2025 Gartner® Market Guide for IT Financial Management Tools

The ITFM tools market continues its double-digit growth rate — and for good reason. Growing economic uncertainty has increased the scrutiny around IT spend, driving cost-cutting and optimization initiatives and making ITFM tools essential to navigate these dynamic market conditions. Now more than ever, it’s crucial to understand why your IT costs so much, what value those investments are delivering, and how much funding is needed to support day-to-day operations vs. Growth and change investments. Having the right insights is key to making informed decisions, whether it’s cutting costs, funding innovation, or both and much more.

Explore this Market Guide for IT Financial Management Tools by Gartner, and we believe you’ll uncover:

  • Why is IBM recognized as a Representative Vendor.
  • Strategic recommendations for improving spend transparency and control
  • Key drivers behind market growth
  • What is an ITFM tool and its essential features?
  • Representative Vendors for ITFM

Gartner, Market Guide for IT Financial Management Tools, Robert Naegle, 28 April 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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The ITFM tools market continues its double-digit growth rate — and for good reason. Growing economic uncertainty has increased the scrutiny around IT spend, driving cost-cutting and optimization initiatives and making ITFM tools essential to navigate these dynamic market conditions. Now more than ever, it’s crucial to understand why your IT costs so much, what value those investments are delivering, and how much funding is needed to support day-to-day operations vs. Growth and change investments. Having the right insights is key to making informed decisions, whether it’s cutting costs, funding innovation, or both and much more.

Explore this Market Guide for IT Financial Management Tools by Gartner, and we believe you’ll uncover:

  • Why is IBM recognized as a Representative Vendor.
  • Strategic recommendations for improving spend transparency and control
  • Key drivers behind market growth
  • What is an ITFM tool and its essential features?
  • Representative Vendors for ITFM

Gartner, Market Guide for IT Financial Management Tools, Robert Naegle, 28 April 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.