ITFM/TBM Cost Optimization Cheatsheet: 5 Common Tactics & Anticipated Savings
In a recent Gartner survey, cost optimization was cited as the fourth most important objective of ITFM/TBM (out of 12 total). And that’s no […]
Topic: Application TCO
5 Tangible Cost Model Use Cases & Business Outcomes
You already know that cost modeling gives you transparency behind service costs. But what can you use that transparency to accomplish? Well, the answer […]
How to Write Airtight Service Definitions for Your Cost Model
The first step in every new cost modeling project is to create a catalog of clearly defined IT services. Your service definitions are crucial […]
3 Key Capabilities Every Service Cost Model Should Include
If you’ve made the decision or have been tasked with building a cost model, it’s likely your organization and its stakeholders seek a deeper […]
How to Defend and Socialize Your New IT Cost Model
As IT Finance practitioners and practice leads, we can all agree that cost modeling (aka service costing) is the key to truly evaluating costs […]
5 Ways CIOs and IT Leaders Reap Value from Cost Modeling
From a high-level perspective, the value of cost modeling is relatively simple: it brings full transparency to service costs so they can be measured, […]
How to Overcome the 3 Biggest Challenges of IT Cost Modeling
Creating an accurate cost model to manage, measure, and bill IT services is a crucial step in organizational maturity. But it doesn’t come without […]
4 Steps to a Healthier IT Financial Management Practice Beyond Spreadsheets
Excel holds a special place in the hearts of IT finance professionals – it’s comfortable, familiar, and has a refined set of core capabilities. But […]
City of Seattle Gains 3,000 Hours Annually with Nicus
Like many other State and Local Government entities, the City of Seattle’s Central IT division was managing the IT planning process (including budgets, forecasts, […]