Analyst studies have shown that companies spend over 73% of their IT budget on day-to-day IT operations. While IT organizations have made great strides in measuring the performance of the technical infrastructure they have not been as proactive in understanding and communicating the total cost and value of the services they deliver to the business units.

PlanView is applying a portfolio management discipline that has been proven in strategic and project planning to bring visibility for both IT and business leaders for make critical decisions on providing IT services. PlanView Service Portfolio Management shows executives how they can reallocate costs from day-to-day operations to new strategic technology initiatives. Imagine how reducing service delivery costs by even 5% could increase the funding of new strategic initiatives by over 20%.

• A Dynamic Visual Topology of the relationships between assets, applications, projects, business services and service portfolios
• Application Portfolio Optimization processes and tools to maximize your investment in applications
• Service and Application Dashboards reflecting financial, effort and performance metrics
• A Service Catalog to enhance communications between IT and the business units
• Project and other labor linked to service delivery
• Business service level agreements
• Linking of service demand management into the overall strategic and project lifecycles to offer comprehensive IT management and governance processes.
  

The goal of all business strategies is to realize Business Benefits. Often it can take months or years to realize the business benefits from a decision. Many factors can impact future performance and often a single project or service is only a part of the bigger picture.

SPM links strategies and projects to the IT assets and business services that they deliver. The benefit is a management process that is results orientated. Communications between IT and the business units are improved. There is more visibility into decision-making process offering better alignment of resources with the expected business benefit. The IT organization can show dramatic improvements in their contribution to business benefit realization by collaborating with the business units throughout the decision-making process.

Learn about the SPM best practices: PRISMS ...