Application portfolio rationalization leads to other cost and business benefits realized through quick cost savings, reductions in total cost of ownership (TCO), heavier reliance on more flexible Op-Ex models, maximization of ROI to drive long-term business value and architectural alignment. Our Application Rationalization and Modernization Framework follows a process to capture, categorize, and evaluate the organization’s Business Capabilities and current Application Portfolio. Features. The Complete Guide to: Business Impact Analysis. Application Rationalization is a process of analyzing the applications in the enterprise to determine overlapping functionalities, unused applications, bottlenecks in systems – with a goal of improved efficiency, cost reduction and effective Business-IT alignment. Left unchecked, they choke processes and drag down performance levels. Build an application portfolio roadmap that shows your target state based on your rationalization decisions. [2007] make further contributions, proposing a method for application portfolio rationalization comprising three major steps: assessment, evaluation, and planning. Make strategic decisions on how to rationalize the application landscape, lower down total cost of ownership (TCO), and accelerate speed-to-market by developing a robust application portfolio rationalization (APR) framework. Desire to optimize the application portfolio by evaluating and managing trade-offs in business value, cost, and risk. As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … Apptio can help you get the information you need for launching a successful application rationalization initiative, developing a framework for managing applications, and getting the … Get Instant Access. Application portfolio management (APM) is designed after concepts of financial portfolio management. If the target application supports 80% of the required functionality then the remaining 20% should not preclude its adoption as the standard. Exploring a Gain-share model A model that enables “owning the outcome” and helps unite the goals of the implementing 9 Steps for Successful Application Rationalization framework Compile a list of applications Compile a list of past, present and future applications currently deployed on your system. It is how you arrive at those decisions that is crucial to the success of the union. Application Rationalization: The Definitive Framework - Apptio The Definitive Framework for Application Rationalization To optimize technology operating costs and free-up funds to drive innovation, it’s critical for IT organizations to identify waste and eliminate it. Level 4 - Continuously Optimized Portfolio. The result is redundant applications or disparate usage of the same application. IT consolidation. Application rationalization is a reliable means of reducing costs and streamlining operations by consolidating a large portfolio of applications into a smaller subset of lean, vital, necessary and cost efficient software resources. to reduced Total Cost of Ownership (TCO) and maximization of business ROI. WARP is a proven approach that promises to put you on the path to a rationalized and modernized IT application portfolio in as little as seven weeks. COVID-19 UPDATE: All projects and workshops continue to be performed employing our Online Engagement Framework. Audax Labs’ Application Portfolio Rationalization framework offers a robust model for assessment of technology landscape and strategic fit of the application portfolio. Value Delivered. The funded projects are then fed to Project Portfolio Management process for execution. IT Portfolio Rationalization. Application Rationalization. Optimize your IT budget to enable investments in growth and create a distinct competitive advantage using an IT Portfolio Management tool. Full Name. The Complete Guide to: Integration Architecture. An essential part of the software lifecycle is periodically evaluating and overhauling the portfolio of applications in your organization. Why go through more than just a mere audit of your SaaS applications? Stop counting licenses and start definining business value. Enter no text in this field. It allows organizations to identify which applications to maintain, invest in, replace, or retire There is no one-size-fits-all application rationalization process, rather agencies should tailor their approach to fit mission, business, technology, human … This is accomplished by creating transparent overviews of IT application landscapes to evaluate IT costs, standardize software throughout business units and promote agility and innovation. Do not fill in this field. Business Process Optimization Delivers the best in customer/user research, service blueprints, journey mapping, ideation workshops, strategic measurement and product roadmaps. Application rationalization helps Portfolio Managers improve their agency’s approach to IT modernization. This allows IT departments to improve efficiency, simplify portfolio complexity, and lower the total cost of ownership (TCO) for their application portfolio. Application Portfolio Health. Highlights. • Apply the 80/20 rule to Application Functionality. This will ensure that it continues to add value to the organisation’s business and costs are driven out where possible. Somebody’s dishes go in the cabinet and somebody’s get donated. Metrics can provide information from various perspective such as business , technology, financials, IT Strategy and IT … Where rationalization can really range is with the inputs captured and applied to a framework that generates recommendations and informs those decisions on your applications or the portfolio. Architecture Vision Considerations• Make it clear that Portfolio Rationalization may effect a loss in functionality in order to enable greater agility. Check out this fact sheet on application portfolio management (APM) to find out more on the benefits of application rationalization with Alfabet and Alfabet FastLane . Steven Newstrom A Six-Step Process for Application Rationalization The six-step process outlined below is a structured, iterative approach to application rationalization for IT Portfolio Managers . What is Application Portfolio Rationalization? Understand the core assessments performed in application... 3. Application Rationalization Program. Lay your foundations. How to Rationalize Your Application Portfolio ... To avoid that outcome, rationalization must be an integral part of the engagement. The summarized information at the application category level enables you to compare applications within a category using various metrics. Technology applications can grow like weeds in a company. TIME represents a 2x2 quadrant and is an acronym for Tolerate, Invest, Migrate, Eliminate. Application Portfolio Rationalization. Applying a rigid approach to rationalization with inflexible inputs can delay or prevent you from realizing value. Play to your strengths and build a framework that aligns to your goals and limitations. Define the roles, responsibilities, and outputs for application rationalization within your application portfolio management practice. Apply a true lifecycle approach to applications and data. Application Portfolio Management. Tailor the application rationalization framework (ARF) to your company's motivations, goals, and limitations. Business Situation. Application portfolio management. Agencies are encouraged Below are some of the Application Portfolio Rationalization. Level 1 - Applications under management. Download this white paper and learn: Why application rationalization can be considered as a central element of the IT governance process, Key principles of application portfolio management – framework, roles definition, cost analysis, How to move from IT inventory to IT transformation planning, APM best practices and case studies. known as application portfolio management or APM. MNJ Software's ROI analysis will ensure that you get a fair idea on your ROI. What is Application Portfolio Rationalization? At YASH, we are proud to be associated with these enterprises with a futuristic vision. Application rationalization during M&A is a like newlywed couple with each person bringing their own stuff to the marriage. Executes the application rationalization roadmap through projects to modernize, migrate, replace, and retire redundant applications. These latter stages are defined in the last three arrows of figure 3 where Application Portfolio Management ensures the These assets include the sum of the workforce, data, and systems working together to support health care operations, research, patient care, and otherssion-critical objectives. We collaborate with them to control, manage, and innovate across all aspects of their IT environment. We will also provide you a fore view of the related demands on infrastructure, people and monetary resources. Formally, APM is the ongoing management process of categorization, assessment, and rationalization of the IT application portfolio. As a result, bring 5X – 10X Why does a company need Application Rationalization? Application Portfolio Management A Framework for Application Destiny Determination Chalmers University of Technology and University of Göteborg Master Thesis in Informatics REPORT NO. Resources. CFOs and CIOs in your position will be examining application portfolio rationalization to align the software being used with the company’s current objectives. With the help of APR, organizations can easily migrate from one platform to another, decrease the application development cost & improve the delivery of applications. The output of Application Rationalization activity is the “Application Transition Roadmap” -> which should feed into Investment Portfolio Management to fund these new Application initiatives. Build the action plan... 2. Keeping with our theme of business architecture in action, this post focuses on how business architecture helps with analysis, rationalization and decision-making related to project investments (a.k.a. As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … Deliver IT Governance Framework for Review, Approval and Release Procedures. Application rationalization is the process of cataloging and eliminating duplicate software applications used across an organization. With the help of APR, organizations can easily migrate from one platform to another, decrease the application development cost & improve the delivery of applications. Data-driven with Business Consensus. Application Rationalization is a topic that wanders around in every organization. to label a potential future state for any workload that's being considered as The applications can have overlapping or complementary capabilities, but they are a part of the same business function and must be reviewed together during an application rationalization exercise. View Data Sheet. Gain Efficiency, Lower Costs, and Unleash the Potential of Your Application Portfolio. Enables to provide recommendations to retain, migrate, replace/transform, conduct functional/ technical upgrades, and consolidate IT portfolio; APR Analytical Model and Rationalization Map. This information helps you to know who is using the applications, the usage frequency, the application status, and make informed decisions.
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