Turning IT Spend into Strategic Value: IT Financial Management - SERVICEWARE

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Overview

In this masterclass, Dr Christopher Boortz, Partner, and Edward Bass, Senior Vice President International Business, at SERVICEWARE explore how organisations can align technology investment with business outcomes at a time when IT budgets are under increasing scrutiny.

Through a lively double act and real-world examples, they show how ITFM and FinOps help organisations overcome siloed data and operational complexity to achieve full cost transparency, optimise spend and enable more agile, data-driven decisions.

Key takeaways

  • IT Financial Management changes the perception of IT from a cost centre to a value centre.
  • Like a constrained sports payroll that still wins titles, IT's portfolio of projects, products and services should create as much value as possible for business partners.
  • Finance often applies top-down pressure to deliver for less without asking the right questions; benchmarking your infrastructure gives a better answer.
  • Allocating costs on actual consumption rather than guesswork tariffs builds transparency and accountability, and benchmarking can reveal savings such as over-specified VDI.
  • Many organisations are already doing ITFM without realising it, and a single, trusted set of data lets large IT departments plan with confidence.

Watch the full session on YouTube: IT Financial Management Masterclass - Turning IT Spend into Strategic Value - SERVICEWARE

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