IT Cost Transparency

IT Cost Transparency Too often the IT Costs are still a black box to Finance and the Business and no granular detail nor analysis can be provided. From our experience with numerous client organizations we know that CIOs struggle: To structure IT costs to drive a specific competitive strategy and struggle how to align IT spending to the business needs, To gain insight into application or service TCOs, How to track the IT spent in relation to the product life cycle, And how to deal with disparate systems and unused technology. We know that CFOs and CEOs lack insight into: IT costs and their relevance to business strategy, IT costs in relation to an effective digitization strategy for the business. And CFOs struggle to reduce IT run costs year over year and have difficulty to invest effectively in digitization that supports growth of the business. With our in-depth expertise in IT-Financial Management (or ITFM), we help companies to create business success by improving transparency of IT costs. We do this by: - Structuring IT costs leading to detailed insight, - Providing insight into Application and Service TCO, - Providing insight into Portfolio Management, - Tracking IT spend in relation to product lifecycle. Our clients have realized the following benefits as a result: - They can deal effectively with disparate systems and unused technology, - They can easily follow the ever-changing IT landscape, - Easily perform a benchmark based on the available cost and usage data - Build an application rationalization or infrastructure consolidation program, - And they save approximately 3% - 5% annually on IT-run costs, making structurally more budget available to fund the digitization and growth of the business. 🔔 Subscribe now for more knowledge about Technology Business Management (TBM) and IT Financial Management (ITFM) 📺 Watch the entire video for more information! _________________________________________________________________ 🎥 Videos about Technology Business Management (TBM) 🎨 Written, voiced and produced by It's Value 🔔 Subscribe now for more knowledge about Technology Business Management (TBM) and IT Financial Management (ITFM) 🖤 If you want to stay tuned, subscribe to our Youtube Channel: https://www.youtube.com/channel/UC1wL31VlMLU-KOaoxjUXN2A Watch More from Technology Business Management _____________________________________________________ 💼 Business Inquiries and Contact • For business inquiries, advisory, copyright matters or other inquiries please contact us at: [email protected] Website: https://www.itsvalue.com ❓ Copyright Questions • If you have any copyright questions or issues you can contact us at: [email protected] ⚠️ Copyright Disclaimers • We use images and content in accordance with the YouTube Fair Use copyright guidelines • Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.” • This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above.