target audience: TECH BUYER  Publication date: Jun 2022 - Document type: IDC PlanScape - Doc  Document number: # US49278322

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

By:  Robert Multhaup

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Content

List of Tables

List of Figures



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Table of Contents


  • IDC Planscape Figure

    • Figure: IDC PlanScape: Executive Summary of IT Financial Management Modernization with FinOps and Digital Business

  • Executive Summary

  • Why Is IT Financial Management Modernization Important?

  • What Is IT Financial Management Modernization?

  • Who Are the Key Stakeholders?

    • Table: Digital Business Governance Teams and Roles

  • 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

    • Figure: Creating a Merged FinOps and ITFM Culture with Common Principles and Processes

    • Enable a Digital Business Service Portfolio as the Basis for Financial Analytics and Planning

    • Figure: Merging FinOps and ITFM Data into Digital Business Service Portfolio

    • Incorporate FinOps Standards and Best Practices with Business/IT Engineers

    • Figure: Build a Software Factory to Integrate Business/IT Cloud Standards and Procedures

    • Build a Digital Business Investment Model Based upon Adaptive Planning

    • Figure: Digital Business Investment Model to Enable Adaptive Planning of Workloads

  • Advice for Technology Buyers

  • Related Research