Custom Modeling Tool to Manage IT as a Service Business
We build sophisticated cost models for customers using the ITin3D© cost modeling tool. IT Business Dimensions services customers who have the need to consolidate multiple disparate datasets of information into a unified cost/consumption model so that the new unified model information can provide high quality insights into business cost performance improvements. ITBD provides deep experience in designing and building IT service based cost models, but the modeling methods of ITin3D© can be exploited for almost any model building subject matter
ITin3D© data analytics and business decisions are typically focused on optimizing the cost/value equation of each IT service. By clearly defining each IT service, defining its fully loaded and unit costs, and defining how the IT service impacts the customer's business, then each service can be better managed to optimize both the cost basis of the service and the value contribution of the service. Once this information is known, then services can be compared to the outside market, can be evaluated against technology options such moving to a cloud based solution, and measuring how large an impact the service is having on the business objectives of the IT customer.
The ITin3D© model provides a forward-looking 'Scenario Management' module which supports any planning exercise including budgeting, strategic planning and other major initiatives. Scenario Management is designed around the concept of defining a clear cost baseline from the current service portfolio and then enabling the forward projection of these costs based upon various scenarios that the customer wants to investigate and compare. This capability enables detailed zero based budgeting processes to be developed based upon a clear cost basis.
In addition to general budgeting, his forward capability can be applied to many IT business problems such as 'go to cloud' opportunities, data center migrations, sourcing evaluations, etc.