YäRKEN now supports TBM Taxonomy v5.0.1, the latest standard from the TBM Council. This version introduces richer classification across cloud, data, AI, security, and ESG—enabling more accurate and modern technology financial management.
TBM 5.0.1 expands visibility into emerging technology areas, including cloud services, AI models, and sustainability.
Key highlights include
Enhanced Cloud & AI coverage:
New Cloud Services cost pools and an AI Models sub-tower improve insight into cloud consumption and AI investments.
Modernized towers:
Several IT towers have been renamed or reorganized to better align with current technology delivery models.
Updated business layer:
The Business layer is now renamed to Consumers, providing clearer interpretation of the organizational units or roles that consume technology services.
Cloud Services is now a standalone cost pool, with coverage across public, private, and hybrid cloud (IaaS and PaaS).
Software is renamed to Software & SaaS.
Staffing replaces Internal Labor; External Labor is no longer supported.
Managed Services and Other Operating categories have been added across multiple pools.
New sub–cost pools provide deeper classification options.
New towers such as Smart Devices and Data have been introduced.
Platform and Output towers are retired.
Additional AI- and IoT-related sub-towers are now available.
Security & Compliance is split into Security and Risk & Compliance.
A new Artificial Intelligence solution type is now available.
The Platform solution type is retired.
A Sustainability & ESG solution category has been added under Shared & Corporate Services.
The Business Units layer is now called Consumers, reflecting how technology services are used across the organization.
All dashboards, reports, allocation models, and reference lists within the application have been updated to align with the TBM v5.0.1 taxonomy. Labels, groupings, and data structures now reflect the revised cost pools, towers, and solution categories.
We have introduced a new configuration option — Set TBM Taxonomy Version — giving you the flexibility to select the taxonomy model that best fits your organization’s stage of adoption.
You can now choose from:
TBM v4.0
Use the existing TBM 4.0 framework for stability and backward compatibility.
TBM v5.0.1
Adopt the latest TBM taxonomy, including updated cost pools, sub-cost pools, towers, and solutions.
TBM v4.0 and v5.0.1
Operate in a hybrid mode, enabling parallel validation, phased migration, or transitional reporting.
Reports and dashboards adapt automatically depending on the version selected, ensuring a seamless experience regardless of your TBM maturity level.
The new grid component is now available across the entire Analytics experience. You’ll see it in all standard dashboards, reports, custom dashboards, and analytics pages, giving you a consistent and more capable way to explore your data.
The updated grid delivers faster performance, improved usability, and a modern layout. It’s easier to sort, filter, and analyze information directly within any dashboard. Whether you’re reviewing summaries or drilling into detailed records, the new grid provides a more intuitive and responsive data exploration experience.
We have introduced a new asset type called Converged to support scenarios where multiple infrastructure components—such as compute, storage, and network—are delivered and managed as a unified solution.
This addition enables organizations to more accurately categorize, track, and report spend associated with converged or integrated platforms. The Converged asset type can now be created manually or loaded through data uploads, and it is fully supported across reporting, allocation rules, and downstream processes.
By treating converged infrastructure as a single asset, users gain clearer visibility into related costs and can streamline financial and operational analysis for these bundled technology offerings.