Application proliferation has a significant impact on an organization’s bottom line. Redundant applications lead to wasted spend, introduce risk, and lack of strategy alignment within an organization. Too many applications are purchased without understanding business needs. When the applications near end-of-life, they are either forgotten and the lack of planning on renewal or retirement brings risk to the business.
Application Portfolio Management (APM) provides a comprehensive overview of applications in the environment. With the Enterprise Architecture Workspace, enterprise architects can view applications that support business capabilities and leverage workflows into overall roadmap planning. Save cost by retiring redundant applications, reduce risk by addressing end-of-life software or hardware, and help ensure applications that exist in the environment support business strategies.
In the Vancouver release, APM further aligns the application portfolio with these key features:
Business and application Portfolio Enhancements - Track more information related to Business Applications and information objects for better insight into the application portfolio, such as technology risk due to upcoming hardware and software lifecycle dates, disposition plans, accessibility information, installation dates, and managing groups.
- Newly created Business Applications will automatically be linked to an Application Model in alignment with the CSDM, enabling tracking of application lifecycle dates.
- Use the planned disposition to track decisions regarding the disposition of business applications to reduce redundant work and align teams to agreed-upon strategy.
- Open a CMDB map visualization of the topology of business applications with one click.
- Leverage multiple classifications to classify your information objects, enabling you to better track compliance policies, and align with your GRC governance.
Enterprise Architecture Workspace Enhancements - Improved usability for Enterprise Architects to save time and increase efficiency without leaving the Enterprise Architecture Workspace
- Enhanced Technology Portfolio Management (TPM) as part of the Enterprise Architecture Workspace, enabling you to automatically detect software and hardware lifecycle risks for application services and business , so you can Proactively manage the application lifecycle risk.
- Full Technology Reference Model (TRM) management and Technology Portfolio Management (TPM) functionality within the Enterprise Architecture Workspace combines publisher and internal hardware and software lifecycles to simplify the user experience and reduce context switching.
- Technology Risk is now weighted in the overall application risk to bring attention to upcoming lifecycle risks.
- Usability enhancements reduce clicks and make key information more accessible, including an enhanced dashboard.
Application Portfolio Management offers comprehensive application portfolio information and rationalization to help organizations save costs, reduce risk, and align with the business. By leveraging these new features, organizations can ensure they have the applications that support their business needs while removing those that don’t.
For more information, review the release notes and check out the Vancouver Release broadcast, then schedule a meeting and demo with your account team, or contact us here.
To learn more about these features, check out the Application Portfolio Management blog.
For more information on Application Portfolio Management, visit the product page.
