Wednesday, February 8, 2012

What is Technology Business Management (TBM)?

Every corporate function— sales, manufacturing, human resources — has a business management solution today except for IT. Sales executives have a Customer Relationship Management solution from Siebel or Salesforce. Manufacturing executives have an Enterprise Resource Planning solution from SAP or Oracle. Human resources executives have a Human Resources Management solution. Given the strategic impact of IT to both the top and bottom line of a company, the time has come for a solution to help CIO’s and IT executives run IT like a business.
Technology Business Management is an emerging category of software solutions designed to help CIOs and IT executives manage and communicate the cost, quality and value of IT Services.  TBM brings the best practices of financial and performance management evolved for sales and manufacturing and applies those to the complex environment of IT.