Trends Report

IT Financial Management (ITFM) In The Age Of FinOps

Enhance ITFM With FinOps

April 10th, 2024
With contributors:
Lauren Nelson , Arthur Ross , Kara Hartig


In today’s rapidly evolving technological landscape, traditional financial management practices in IT fall short in addressing the complexities of dynamic demand, third-party services like cloud, and sustainability needs. Technology executives must shift toward optimizing value and aligning expenses with changing demands. Enter FinOps — a specialized practice within IT financial management (ITFM) focusing on cloud cost optimization. This report delves into the paradigm shift required, explaining the relationship between ITFM and FinOps and providing insights for technology executives in navigating the challenges of modern ITFM effectively.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.