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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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Making the Leap from ITFM Reporting to Business Intelligence

Guest Post by Lauren Fulton We live in a world where anyone can become data literate and access analytical tools at their fingertips.  Empower […]

3 Major Takeaways from Gartner ITSV 2018

Here we are three weeks after the Gartner IT Sourcing, Procurement, Vendor & Asset Management Summit 2018, and I’m still unwinding from the buzz […]

Finding the Right ITFM Solution and Implementation Partner

From steering committees and goal alignment to avoiding common pitfalls and “precision traps”, there are many steps to a successful ITFM implementation. The steps […]

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Key #5 to a Winning ITFM Implementation: Balance of Precision & Simplicity

An ITFM implementation can have its challenges, for example: accepting your data is “good enough” to get started and other obstacles including “precision traps.” […]

Key #4 to ITFM Implementation Success: “Good Enough” Data

Purchasing and implementing an ITFM tool, along with building a sustainable ITFM program, can feel like an overwhelming feat (especially if you feel your […]

Key #3 to ITFM Implementation Success: Proof of Value

Proving value of your ITFM program may not be at the top of your list of to-dos when planning and implementing a new ITFM […]

Key #2 to ITFM Implementation Success: Strategic and Tactical Alignment

Successful ITFM implementation requires resources, communication, organization, and strategic and tactical alignment. In the last blog, we discussed the importance of creating a cross-functional […]

Key #1 to ITFM Implementation Success: Steering Committee

IT Financial Management (ITFM) has become one of the most important initiatives for any organization. When IT can improve service while lowering costs, everyone […]

7 Steps to Great ITFM Data

About a month ago, I attended a phenomenal IT Financial Management (ITFM) Week in Chicago. The weather was perfect, the presenters were excellent, and […]