IT Business Management

This IT Business Management 2 Minute Overview
provides an overview of the BSM for IT Business Management solution

Efficiently manage the business of IT with complete visibility into — and control over — IT costs, projects, people, activities, suppliers, assets, compliance, and budgets with BMC BSM for IT Business Management.

BSM for IT Business Management provides CIO’s and IT leaders with an integrated and modular solution to manage the business of running IT. Supporting centralized management of IT financials, suppliers, project portfolios, sustaining activities, people, and compliance, BSM for IT Business Management delivers the visibility and control required to improve business alignment, reduce costs, and provide more business value.

BMC BSM for IT Business Management:

  • Delivers comprehensive transparency into — and control over — the resources and associated costs required to provide IT services to the business.
  • Provides a standard process for capturing demand, as well as a means by which it can be prioritized and managed based on business goals and objectives
  • Controls the full lifecycle and total cost of IT suppliers and related assets — from evaluation to retirement
  • Manages governance and compliance objectives across all the critical functions of IT, rather than in just a single domain
  • Enables IT to budget and forecast expenses from the perspective of IT resources, activities, and their associated costs — spanning both project and operational efforts

BMC provides modular and integrated IT Business Management solutions in five areas:

  • IT Cost Transparency
  • Project and Portfolio Management
  • Supplier and Asset Lifecycle Management
  • Governance and Controls Management
  • Financial Planning and Analysis

With BSM for IT Business Management, you will have a more collaborative relationship with your business counterparts through increased transparency into IT value, costs, and priorities.

IT Cost Transparency
IT Cost Transparency delivers comprehensive transparency into — and control over — the resources and associated costs required to provide IT services to the business. The BMC solution provides IT leaders the information they need to improve decision-making, effectively communicate the cost and value of services to stakeholders, and capitalize on business opportunities and risks.

Project and Portfolio Management
Project and Portfolio Management provides IT organizations with a standard process for capturing demand, as well as a means by which that demand can be prioritized and managed based on business goals and objectives. Designed exclusively for IT, this solution enables you to identify and prioritize the highest value projects and other sustaining and operational work. It also establishes consistent processes to balance supply and demand, increase transparency, improve staff productivity, and control risk.

Supplier and Asset Lifecycle Management
Supplier and Asset Lifecycle Management controls the full lifecycle and total cost of IT suppliers and related assets — from evaluation to retirement. Unlike other solutions, BMC delivers a multi-tenant solution that seamlessly integrates into other ITIL® workflows, including financial, compliance, change, project, incident, and problem management, to deliver the operational context needed to reduce downtime and improve service quality.

Governance and Controls Management
Governance and Controls Management enables IT organizations to manage governance and compliance objectives across all the critical functions of IT, rather than in just a single domain. With BMC, IT compliance professionals can leverage industry-standard governance frameworks, such as CobiT and ITIL, in conjunction with in-house standards and best practices, to manage and automate multiple compliance programs. With BMC, governance frameworks can be easily applied to support any part of the compliance lifecycle.

Financial Planning and Analysis
Financial Planning and Analysis addresses the unique financial planning and budgeting needs of IT. By centralizing IT budgeting and planning as part of an integrated IT management process, the BMC solution enables IT managers and finance staff to focus more on strategic analysis and decision-making (and less on data-entry) — all while managing budget variance. Built specifically to meet the needs of IT, the BMC solution enables IT leaders and managers to inventory, budget, and forecast expenses from the perspective of IT resources, activities, and their associated costs — spanning both project and operational efforts.

Rapid Time to Value
BMC brings together best practices in IT business management and enterprise application deployment to ensure rapid time to value for clients. These solutions were developed by former CIOs and IT executives who are experts in IT management and who have established best management practices for a multitude of IT domain areas. Deployments are designed to be implemented rapidly, delivering value immediately — usually in less than 90 days.

 

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