Market Guide for IT Financial Management Tools

According to Gartner®, “The ITFM tool market continues to grow in these economically dynamic times, as CIOs are challenged to secure new project funding and justify existing run spend.” They must strengthen their IT financial management discipline to improve cost transparency, spend optimization, and budgeting and forecasting capabilities.

The Gartner report states that, “IT financial management tools provide CIOs, IT leaders and business leaders with multiple ways to aggregate, analyze and present IT spend data. This helps answer stakeholder questions related to the cost of value (the benefits and costs) for specific stakeholders, based on their interests.”

Check out this Market Guide for ITFM tools by Gartner to find out:

  • What is an ITFM tool and how can CIOs benefit from it?
  • The tipping points for ITFM tool adoption
  • Listed Representative Vendors for ITFM

And more.

Gartner, Market Guide for IT Financial Management Tools, Robert Naegle, 20 November 2023

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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According to Gartner®, “The ITFM tool market continues to grow in these economically dynamic times, as CIOs are challenged to secure new project funding and justify existing run spend.” They must strengthen their IT financial management discipline to improve cost transparency, spend optimization, and budgeting and forecasting capabilities.

The Gartner report states that, “IT financial management tools provide CIOs, IT leaders and business leaders with multiple ways to aggregate, analyze and present IT spend data. This helps answer stakeholder questions related to the cost of value (the benefits and costs) for specific stakeholders, based on their interests.”

Check out this Market Guide for ITFM tools by Gartner to find out:

  • What is an ITFM tool and how can CIOs benefit from it?
  • The tipping points for ITFM tool adoption
  • Listed Representative Vendors for ITFM

And more.

Gartner, Market Guide for IT Financial Management Tools, Robert Naegle, 20 November 2023

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.