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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.
Beyond Tracking: ITAM’s Strategic Future

IT asset management isn’t just about tracking assets anymore. It’s undergoing a strategic shift to become a core driver of cost optimization, operational efficiency and aligning IT investments with business goals. In this article, we explore key ITAM trends to watch, including the missing piece for many in achieving true ITAM maturity. Learn how Nicus FMDB for ITAM on ServiceNow brings comprehensive cost visibility to IT investment decision-making ITAM Maturity Drives Business Agility High ITAM maturity correlates with increased organizational [...]

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4 Places Where TCO Is Essential to IT Decision-Making

Making decisions based on incomplete information can lead to unintended consequences. It’s a particular problem in IT decision-making, where companies often make decisions that […]

What You’re Not Seeing: Why Accurate TCO Data in ServiceNow ITAM Matters

If you were about to make a decision with a potential $10 million impact, would it give you pause to learn your numbers might […]

The Bowtie Effect: Why Detail Matters in IT Financial Management

In the world of IT financial management, it’s not just understanding your IT costs but the operational detail behind them that drives effective decisions. […]

ITFM Lessons from the CrowdStrike Outage: 3 Key Takeaways

Last month, a faulty update distributed by cybersecurity company CrowdStrike crashed millions of Microsoft Windows computers worldwide, leading to massive disruptions for businesses such […]

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 […]

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 […]