IT financial management (ITFM) tools provide CIOs with the detailed cost and consumption analysis required to run IT like a business. These tools are designed to improve IT financial decision making by providing multiple views into the total cost of IT. The overarching requirement that bounds the ITFM market is the desire to understand IT spend at a total cost view. This means the aggregation of all relevant IT costs, whether at the technology, application or services level, or from an investment perspective.