Application Portfolio Management
Many IT departments have aggressively invested in IT initiatives, resulting in a large number of applications in their IT portfolio. Others are the results of growth by acquisition and merger. The resulting software portfolio is dominated by overlapping, obsolete or highly inter-dependent applications which increases the cost of support, maintenance and ongoing development. In the absence of a well defined process, the risks and the benefits of these applications cannot be quantified in terms of their fit with the business objectives.
This makes it difficult to identify redundant IT applications and those that are not aligned to the organization's business strategy. Each asset in the Portfolio needs to be assessed for its business value and total cost of ownership. A strong emphasis on Portfolio Management will maximize the return generated by IT initiatives while minimizing their risk.
Rationalization of the application portfolio must be based upon a comprehensive understanding of ALL the costs involved in maintaining the status quo, effecting any transformation and supporting the envisioned enterprise.
What we can do
- Create and build a customized portfolio strategy designed to drive business value.
- Align the application portfolio with strategic goals and architectural standards
- Optimize enterprise portfolios by recognizing under-utilized, outmoded and obsolete applications and eliminating application redundancies across your organization
- Drive down maintenance and support costs and improve IT investment choices
