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What's the business value?
Maritz CIO Gerry Imhoff used TBM methodology and tools to accomplish a nearly 40% reduction in the corporate IT budget. At the same time, TBM was used to support a decentralization strategy, yielding surprising results. Giving his customers, the VPs of finance and technology in each of the Maritz businesses, access to Apptio Cost Transparency changed the dynamic, enabling IT’s shift to service provider and improving trust in Imhoff’s organization.
In the last couple of years, Cargill has brought all of its IT spend into global IT owned and managed service lines. Global financial data is pulled together to create a service-oriented bill of IT that has shifted conversations with the business to value vs. cost. Now, Apptio IT Planning is helping the team push accountability to business owners, promoting a focus on value creation and innovation instead of the cost of the IT bill. New efforts to plan and forecast in real-time are helping the team evolve from order takers to innovative leaders within the organization.
According to Gartner, by 2025, 55% of large enterprises will successfully implement an all-in cloud SaaS strategy. The proliferation of cloud SaaS solutions triggers the need for CIOs to transition their organization from a technology-providing cost center to a cloud brokerage value center.
Gartner ITScore surveys indicate that 62% of CIOs do not believe that there is adequate transparency of IT costs, contributions and performance.