IT Forecasting and Re-forecasting
Proactive and continuous control of IT spending
Every cost effective business needs proactive and continuous control of spending, and IT is no exception. But IT forecasting is complex with multiple dependencies. Everyone from IT product, technical, and business service owners, to IT consumers, business units, P&L and geographies need to analyze their spending. Reports on monthly, quarterly and yearly actual vs. budget must be generated. Cause of overruns must be identified. Implications of changes in demand on forecasted spend must be taken into account, or if necessary re-forecasted. Each of these is long, tedious and error prone tasks.
Simplify forecasting complexity
We automate IT forecasting and re-forecasting by providing:
- Out-of-the-box periodic actual vs. budget reports for all services, cost drivers, business units, geographies and product lines
- Observation engine to automatically flag overruns and potential overruns as well as the possible cost driver behind the overrun
- Automatic re-forecasting based on actual cost
- “What if” scenario builder to help analyze alternatives for re-forecasting by adjusting cost or usage to stay on budget
Related Resources
Digital Fuel Solution Overview
IT Cost
Management
Product Information
Why IT Cost Management Helps Optimize Spend How IT Cost Management SaaS Solution WorksSuccess Story
Cummins Saves $20 Million
