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Smarter AI Spending Starts Here

Nicus TBM solutions let you connect every dollar of AI spend to real-world outcomes. Uncover hidden costs, optimize resources and demonstrate ROI.

The AI Gold Rush Is On

Artificial intelligence represents a transformative opportunity, but it’s also a costly frontier. Companies that plunge into AI investments without clear visibility into costs and outcomes risk repeating the financial missteps and massive budget overruns seen in the rush to the cloud.

Nicus transforms AI cost management with industry-leading tools built for accuracy, speed and scalability, so you can ensure every AI dollar contributes real business value.

What Is Technology Business Management (TBM) for AI?

Applying the technology business management (TBM) framework to AI cost management helps ensure AI is a strategic driver, not a financial liability. TBM brings together data from IT and finance to link AI spending with outcomes and prevent overspending on initiatives that don’t drive business value.

Core benefits of TBM for AI:

  • TCO visibility: See the total cost of ownership (TCO) across every stage of AI initiatives
  • Granular cost tracking: Identify inefficiencies in labor, infrastructure and vendor costs
  • Link AI spending to outcomes: Measure the real-world results of your AI and digital transformation initiatives and identify your top opportunities for innovation

Challenges in AI Cost Management

Artificial intelligence budgets are growing quickly, but managing them effectively requires overcoming common hurdles:

  • Hidden lifecycle costs: TCO for AI systems isn’t just about tools—it also includes overlooked costs like labor, data management, and scaling efforts.
  • Siloed data: Complex AI environments make it difficult to connect costs to business outcomes, blocking visibility into ROI and which decision levers will drive meaningful impact.
  • Slow decision cycles: Slow financial management software tools can mean waiting days for updates to cost models and forecasts, delaying mission-critical decisions.

Nicus TBM: Get More from Your AI Investments

Nicus doesn’t just help you manage AI spending—it transforms how you plan, track and optimize all your digital transformation investments.

  • Link AI expenses directly from the general ledger for accurate, defensible TCO
  • Get 24/7, real-time cost model and forecast updates in just minutes
  • Run unlimited what-if scenarios to evaluate the impact of scaling, vendor changes or new initiatives

Nicus is always quick to respond and can come up with solutions to some of our most challenging problems.

Nicus Insurance Industry Customer

Capabilities

  • Robust cost modeling engine
  • Cost model crosswalk
  • Built-in TBM taxonomy + others
  • Powerful reporting and visualization
  • Role-based dashboards and reports
  • Internal and external benchmarking
  • Collaborate on budgets concurrently
  • Cash, ops, and revenue views
  • Multiple governance view (Run/Grow/Transform, supply/demand, LOB consumption)
  • Run multiple forecasts concurrently with compare and versioning
  • Automatic depreciation calculations for capital asset purchases
  • Multi-currency support

Nicus TBM Products

Transform technology spend into measurable business value with Nicus and ServiceNow—the modern approach and platform for TBM.

Nicus ITFM Platform on ServiceNow

Extend transparency to every intersection of IT and the business, reveal unseen opportunities to optimize spend and empower decision-makers with insights they can act on. (encompasses Cost Transparency and IT Planning products).

Nicus Cost Transparency on ServiceNow

Establish accurate, fully-burdened cost structures for everything IT delivers – allowing technology leaders to eliminate doubt, rationalize spend, and expose opportunity.

Nicus IT Planning on ServiceNow

Build detailed IT budgets and forecasts quickly and accurately. See how and why today’s funds are being spent, and how tomorrow’s investments can drive new value.

FMDB for Enterprise Architecture

Link application costs to business value. FMDB for EA delivers financial context to EA decisions, helping rationalize apps, plan modernization, and prioritize investments.

FMDB for IT Asset Management

Bring financial clarity to IT assets. FMDB for ITAM calculates asset TCO for hardware and enterprise assets—empowering ITAM teams to make informed asset lifecycle decisions.

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