FAQTools Landscape & Selection
Tools Landscape & Selection
Technology stack and tool evaluation criteria
Who are representative vendors and where do they focus?
IBM Apptio: full‑stack TBM/ITFM + cloud FinOps; widely referenced TBM taxonomy; market‑education content and claims on planning cycle reduction and savings. Nicus: ITFM platform with planning, cost modeling, benchmarking; FMDB for ServiceNow financial data backbone. MagicOrange: ITFM + FinOps (AI‑assisted insight positioning; FinOps Foundation member). ServiceNow ecosystem: native cost models, CSDM integration; Proven Optics TBM cost modeling apps (public sector & enterprise). Broadcom Clarity PPM (ValueOps): deep project/portfolio financials with current "New Financials" module.
What do analysts say about the market?
Gartner publishes a *Market Guide for IT Financial Management Tools* (2025 edition referenced by IBM Apptio community and Apptio). (Note: access often requires registration). Forrester assesses Cloud Cost Management & Optimization (CCMO) solutions; its definition of CCMO capabilities aligns with blended ITFM/FinOps practices. IDC highlights multicloud management and "cloud economics/FinOps" as enduring priorities in 2024--2025. Selection criteria checklist: integration breadth (ERP/GL, cloud bills, CMDB), allocation engine depth, TBM/FinOps alignment, forecasting, commitment analytics, audit trail, and time‑to‑value via packaged models.