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 maximise the return generated by IT initiatives while minimizing their risk.
Rationalisation 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.
Logica has been delivering IT services for over 40 years and has a proven track record in helping clients obtain the best return from their IT investments. Significant cost reductions are achievable through optimisation of the application portfolio, the services which support it and the technology on which it runs. In addition, there is added value in improved management understanding and focus, and more rapid and predictable response to changing business requirements.
Our service will help you to
- Create and build a customised portfolio strategy designed to drive business value
- Align the application portfolio with strategic goals and architectural standards
- Optimise enterprise portfolios by recognising under-utilised, outmoded and obsolete applications and eliminating application redundancies across your organisation
- Drive down maintenance and support costs and improve IT investment choices
Logica’s application rationalisation programme (ARP) adopts a simple 3-step framework:
- Base application inventory: look for quick wins with abandoned or low-use applications as easy targets
- Existing application landscape: exploit business decision data to align the application portfolio with strategic requirements of the business – identify where further savings can be achieved by removal of functional overlap and duplication
- New application landscape: make strategic decisions to define the optimised application portfolio
To discuss how our application portfolio management services can benefit your business today, please contact us via email or telephone +44 (0) 870 850 4283.