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IDC PlanScape: Modernizing IT Financial Management with FinOps and Digital Business

Publisher IDC
Published Jun 30, 2022
Length 12 Pages
SKU # IDC17287505

Description

IDC PlanScape: Modernizing IT Financial Management with FinOps and Digital Business

This IDC study discusses the modernization of IT financial management."Most organizations recognize the need to better control their cloud spend and the need to define a new financial governance model to support the demands of a digital business," says Bob Multhaup, adjunct research advisor with IDC's IT Executive Programs (IEP). "A new digital business governance model will enable a fast, agile, and enterprise-level digital business decision-making process."

Please Note: Extended description available upon request.

Table of Contents

12 Pages
IDC Planscape Figure
Executive Summary
Why Is IT Financial Management Modernization Important?
What Is IT Financial Management Modernization?
Who Are the Key Stakeholders?
How Can My Organization Take Advantage of IT Financial Management Modernization?
Strengthen the FinOps Team to Achieve Mastery of Cloud Economics
Integrate Best Practices of ITFM and FinOps Principles and Processes into a New Governance Culture
Enable a Digital Business Service Portfolio as the Basis for Financial Analytics and Planning
Incorporate FinOps Standards and Best Practices with Business/IT Engineers
Build a Digital Business Investment Model Based upon Adaptive Planning
Advice for Technology Buyers
Related Research

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