Know Your Numbers

ITFM | FinOps | Shared Services

MagicOrange provides crystal-clear line of sight into expenses and cost-drivers. With clear line of sight comes indisputable traceability, accountability, and the data necessary to drive profitability and investment decisions.

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Providing Enterprise Financial Management For World-Class Organisations

Vitality Sanlam KANTAR SPAR eHealth Queensland Intersnack ARM Belfius DERIVCO experian absa Investec NTT coca cola exxaro

See How MagicOrange Changed The Game At SPAR

SPAR leveraged MagicOrange’s flexible ITFM platform to bring clarity to its financial operations across IT, logistics, and property costs. By accurately allocating total costs across 20+ brands, SPAR gained unmatched transparency and accountability, leading to better-informed decisions and improved financial performance. This integration set a new benchmark in retail financial management, enhancing SPAR’s ability to manage expenses effectively across the organisation.

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Oscar Stark From Liberty Insurance On MagicOrange’s Impact

Oscar Stark from Liberty Insurance praises MagicOrange as a pivotal partner in their digital transformation. MagicOrange enhanced communication and transparency across the organisation, offering crucial insights into their technology stack. The platform was instrumental in managing the complexities of cloud migration, providing a stable roadmap for a smooth transition. Stark highlights that MagicOrange’s actionable intelligence was essential for balancing innovation with financial responsibility.

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Chris Barnes From Experian Explaining MagicOrange’s Impact

Chris Barnes from Experian discusses how MagicOrange drives both tactical and strategic wins. By enabling control over key financial fundamentals—like tower management, consumption-based billing, and cost optimisation—MagicOrange helps organisations understand the true total cost of ownership across their IT estate. This foundational focus not only optimises costs but also paves the way for bigger strategic achievements, enhancing overall business value.

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Convergence FinOps
Convergence ITFM
Convergence SharedServices

Finance + DevOps (FinOps)

FinOps merges financial discipline with cloud optimisation, turning cloud expenses into strategic investments. Practitioners ensure that every dollar aligns with business goals, enhancing value and performance. By optimising cloud usage, FinOps fosters collaboration between IT and finance, enabling agile financial management and ensuring that cloud investments are efficient, transparent, and impactful.

Learn About MagicOrange’s FinOps Capabilities

IT Financial Management (ITFM)

By integrating financial management with IT operations, ITFM practitioners provide a critical framework for optimising IT costs and enhancing financial visibility. Through detailed cost allocations, precise budget tracking, and insightful financial analysis, ITFM ensures that every technology investment aligns with business goals. This strategic alignment not only drives financial performance but also fosters transparency, enabling organisations to make informed decisions that boost both operational efficiency and profitability.

Learn About MagicOrange’s ITFM Capabilities

Shared Services

By centralising operations and consolidating management functions, Shared Services teams create a strategic framework for optimising efficiency and reducing costs. This approach improves service delivery through unified processes and resource pooling, ensuring that operational activities align with organisational goals. The result is enhanced transparency and streamlined operations, enabling organisations to make informed decisions that drive both cost savings and improved service outcomes.

Learn About MagicOrange’s Shared Services Capabilities

GARTNER® QUICK ANSWER
When should CIOs implement FinOps, ITFM or both?

See the latest research from Gartner on when you need to focus on ITFM vs. FinOps

Spoiler alert.  They are both vital to the financial health of your organisation.
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Problems We Solve
Spreadsheet Sprawl
Scattered, undependable data undermines IT leaders and often impacts relationships with key stakeholders.
Resolving Data Sprawl
Duplicative Spend
Hidden costs and cost optimisation don’t mix. The blend keeps operational excellence out of reach.
Resolving Data Sprawl
A Transparent Bill of IT
A trusted bill of IT remains elusive for most enterprises. This can cripple acceptance of showback or chargeback programs and can make stakeholder-specific reporting a massive challenge.
Producing A Clean Bill Of IT
Digital Transformation
Digital transformation needs strong, centralised cost management.
Guiding Digital Transformation
Driving Profitability
Inadequate TCO and ROI undermine product line profit optimisation and process improvement efforts.
Driving Profit Optimisation

 

 

 

“The two biggest game changers for us were the manner in which MagicOrange brought together the cost transparency and a credible recharge model based on consumption of services as opposed to just a cost allocation model. This will further assist us in optimising costs and an important step to calculate ROCE at a brand level. The MagicOrange team fully delivered on our challenges and exceeded our expectation in the way their experts understand and care for our business success.”

Marlize Van Der Westhuizen, Head of Finance IT & Logistics, The Foschini Group

 

 

AWARDS AND RECOGNITION

❮
CIO Review
Research In Action
Gartner
Forrester
451 Research
❯
Recognised by CIOReview - "Most Promising FinTech Solutions Provider, 2024"
1st Place - Top Global Vendors 2024 - ITFM and TBM Vendor Selection Matrix
MagicOrange named one the 100 most exciting startups in the 2024 Europa Awards Hottest Startups
MagicOrange has been recognized by Gartner® for four years as a leading ITFM solution
MagicOrange is delighted to be noted in the Cloud Landscape Report by Forrester®
As featured in the 451 Research® : FinOps Market Monitor & Forecast

 

 

“Now, more than ever, we have a clear need for an ITFM solution and look forward to realising significant benefits on a number of fronts. Even though we are only at the start of our ITFM journey with MagicOrange, we are already seeing significant progress in the desired direction.”

CIO, Exxaro Resources

 

 

 

Key Results
Indisputable TCO
MagicOrange delivers IT cost transparency, aligning investments with business goals for proactive optimisation. Eliminate cloud overspend, enhance TCO insights, and drive sustainable growth.
TCO
Cost Optimisation
MagicOrange optimises IT spend management across on-premises, hybrid, and cloud environments. Streamline budgeting, boost cost transparency, and maximize ROI with precise control and tailored insights
Cost Optimisation
Transparent Chargeback
MagicOrange enhances financial oversight with advanced showback and chargeback automation. Gain real-time visibility, optimise cost recovery, and ensure transparency and accountability.
Showback & Chargeback
Bill Of IT
MagicOrange provides precise cost visibility through showback and chargeback, integrating detailed cost breakdowns for cloud and on-premises. Manage digital transformation costs with precision.
Producing A Clean Bill Of IT
IT Investment Optimisation
Transform IT investment strategy with MagicOrange. Optimise performance with strategic insights, accurate ROI metrics, scenario modeling, and resource allocation to maximize returns and profitability.
Driving Profit Optimisation

 

 

Resource Center
VIEW RESOURCES
Best Practices

Application Total Cost Of Ownership Optimisation

Total cost of ownership, TCO is a comprehensive assessment of information technology, IT or other costs across enterprise boundaries over time. For IT, TCO includes hardware and software acquisition, management & support, communications, enduser expenses and the opportunity cost of downtime, training and other productivity losses.
White Papers & Infographics
Customer Stories

How The Foschini Group Gained Holistic Cost Optimisation With Magicorange

Articles
Expert Opinions

What are the Benefits of IT Cost Allocation?

Videos
Best Practices

Criteria for Consideration & Selection for ITFM Tools

Videos

 

 

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