Applications Portfolio Management

Application portfolio management apm is designed after concepts of financial portfolio management.

Applications portfolio management. Application portfolio management apm has evolved into a critical discipline. Some portfolio management apps can sync with your existing accounts and most are free. Application portfolio management is a framework to identify every it software applications within the company and to manage these applications in a clear and efficient overview. Apm helps the specific managers to illustrate specific business needs or risk within specific departments regarding their it.

The concept of application portfolio management apm first emerged in the early 1990s but its benefits really became apparent during the y2k buildup. Application portfolio management solutions from software ag. Application portfolio management apm is a framework for managing enterprise it software applications and software based services. The application portfolio management portal gives you an enterprise wide applications landscape view of the number of applications and other key metrics.

Application portfolio management encompasses the assessment rationalization and optimization of an organization s entire application portfolio. Apm provides managers with an inventory of the company s software applications and metrics to illustrate the business benefits of each application. This process drives your business to reduce functional redundancy minimize cost and align it investments with business strategy. As an enterprise architect ea you can view and access all the apm modules from this portal.

It application portfolio management apm is a practice that has emerged in mid to large size information technology it organizations since the mid 1990s application portfolio management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application s maintenance and operations. Mobile portfolio management apps can provide information on your investments from 401k s to iras. Alfabet it planning and portfolio management is a leading it and application portfolio management software solution for organizations that want to increase it investment returns and reduce the risk of it transformation by better understanding why. Many organizations waste effort and money running and maintaining.

With businesses increasingly depending upon technology to create new products and services having the right mix of applications to support business objectives is a necessity.