Technology Business Management as a Driver of IT Governance, Risk, and Cybersecurity Improvement: A Case Study of Integrating TBM with COBIT Framework

Abstract

In this case study, we evaluate the benefits of implementing a Technology Business Management (TBM) tool at Leovia North America. TBM is a methodology for leveraging data from Finance, IT Infrastructure, IT PMO and Applications to develop a real-time mapping of IT costs to services. We also highlight where IT governance framework COBIT and its control objectives related to risks and cybersecurity are addressed by TBM, in order to prove the framework's strategic value creation potential.

Management and Technical IT Priorities for Digital Organizations in 2022

“…This is a very difficult exercise especially for resources shared across different and/or extensive IT infrastructures, including the cloud. These needs pave the way for adopting new IT financial management frameworks, such as the TBM (Technology Business Management) framework (Jaeckels & Yin, 2020) where costs per application consolidating the costs of the entire underlying IT stack are mapped to business applications, whose business owners are charged either in terms of resources and/or real accounting costs. 3. Business Process Management (BPM) has been identified as the single most important technology project they were working on 10 , by 6% of IT leaders.…”