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 […]
Topic: Application TCO
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/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 […]
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 […]