UII UPDATE 304 | NOVEMBER 2024
Intelligence Update

Why technology business management does more than FinOps

The delivery of any application requires an assortment of technologies and skills. A simple website requires data center infrastructure, server hardware, operating system and middleware licenses, as well as employees to manage each of these layers of the stack.

In the cloud, the practice of FinOps (short for financial operations) is gaining traction as a means of tracking and managing costs. For a broader view of all IT costs, however, many larger enterprises are adopting technology business management (TBM) frameworks, practices and software.

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