“Digital Fuel is the only solution that can run IT like a business by defining and measuring the business value of IT” said Brett Arnott, Digital Fuel’s Director of Product Management and Product Marketing
Los Angeles, California (PRWEB)
August 30, 2017
Digital Fuel today announced updates to its IT Business Management product suite with new features for defining, measuring and benchmarking metrics. The new Metrics Engine provides all the tools needed to use metrics to improve performance, make decisions, drive strategy and direction, and to improve communication of the value of IT to the Business.
“The possibilities are endless with the new Digital Fuel Metrics Engine,” said Brett Arnott, Digital Fuel’s Director of Product Management and Product Marketing. “Every business uses metrics to measure and improve performance, and to make decisions. Digital Fuel is the only solution that can run IT like a business by defining and measuring the business value of IT.”
The Metrics Engine includes a single inventory of all metrics, powerful tools for configuring new metrics, flexible benchmarking, security controls and pre-configured reports. The Metrics Engine is available for all three Digital Fuel Editions so that organizations can track metrics for cost, service level performance, vendor performance, hybrid cloud and business value.
Preconfigured Metrics and Reports
To make it easy to get started, the Metrics Engine includes twenty-eight (28) preconfigured metrics. The preconfigured metrics include financial metrics from the Digital Fuel cost model, cloud metrics for multi-cloud management and business value metrics for showing and improving the business value of IT.
Each metric can be compared against a benchmark to get an understanding of what is working and what isn’t. There is no vendor lock-in with benchmarking, so the information will always be meaningful. Digital Fuel’s comprehensive benchmarking data can be used, or organizations can source data internally or from other benchmarking services, as well. The impact of measuring and using metrics for communication and continual improvement can be seen with month over month reporting.
Without any comparison, measuring IT Spend vs…