Technology Business Management

Management framework that helps IT departments to achieve their potential

MagicOrange offers TBM solutions to provide technology leaders with standards and validated best practices to communicate the cost, quality, and value of IT investments to their business partners. Successful TBM solutions implemented with MagicOrange include 5 major focus areas: Taxonomy & Service Catalog, Cost Model, KPI Metrics, IT System and Operational Framework.

Profitability and Cost Transparency of Shared Services

Transforming the way businesses see their costs

One of the most challenging parts of functionally mastering and executing a costing methodology is the allocation of shared services costs across the organization.  MagicOrange Profitability & Cost Transparency processes financial and shared services data, allowing the creation of cost allocation models and KPIs resulting in high-value insight into costs.

Whitepaper - Effective Allocation Methods

We bring clarity to allocation methods and how they influence your cost modelling

MagicOrange supports all allocation configurations and has the ability to cater for all known allocation methods. MagicOrange experts assist our customers in deciding on the best allocation methodology based on the organizational structure culture, strategy and reporting requirements associated with their chargeback needs. In order for Business Units to determine true profitability, their usage of Shared Services must be determined.  A charge back mechanism facilitates this and aids in driving organizationally aligned behavior. The most equitable and defendable basis for allocations is based on real world consumption. Follow the link to download the full report.

Cost Optimisation At The Foschini Group

The importance of robust and granular chargeback model in retail environment

To determine a total cost of ownership (TCO) it is vital for organisations to place a single value on the complete life cycle of a capital purchase. This value includes every phase of ownership, from acquisition through operation, and includes the softer costs of change management, such as documentation and training. "The MagicOrange team fully delivered on our challenges and exceeded our expectation in the way their experts understand and care for our business success,” states our customer.

Planner Module Implemented At Large Bank

The importance of planning in financial services

Modern financial services enterprises understand the need to allocate costs accurately within a shared services environment, in order to make business units directly accountable for the services they consume. MagicOrange successfully implemented a system to manage the recording and allocation of human capital costs for the IT staff at a large bank. Our customer says that the success of this implementation was due to the strong capabilities of the MagicOrange development team, which was able to deliver clear business value within a very short period of time.

Cost Optimisation At The Foschini Group

The importance of robust and granular chargeback model in retail environment

To determine a total cost of ownership (TCO) it is vital for organisations to place a single value on the complete life cycle of a capital purchase. This value includes every phase of ownership, from acquisition through operation, and includes the softer costs of change management, such as documentation and training. "The MagicOrange team fully delivered on our challenges and exceeded our expectation in the way their experts understand and care for our business success,” states our customer.

Full Transparency of Cloud Consumption and Cost

MagicOrange facilitates effective tracking and control of your cloud consumption related costs

Our customers achieve complete transparency of their Cloud costs and benefit from frequent visibility to detect trends and anomalies. Waiting for month-end is not an option with the Cloud. They integrate Cloud costs into their existing ITFM/TBM model to monitor Total Cost of Ownership (TCO) and compare this to on-premise options.

Whitepaper - Effective Allocation Methods

We bring clarity to allocation methods and how they influence your cost modelling

MagicOrange supports all allocation configurations and has the ability to cater for all known allocation methods. MagicOrange experts assist our customers in deciding on the best allocation methodology based on the organizational structure culture, strategy and reporting requirements associated with their chargeback needs. In order for Business Units to determine true profitability, their usage of Shared Services must be determined.  A charge back mechanism facilitates this and aids in driving organizationally aligned behavior. The most equitable and defendable basis for allocations is based on real world consumption. Follow the link to download the full report.

MagicOrange joins FinOps Foundation

MagicOrange is delighted to announce that we are now a general member of the FinOps Foundation, enabling organisations to get maximum business value by helping their various teams to collaborate on data-driven spending decisions. We are passionate about the goal of the FinOps Foundation, to advance people who practice cloud financial management, and to adopt the FinOps Framework with the best practices as part of our organisation.