2026 Joint Benchmarking Initiative by Serviceware & McKinsey

Benchmark Your IT Costs Against Relevant Peers

Compare your IT budget, service costs, run/change investment, and cost structure with organizations like yours. Receive decision-ready insights that help you identify optimization opportunities, support budget planning, and demonstrate where IT is already creating value.

financial-man-with-dashboard-serious

Benchmark internally. Compare externally.

Making confident IT investment decisions starts with meaningful comparisons.

External benchmarking shows how your IT costs, service portfolio, and investment profile compare with similar organizations. It helps you understand where you're competitive, where costs differ from peers, and where optimization opportunities may exist.

To turn those insights into action, you also need continuous internal benchmarking. By comparing costs across business units, services, vendors, regions, and reporting periods, you can identify cost outliers, measure the impact of optimization initiatives, and track progress over time.

Together, external and internal benchmarking provide the evidence needed to prioritize investments, validate optimization initiatives, and make more confident IT decisions.

Continuous Internal Benchmarking

  • Compare business units, services, vendors, and regions
  • Identify internal cost outliers and optimization opportunities
  • Measure the impact of optimization initiatives over time
  • Support operational and financial decisions throughout the year

Annual External Benchmarking

  • Compare your IT organization with relevant peer organizations
  • Validate your cost position against market benchmarks
  • Gain an independent external perspective on IT spending
  • Support annual budget planning and strategic investment decisions
cookie-rgb-gradient

Serviceware’s 2025 ITFM Trend Report shows that improving financial visibility can reduce cost-related queries by 95%; yet most CIOs still struggle to integrate vendor and contract data across the enterprise.

Read the report
30%

AI is already consuming up to one-third of change budgets

Source: McKinsey & Company

46%

of savings initiatives tied to IT cost reduction fail due to irrelevant peer comparisons

Source: Metrics.biz, 2025

67%

of CIOs cite cost optimization as top priority, but lack tailored peer benchmarks

Source: Gartner, 2025

What will you learn from the 2026 IT Benchmark?

The 2026 Joint Benchmarking Initiative helps you answer the questions that matter most when planning your IT budget, evaluating cost efficiency, and prioritizing future investments.

Are our IT costs competitive?

Compare your overall IT budget, service costs, and spending profile with relevant peer organizations to understand where your costs align with the market, and where they don't.

Are we balancing run and change investment effectively?

Benchmark your run/change investment profile to see how your spending compares with organizations balancing operational stability and future growth.

Which costs should we investigate first?

Identify IT towers, services, and cost categories that differ from peers, helping you focus analysis where it can have the greatest impact.

Where is IT already performing well?

Validate areas where your IT organization is cost-efficient and use objective benchmark data to support discussions with finance, business stakeholders, and executive leadership.

Where should we optimize, defend, or reinvest?

Receive a Benchmark-to-IT-Value report with actionable optimization hypotheses to support budgeting, procurement, vendor negotiations, and technology strategy.

Join the 2026 Benchmarking Initiative
consulting-woman-explaining-to-man-pointing-to-laptop

Benchmarking is only as good as the data behind it

Reliable benchmarks require more than financial data. To make meaningful comparisons, costs need to be consistently structured, allocated, and mapped to the services they support.

The 2026 Joint Benchmarking Initiative provides an external perspective on how your IT organization compares with relevant peers. Serviceware Financial extends those insights through continuous internal benchmarking across services, business units, vendors, and reporting periods.

Using a standardized IT cost model, Serviceware Financial helps organizations understand where costs differ, monitor the impact of optimization initiatives, and continuously improve IT cost efficiency throughout the year.

Together, external and internal benchmarking provide a stronger foundation for budgeting, procurement, and technology investment decisions.

Benchmark-Dashboard
  • Understand where costs differ

Compare business units, services, vendors, and regions to identify cost outliers and opportunities for improvement.

  • Build complete cost transparency

Create a standardized IT cost model that reveals the full cost of delivering IT services.

  • Support better sourcing decisions

Compare vendor costs using objective data to strengthen procurement and contract negotiations.

  • Turn benchmark insights into action

Use benchmarking to support budgeting, forecasting, and technology investment decisions.

  • Measure progress over time

Track the impact of optimization initiatives using continuous internal benchmarking.

IT Cost Benchmarking

Best Practices

Dr. Fabian Mieloch shares how customers embed benchmarking sustainably, turning it into a continuous capability that shapes IT strategy. 

Learnings:

  • use internal benchmarks

  • ensure sustainability

  • normalize smartly
Book your personalized Benchmarking Demo

Why enterprise organizations participate

 The 2026 Joint Benchmarking Initiative goes beyond comparing IT spend. It combines standardized IT cost structures, validated benchmark data, and practical IT Financial Management expertise to deliver insights that support real budgeting and investment decisions.
Join the initiative

Developed together with McKinsey & Company

The 2026 Joint Benchmarking Initiative combines Serviceware's IT Financial Management expertise with insights from joint research into enterprise technology spending, helping organizations make more informed budgeting and investment decisions.

Built on standardized IT cost structures

Meaningful comparisons require more than financial ratios. A consistent approach to structuring and comparing IT costs enables more reliable benchmark results.

Grounded in IT Financial Management expertise

The initiative draws on Serviceware's experience helping enterprise organizations improve IT cost transparency, budgeting, benchmarking, and financial planning.

Designed to support better decisions

Participants receive a Benchmark-to-IT-Value report with actionable optimization insights and concrete hypotheses to support budget planning, procurement, and strategy updates.
petrobras-monochrome

“With Serviceware we standardized metrics for costs and expenses in order to compare our performance with other market players, now being able to deliver more value to the business.”

Relationship Manager, Procurement & Supply Chain at Petrobras

industry-refinery-sunset
finops-certified-platform-badge
tbm-council-color
badge-forrester-wave-leader-itfm-2026
volkswagen-monochrome
deusche-post-dhl-monochrome
petronas-monochrome
migros-monochrome
telefonica-monochrome
petrobras-monochrome
hapag-lloyd-monochrome
sandvik-monochrome
uvex monochrome
holcim-monochrome
volkswagen-monochrome
deusche-post-dhl-monochrome
petronas-monochrome
migros-monochrome
telefonica-monochrome
petrobras-monochrome
hapag-lloyd-monochrome
sandvik-monochrome
uvex monochrome
holcim-monochrome

Talk to a benchmarking expert

What to expect

Participating in the benchmark typically requires 1–3 days using a standardized data collection approach.

You'll receive:

  • Benchmark analysis
  • Peer comparison
  • Benchmark-to-IT-Value report
  • Optimization hypotheses
  • Executive review of the results

What happens next?

After you submit the form, Dr. Christopher Boortz or a member of the benchmarking team will contact you to discuss your objectives, explain the benchmarking approach, and answer any questions before participation begins.