Press Release

2022 TBM Council Award Finalists Selected

Winners to be recognized at TBM Council Awards ceremony on Nov. 8

Bellevue, WA – Aug. 30, 2022 The Technology Business Management (TBM) Council, a nonprofit organization dedicated to advancing the discipline of TBM through education and standards which empower collaboration between IT leaders and business partners, today announced the finalists of the 10th annual TBM Council Awards.

“Our awards recognize a group of dedicated professionals who — sometimes unheralded — do outstanding work in challenging jobs,” said Phil Armstrong, Chairman of the TBM Council Board of Directors. “The TBM discipline continues to change organizations and build careers, and we at the TBM Council are thrilled to share the successes of this year’s finalists.”

The TBM Council Awards recognize global technology and finance teams who are driving business value through the core principles of the TBM discipline – cloud financial management, digital investments, agile transformations, and financial management.

Celebrated across eight awards categories, the finalists for the 2022 TBM Council Awards are:

Cloud Transformation

Recognizing organizations that have transformed the development and support of business capabilities by using public cloud infrastructure, platforms, and/or software.

2022 Finalists:

  • Freddie Mac
  • Iress
  • UBS
  • UPS

IT Financial Leadership

Recognizes organizations that satisfy corporate financial budgeting, forecasting, and reporting requirements while enabling business innovation, service delivery, cloud transformation, Agile evolution.

2022 Finalists:

  • Terex Corporation
  • T. Rowe Price
  • Elanco Animal Health
  • Navy Federal Credit Union
  • State Farm Mutual Automobile Insurance Company
  • John Deere

TBM Pacesetter

Recognizes organizations that drive mindset changes and accountability for outcomes while quickly implementing or enhancing TBM tools, data, and processes.

2022 Finalists:

  • Automatic Data Processing, Inc.
  • National Grid Plc
  • Origin Energy
  • Transport for NSW

Service Excellence

Recognizes organizations that support efficient delivery of shared technology services to line-of-business partners and consumers, while continuously optimizing costs to serve customers.

2022 Finalists:

  • BNY Mellon
  • Fiserv
  • KPMG Australia

Business Optimization

Recognizes organizations that drive meaningful efficiencies in delivering technology to enable business operations and/or help business operations be more efficient.

2022 Finalists:

  • Citizens Bank, N.A.
  • National Grid Plc
  • Origin Energy
  • Wells Fargo
  • Bank of Ireland

Agile Evolution

Recognizing organizations that shift from project-focused investment strategies to product-centric investment models which empower Agile teams to innovate within a financial investment framework.

2022 Finalists:

  • Lowe’s Companies, Inc.
  • John Deere

Business Innovation

Recognizing organizations that have been instrumental in driving significant business innovation(s) that directly improves business outcomes.

2022 Finalists:

  • Wolters Kluwer
  • Stanley Black & Decker

Public Sector Excellence

Recognizing government organizations that leverage TBM to bring a consolidated, transparent view to their technology investments.

2022 Finalists:

  • U.S. Department of Commerce
  • Transport for NSW
  • United States Secret Service

About the Technology Business Management (TBM) Council

The Technology Business Management (TBM) Council is a nonprofit business entity dedicated to advancing the discipline of TBM through education, standards, and collaboration. TBM connects business value to technology investments by giving finance, technology, and business leaders comprehensive visibility, benchmarking, optimization, billing, and planning of their investments regardless of technology stack, delivery, or development model. The TBM Council provides best practices for leaders to leverage so they can react quickly to changing market dynamics and optimize cloud and agile strategies to deliver on business objectives. Membership is open to qualified IT, finance, or business leaders and practitioners who meet applicable membership requirements. For more information or to join, please visit