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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.

Topic: ITFM

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 […]

IT Cost Modeling Deep Dive

Why ITFM Projects Fail, Part II: An IT Cost Modeling Deep Dive

The cost model is the heart of any ITFM program. When it’s working, it gives leaders clear direction on how to cut waste, reinvest […]

Why ITFM Projects Fail

6 Reasons Why ITFM Projects Fail

An IT finance team once completed a prioritization exercise during the kickoff of an ITFM implementation. They identified 60 key capabilities they wanted the […]

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 […]

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 […]

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 […]

Don’t Miss 2-Day IT Finance Boot Camp

A Strategic Investment for Every IT Finance Professional and Organization In the fast-paced world of IT Financial Management (ITFM), staying ahead of the curve […]

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