Title: Maximizing Business Value through Strategic Technology Investments: A Guide to Technology Business Management

Connecting Technology Investments to Business Value Through Technology Business Management TBM

Technology Business Management TBM is a systematic approach that enables organizations to align their technology investments with business objectives. By providing common tools, processes, data sets, and roles for IT leaders, finance managers, and business executives, TBM creates a consistent framework to translate the value of technology into business outcomes.

The TBM landscape encompasses various use cases across different industries and sectors:

1. IT Financial Management: This application focuses on managing budgets, costs, and expenses associated with IT services and projects. Through TBM, organizations can better understand the financial impact of their technology decisions on key performance indicators KPIs such as return on investment ROI, cost savings, and efficiency improvements.

2. Cloud Financial Management: As more businesses transition to cloud computing, TBM offers a way to optimize costs related to cloud infrastructure usage while mntning compliance with IT security policies and governance standards. It helps organizations forecast cloud sping, negotiate pricing, and track the ROI of cloud-based solutions agnst their business goals.

3. Enterprise Agile Planning: This application leverages agile methodologies in project management by incorporating TBM principles. It ensures that teams are focused on delivering value to -users promptly while aligning with strategic objectives. By integrating financial metrics into the planning process, organizations can make informed decisions about resource allocation and prioritize projects based on their impact.

IBM Apptio, IBM Cloudability, and IBM Targetprocess are industry-leading solutions powered by the TBM framework that facilitate these applications:

• IBM Apptio - This platform helps enterprises understand the financial value of IT assets across various departments. It provides real-time insights into cost optimization, budget planning, and portfolio management.

• IBM Cloudability - Focused on cloud sp optimization, this tool offers comprehensive visibility into cloud usage patterns and cost analysis. It supports organizations in negotiating better pricingwith cloud providers while ensuring alignment with business objectives.

• IBM Targetprocess - This agile project management solution enables tea deliver value more efficiently by integrating TBM principles throughout the development lifecycle. It helps prioritize projects based on their strategic impact, accelerating return on investment and improving overall business performance.

By embracing these tools within a TBM framework, organizations can achieve seamless integration of technology with business strategies, enhancing operational efficiency, cost optimization, and strategic decision-making. This leads to sustnable growth and competitive advantage in today's rapidly evolving digital landscape.

IBM Apptio, IBM Cloudability, and IBM Targetprocess are all part of the broader IBM portfolio, which is dedicated to empowering companies through advanced analytics, cloud services, and cognitive computing technologies.

that Copyright 2007-2024 Apptio, an IBM Company. All rights reserved, so any use or redistribution of this content should comply with applicable laws and guidelines regarding copyright usage.
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