Strategies to Rethink Your IT Budget in 2022
With the ongoing impact of the coronavirus pandemic, supply chain issues, war in Ukraine, and historic inflation, a strong economic headwind is forcing technology leaders to rethink their technology investments. In a survey we conducted among TBM Council members, 58.2% of respondents said they were concerned about an upcoming recession impacting their business. And a […]
Commitment to Innovation
In-person events are back, and I was happy to see so many of you at Apptio’s EMEA User Conference, Americas User Conference, and TBM Council Board of Directors Invitational this summer. Being together was a great reminder of the power of connection and of how we all have similar challenges we are tackling as the […]
Apptio Cloudability Named a Leader in GigaOm’s Radar for FinOps
Organizations are turning to FinOps principles to drive cloud financial accountability, improve overall cost efficiencies, and achieve key business objectives. However, merger and acquisition (M&A) activity has the FinOps solution market in flux. When solutions are integrated into larger, more dispersed portfolios, FinOps practitioners wonder if their new partners will lose focus on innovation and […]
3 Cloud Tips I Learned at FinOps X 2022
I recently attended the FinOps Foundation’s inaugural FinOps X conference, sponsored by Apptio and others across the FinOps vendor community. Drawing in over 400 in-person attendees, it featured a slew of sessions, including one from our very own Bala Kaliamurthy and Eugene Khvostov, which discussed allocation across public cloud, containers, and cloud program spend. I […]
Apptio Targetprocess Continues to be Recognized as an Industry Leader
Apptio acquired Targetprocess to help customers accelerate their Agile transformation through effective portfolio management and financial governance. Since the acquisition, we have continued to invest in new capabilities, and industry analysts have taken note. Our innovations in 2022 alone include integration with popular team-level Agile management tools and simplified data sharing with ApptioOne to deliver […]
TBM and FinOps: How They Work Together
Technology Business Management (TBM), a best-practice discipline for managing the business of IT; and FinOps, the financial operating model for public cloud consumption, share a common goal of defining IT through impact rather than spend. What is TBM? TBM is a discipline that improves business outcomes by giving organizations a consistent way to translate technology […]
6 New Apptio BI Reports for Faster, Accurate Insights
The speed of innovation and the complexity of technology put a premium on fast, confident IT decision-making. Still, many organizations undermine their IT strategy when they sacrifice speed for confidence (a quick wrong decision is still wrong) or confidence for speed (a good decision taken slowly may be too late for the business to act […]
The Insights Your Team Needs to Make Better Decisions More Quickly
It’s a paradox of the times. The digital transformation that every organization is going through generates far more data than any one person or team can parse. Even if it’s open to debate whether data really is the new oil, there is no doubt we need a better way to drill it. One approach is […]
Scale Out TBM Capabilities with Seamlessly Connected Data
A strength of the TBM discipline is the number of on-ramps you can take to start. Your organization’s TBM journey may begin with core technology financials; others may begin with cloud-specific financial management. But as you mature your TBM practice and embrace new TBM domains, we want to ensure your new on-ramps share common data […]
Data Aligns Your Technology Investments to Business Strategy
Most organizations will admit they’re unsure if IT spend consistently aligns with strategy. Cluttered portfolios can hide duplicate capabilities and obscure the value of each application, product and service — blurring the value of your investments. Technology and business executives must understand the financial implications of one-off actions (e.g., canceling a project, not renewing a […]
Apply TBM & Apptio to Accelerate Data-Driven Decision Making
How long does it take to make a data-driven decision in your organization? How much time does your organization spend on improving the speed and accuracy of your decisions? Your organization likely spends more time getting the data required to support the decision than it spends on improving the process. It’s also likely that your […]
The Digital Imperative: No Looking Back
At the recent Technology Business Management (TBM) Board of Directors Invitational in Napa Valley, the TBM Council Board and a few selected guests (CIOs, CFOs, CTOs) celebrated its 10th anniversary. Speakers highlighted how TBM has evolved into an essential discipline to manage the value of technology investments, change the dialogue of how investments in technology […]
Agile and TBM: Transforming the Business of IT for the Better
Dean Leffingwell is the creator of the Scaled Agile Framework (SAFe®) and co-founder of Scaled Agile, Inc. He works with companies scaling Agile from a few teams to tens — and even hundreds — of teams building large-scale systems and software solutions. Here he talks ROI, business engagement, and the opportunity to apply TBM to […]
Technology Business Management (TBM) for the Modern Enterprise
This article originally appeared on Phil Armstrong’s LinkedIn. Phil is the Chairman of the Board of the TBM Council. Corporate finance leaders have enterprise resource planning (ERP). Sales leaders have customer relationship management (CRM). And technology executives? We have a discipline that operates at the heart of what we do: Technology Business Management, or TBM. […]
EC2 Recommendations to Benefit Your Cloud-Native Strategy
One of the key ways Apptio supports customer efforts to maximize the business value of technology investments is through helping them take advantage of cloud-native technologies such as Kubernetes and managed services. We are excited to announce product enhancements to Cloudability that further these efforts for Amazon EC2 by embracing scaling best practices and optimizing […]
Showback: How to Drive IT Spend Accountability
IT Showback is a strategy that drives down costs by exposing business units (BUs) to the levers of cost they can control, the resulting value, and the potential ways of lowering that cost structure. But if the bill of IT is indefensible — through assumptive allocations or poor service cost compositions — the BU will […]
6 Steps for Implementing IT Chargeback
IT chargeback holds a business unit (BU) financially accountable for its IT use by providing visibility into and charging for its use of technology. IT chargeback enables your business unit (BU) partners to understand their IT costs and proactively change their use of IT to influence those costs. However, chargeback is just a tactic, and […]
4 Takeaways from the 2022 State of FinOps Report
FinOps, or cloud financial management, isn’t just an engineering practice or something that only finance teams need to focus on. FinOps is the processes, the mindset, and the company culture that brings groups — engineering, finance, and business teams — together to make decisions to get the most out of your company’s cloud spend. The […]
Stop Tracking Time and Start Using Story Points
Imagine a developer on one of the agile teams you’re managing logs in to submit a set of surprise changes over the weekend. While out for coffee with friends, they realized large blocks of code from a side project could be repurposed. With a few clever tweaks, complex algorithms originally intended to optimize an indie […]
Your Expert Guide to Lean Budgeting
71% of businesses use an agile approach to operations; but are those businesses also adopting a lean budgeting approach? Lean budgeting can optimize and improve operations. This can be across a portfolio, a project, or an organization. Lean-agile processes enable flexibility and better collaboration for companies. Discover more about lean budgeting below and learn why your company […]
The Essential Guide to Azure Blob Storage Pricing
Azure matches storage solutions to the type of data you are storing. Azure Blob Storage pricing varies by the levels of redundancy and performance you need: Higher redundancy and performance lead to increased Azure Blob Storage costs. This article will look at your Azure Blob Storage options and the associated costs. What is Azure Blob […]
Guide to AWS EC2 Pricing and How to Control Costs
Amazon Elastic Compute Cloud (EC2) is the most-used service on AWS. With hundreds of different instance types at various price points, it’s challenging to select the right compute resource for your needs and budget. This blog will review your options, summarize costs, and provide best practices for managing your EC2 usage. What is AWS EC2? […]
6 Steps to Take Back Control of SaaS Shadow IT
Anything in a shadow looks mysterious — shadow IT is no different. Rather than dwelling on what IT solutions could be out there, technology leaders should flip on a light and see for themselves what’s lurking in the (IT) shadows. And the challenge is getting tougher: Software as a Service (SaaS) spend is projected to […]
10 Lean Agile Principles That Transform Your Business
Every business must keep pace, and then accelerate past, its competition. To do that, your team needs to be more productive to get tasks done at a faster rate. But how do you improve productivity? The key to increasing your productivity is adopting the Lean Agile process. There’s been a lot of hype around Lean Agile innovation. That’s […]