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CIOs turn to cloud-based analytics to manage IT asset costs

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Splitting Hewlett-Packard into two distinct companies is an onerous task, requiring management to wade through a complex cost structure, budgeting process and governance. Yet Ralph Loura, CIO of HP Enterprise Group, is doing just that using technology business management software that helps him gain visibility in IT assets costs of the $28 billion organization. HP will become two companies, HP Inc. and HP Enterprise, in November.

Ralph Loura, CIO of HP.

Ralph Loura, CIO of HP.

"Technology business management software allows us to democratize IT costing structure across the IT team so I can get real-time, rich analysis of where service costs are coming from," Loura tells CIO.com.

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