According to a recent analysis, amongst the top key CIO challenges for 2022 are - to assume responsibility for new business areas, sell technology as a value generator, proceed with care on automation, and make sustainability a core business priority. 

All these challenges require a deeper, commercial understanding of Technology; and its cost and value drivers.

Technology Cost allocations is the process for determining these deeper insights. It requires weaving together all layers of an organisation - the Legal Entity structure, Cost structure, Operating Model, Technology Infrastructure and Revenue model. However, increased complexity in each of these layers has rendered traditional methods obsolete. 

For example: Modern enterprises typically operate a multitude of legal entities spread over multiple jurisdictions. The pandemic has increased spend on distributed, hybrid, multicloud architecture; with a substantial advanced, distributed technologies such as RPA, AI - further contributing to complexity. 

Our product, cloudwrxs labs, handles this complexity out-of-the-box.