Although Information
Technology is one of the largest
expenditures in the enterprise,
one of the most difficult challenges
faced by a CIO is justifying the
connection between IT spending and
business value. The majority of
today's IT organizations rely upon
a planning and control environment
consisting of point solutions such
as spreadsheets, email and internally
developed tools. Armed only with
these disconnected islands of data,
most IT organizations lack the ability
to track and analyze costs by the
business processes and applications
they support.
CIOs and other IT executives lack
a comprehensive business analysis
solution for managing and analyzing
IT financials across both project
and ongoing spending. Without the
ability to translate IT costs into
business value, IT is unable to
communicate with the CFO and with
client organizations in a common
financial and business-centric language.
This inability makes IT costs appear
arbitrary and perpetuates the image
of IT as a cost center.
Thirdware works with IT services
companies to provide the visibility
and control required to track
every IT purchase throughout the
enterprise and manage the connection
between business demands and IT
resources.