?

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 […]

Nicus Acquires Proven FM: What It Means for IT Finance Leaders

Organizations looking for comprehensive IT financial management (ITFM) and technology business management (TBM) services now have a one-stop shop for ITFM and TBM software, […]

Why IT Financial Management and ServiceNow Are Better Together

ServiceNow is at the forefront of digital transformation, with a staggering 85% of Fortune 500 companies using the platform to manage IT operations. But […]

ITFM Glossary

If you’re an IT expert needing to learn about finance—or vice versa—this ITFM glossary of terms used in IT financial management can help you […]