As technology gets ubiquitous and transforms industries, the roles of the enterprise technology leaders have gained enormous importance. The CTO, CIO functions are now seen as critical to the long-term strategy and success of the enterprise. This phenomenon is now mainstream irrespective of the size of the enterprise. The CIO / CTOs are now grappling with this new reality which expects them to deliver value across the dimensions of business agility, operational efficiency, security / compliance and innovation. The implications of these expectations are compounded for small / medium tech organizations which do not enjoy the luxury of a large tech budget, mature partner ecosystem and manpower to deploy across these functions.
The Key Question
If Finance has ERP, Sales has CRM, HR has HCM — what platform does the IT function have to manage and master their complex agenda?
A Day in Jane’s Life
Jane is the CIO of a $50M CPG company. Today, she has to rely on Excel spreadsheets to understand how she is doing on her quarterly budgets, get weekly tech project status on ppt via emails, tap into her own network in the hope of finding the right tech service provider for new projects and have her own to-do list to manage business risks and compliance requirements. She feels that delivering success for her business is a lot down to chance and super heroic capabilities of her and her teams. And curiously, it is reinventing the wheel each time!
The ITIL4 Lens
To understand Jane’s conundrum better, we refer to ITIL4 — a framework commonly adopted for the entire spectrum of IT governance from demand to value. Most of the products and toolsets that Jane and her team use today (if at all) are in the areas of Service Management. However, general management practices are equally if not more important and have an outsized impact on overall value delivered. Practices like Strategy Management, Relationship Management, Portfolio Management, Supplier Management, Risk Management, Service Financial Management and Knowledge Management are way too important, interconnected and complex to be managed manually or in silos.
A New Category: Tech Value Management
As we thought of building trmeric, we figured we had this broad problem space to solve. Hence, we set out to create a new category of software — something that brings together people, processes and technology all together. We call trmeric a Tech Value Management software. It is an AI platform that helps IT & Tech teams to reimagine how they plan, mobilize, deliver and realize max value from all their tech investments.
A New Way to Tech
Leveraging the 3 super-powers of GPS (Generative Process System aka AI infused workflows), Tango (genAI copilot) and Network (curated provider ecosystem), trmeric creates a “new way to Tech”. For someone like Jane and her team, this will not only be a productivity game changer but more importantly, empower them to amplify the business value they can deliver.
Sounds interesting? We look forward to having you on the journey.