Conference Registration and
Full Breakfast Buffet sponsored by
a leading provider of Technology Financial Management solutions
IT Best Practice Financial Skills – Raising Your Level of Financial Awareness Michael Gentle, Founder and Consultant
IT Project Financials
IT professionals may be well?schooled in project delivery and service management, but they generally have a low level of financial awareness, with little idea of how their everyday work impacts the company’s financial statements. For example, one of the speakers at last year’s ITFMA conference lamented that she had service managers who didn’t know the difference between capex (capital expenditures) and opex (operating expenditures). A recent IT Project Financials poll echoes the same findings, with hardly 50% of respondents who understand what depreciation is and how it applies to IT systems. You can assemble the best teams and meet all of your milestones or service level agreements, but at the end of the day, your projects and applications live or die by their financials, from planning and budgeting to cost management and chargebacks. This session will help you understand the current state of the union, and come away with suggestions for quick wins and long?term change to help you better integrate IT financials into your project and service delivery frameworks.
Shifting the Paradigm: Using Financial Management to Drive Technology as a Strategic Initiative Lee Jaffe, Controller
Technology is increasingly becoming not just a cost component of most businesses, but in many cases is making the shift to a strategic initiative that drives a company’s competitiveness and profitability. In this session, learn how as a finance leader, you can be a catalyst to drive this change. Topics covered include:
• Packaging financial data to tell the IT value story
• Becoming a trusted business partner – getting a seat at the table and using it to drive IT value based decisions
• Partnering with IT and procurement – how Finance, IT and Procurement working in concert create a greater synergistic value than the sum of their parts
• Learning the IT basics – how gaining a high level understanding of the subject matter and keeping current keeps you in the driver’s seat
• Focusing on what matters – using the lens of materiality to manage more with a leaner Finance team
The Duties of the Finance Manager Penny Collen, Consultant – IT Finance and Chargeback
Just what does it mean to be a Finance Manager? What are the duties one is normally expected to perform? What skills should you look for (or add to your resume) to be successful. This is a fun discussion of a trip through the day in the life of a Finance Manager and the issues encountered along the way.
The State of IT: Trends for 2011 and Beyond Bob Simko, Executive Director
International Technology Group
Latest industry trends, buzzwords, along with vendor and user strategies are updated and presented. This session includes coverage of cloud computing, social media, mobile computing and other topics of interest. Also addressed are changing trends in outsourcing and offshoring.
Managing IT Risk: New Trends and Approaches Brian Jeffery, Managing Director
International Technology Group
Recent trends in quantifying and managing IT risk across such domains as security, privacy, disaster recovery and compliance are examined. Includes discussion of regulatory and legal developments, and outlines new integrated approaches to developing risk exposure models and mitigation strategies. Results of current research into risk management for IT are also presented.
The Real Business Value of IT Transparency: Overcoming False Transparency Jeff Yoder Vice President, Strategic Partnerships and Global Marketing Strategies
This is a discussion on how IT Finance Executives can provide comprehensive insight into the actual technology resources and the associated costs consumed by each part of the business. Learn how the associated, clear accountability can be established and how IT can help the business make better decisions about its use of technology.
Using Tools to Produce Better Business Results from ITFM (Software Demonstration) Blair DeSio, Senior Sales Engineer
Using manual methods, Excel, or databases cannot scale to handle the complexity of today’s IT Financial Management (ITFM) needs. In this session we’ll talk about how automating reporting and processes with commercially available tools, like those available from Digital Fuel, dramatically increase the value of ITFM. This session will include:
• Introduction to how ITFM tools work – data, reporting, and process automation
• How to get started, and how long it takes - really
• Live demonstration of the Digital Fuel product including modeling, computation, "what-if”, and analysis
• Best practices for getting more from an ITFM implementation
We will also include real-life examples of how our customers are using our solutions to solve their ITFM challenges.
Digital Fuel, a leader in IT Cost Management and Visibility Solutions, invites you to join us for some delicious food, refreshing drinks, and informal conversations in a relaxing atmosphere. This will be an enjoyable opportunity for you to network with other conference attendees and (if you feel so inclined) learn about Digital Fuel's leading Service Management Solution.
easy to use and fast to deploy IT Financial Management SaaS solutions
The Essential Financial Metrics for Running IT like a Business Todd Tucker, Director, Strategic Marketing
Most CIOs face more pressure than ever to deliver measurable value to the business. For most organizations, the value of IT remains subjective or, at best, measured in terms that are not familiar to the rest of the business. The solution is to run IT like a business, not a cost center, and express value in the financial terms that are familiar to the business. In this session, we will discuss the essential business metrics for IT, along with how to evaluate them to make meaningful decisions. We’ll share insights into IT performance management, linking to tools such as balanced scorecards and IT project and portfolio management.
The Top Ways to Reduce You Company's IT Spending Brian Stedman Vice President, Product Management
This session reviews the various ways for using technology resources that impact the top and bottom line in your organization. Also learn how to effectively communicate the value of IT throughout your organization.
One Size does not Fit All – the Myth of the Universal Cost Model Penny Collen, Consultant – IT Finance and Chargeback
Building a cost model should be a simple exercise in an Excel spreadsheet. Why is it that the results seem to always create more questions then they answer? Is your cost model "fit for purpose"? This session offers some thoughts on how to include the right components in your cost analysis to achieve the "right" answers.
The State of Government IT Bob Simko, Executive Director
International Technology Group
Latest trends focused on government IT are presented. Includes coverage of consolidation and shared services, cloud computing and virtualization, as well as trends in IT governance and financial management. Main emphasis is placed on state and local government with discussions of relevant federal government trends.
A Critical Component of Your Asset’s TCO Daniel Abell, Vice President
The cost of energy is becoming an increasingly important factor in determining the total cost of ownership (TCO) of an IT asset. With the continuing focus on green house gas emissions, as well as the increasing cost of energy, decisions regarding cloud computing, virtualization, technology refresh, and the corporation’s sustainability strategy are all impacted by the energy consumed by IT assets throughout their lifecycle. Organizations that recognize this cost component are positioned to make better investment decisions and to more fully understand the operating expenses of their IT asset portfolio. This presentation will discuss how you can recognize and analyze these costs and look at how this additional factor may well change critical IT investment decisions.
The Expanding Role and Responsibility of IT Finance Robert Mischianti Vice President
Nicus Software, Inc.
IT Finance organizations are being pressed to change and expand. Several different forces, including demand for better visibility, new technologies and overall market conditions are creating a greater demand for IT financial analysis and data. What measures can we take to meet our new challenges?
The Importance of Policy Management Phara McLachlan, President and Chief Executive Office
With the business world in a constant state of change, many IT managers find themselves struggling to keep up with policy management. More often than not, policies are created but not properly implemented, resulting in employee non-compliance and eventually it will affect the business as a whole. In terms of Risk Management, maintaining effective policies within an organization can protect against liability. Many organizations use old methods, such as costly intranets, to post policies, which get lost and are never really understood – deeming them ineffective. This session will offer tips for IT managers looking to properly implement policy documents from creating the actual policy to employee communication and "policing” violators. Highlights of the session will include:
• Case-study examples of both right and wrong policy scenarios
Moving Beyond Data Management: How Apptio Streamlines Data Acquisition and Enables Activity-Based Costing, IT Benchmarking, and What-If Analysis (Software Demonstration) Michel Feaster, Vice President, Products
Many IT financial managers spend more time updating spreadsheets than providing the CIO with analysis to help drive IT investment decisions. It's time IT Finance had their own financial planning and analysis tools to provide real-time activity-based service costing, IT benchmarking, and what-if-analysis. Come see a demo of how Apptio delivers these capabilities, along with collaborative service-based budgeting and a Bill of IT to communicate cost, quality and value with the business.
Automating IT Finance (Software Demonstration) Robert Mischianti, Vice President
M-PWR enables customers to transition from spreadsheet-based IT financial management tasks to a process-centric application that delivers automation, scalability, detail audit tracking, web-based reporting and much more...Define and validate your own processes, integrate all of your data elements in one place, satisfy stringent audit requirements, and automate to save time.
Relax. Come join us for some food and a drink after a long day, and possibly pick up a prize to take home. Apptio is hosting a social networking reception: just a casual time to talk with your peers and unwind.
the leading on-demand IT Cost Transparency solution
Conference Registration and
Full Breakfast Buffet sponsored by
a leader in Mission-Critical Networks
What Now? Moving IT Costing from Implementation to Analytics Christopher Dedera, Principal Associate
B I Solutions Group, LLC
IT Cost Management efforts are primarily focused on the implementation of the costing model and system. IT organizations, however, do not decide to implement IT Costing to just build models. They implement them to get the benefits of the information they produce. This session will focus on how IT organizations can successfully move from building the IT costing model to developing the analytics around the IT cost data. Traditionally IT organizations have difficulty documenting the accomplishments of IT costing beyond the model implementation. Techniques for documenting IT costing accomplishments will be presented. The key learning points include recommendations for moving the IT costing effort into an analytical mode and how to document the successes that result from IT costing.
Information and Communication Technology (ICT) Project Success Improvement with Scope Management Carol Dekkers, President
Quality Plus Technologies, Inc.
With the Standish group's CHAOS report proclaiming ICT project success on a mere one-third of projects, project managers have an obligation worldwide to gain control of the situation. Through concrete scope management processes, ICT project managers can learn and embrace proven approaches that measure the size of software projects, streamline the requirements articulation and management, and impose solid change management controls, to keep projects on time and on budget. Scope management is not rocket science, however, with 2/3 of the world's ICT projects deemed as failures, it is apparent that managing scope is not a natural byproduct of project management. Learn approaches and tips used in Europe, Australia, and North America that have dramatically increased the success on ICT projects by trained scope managers. This session covers:
• Introduction to unique project management issues on ICT projects
• Scope management as knowledge area – opportunities and concepts for ICT projects
• Scope manager role and responsibilities
• Scope management processes and areas of application
• How to apply solid scope management for success on ICT projects
IT Financial Management Best Practices for CIOs Cathleen Nilson, IT Financial Manager
This session describes the common IT Financial Management challenges companies are facing today and outlines the best practices of IT Financial Management for CIOs. Also, an approach that enables IT Financial Controllers to be a value added strategic partner for CIOs is discussed. The approach addresses:
• Demand focus for budget planning and prioritization
• Cost visibility for spend tracking and benchmarking
• Forecast accuracy for quarterly reporting and guidance
• Automation to simulate trade-off between baseline and investment
• Optimization to spend the least but deliver the most business value