application portfolio rationalization framework

Av - 14 juni, 2021

Benefits. Level 2 - Basic Rationalization. Application Portfolio Rationalization Over time, application portfolios grow in a divergent fashion as each business function attempts to improve its performance and address its challenges. Application Portfolio Management for Small Enterprises. The Application Retirement Framework diagram provides an overview of the processes and actions that make ... analyze both the technology, or apps landscape (the application portfolio… What are the 4 increasing levels of maturity that we can break the Application Portfolio Management journey into. There is no one-size-fits-all rationalization. IT consolidation. 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 … CGI’s application portfolio management (APM) services enable organizations to continuously improve and evolve their application portfolios to address changing business needs and drive long-term value. With the help of APR, organizations can easily migrate from one platform to another, decrease the application development cost & improve the delivery of applications. Remote Facilitation Expertise. The output of Application Rationalization activity is the “Application Transition Roadmap” -> which should feed into Investment Portfolio Management to fund these new Application initiatives. CFOs and CIOs in your position will be examining application portfolio rationalization to align the software being used with the company’s current objectives. Identify who owns the application Identify the appropriate stakeholders (users) of the applications. 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 . Application Portfolio Management is also referred to as Application Portfolio Rationalization. Project, Requirements Discovery, Story Mapping, Audax Labs’ Application Portfolio Rationalization framework offers a robust model for assessment of technology landscape and strategic fit of the application portfolio. Level 3 - Advanced Rationalization. In its simplest form, application rationalization is a framework of logical, defined steps for the assessment, and clear understanding, of the entire application landscape that will be impacted by an operating system upgrade or platform migration (VDI, hosted app, packaging, etc.). Level 1 - Applications under management. 2008:055 ISSN: 1651-4769 JIMMI KELLERMAN PATRIK LÖFGREN IT University of Göteborg It is how you arrive at those decisions that is crucial to the success of the union. Technology applications can grow like weeds in a company. Application Rationalization and SOA Page 3 of 7 Objectives ... business initiatives conform to the Application Rationalization framework. 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. Highlights. As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … How business architecture helps with analysis, rationalization and decision-making. Lay your foundations. Application Portfolio Management A Framework for Application Destiny Determination Chalmers University of Technology and University of Göteborg Master Thesis in Informatics REPORT NO. application and infrastructure knowledge and accelerators for rapid progress and costs control in implementing technology led transformations such as defining and implementing the Right Cloud Strategy, application portfolio rationalization, legacy modernization, capacity optimization and storage optimization. IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. Conduct regular portfolio rationalization reviews: Identify the applications with the worst performance in terms of meeting business needs in a cost-effective and reliable manner. Application rationalization during M&A is a like newlywed couple with each person bringing their own stuff to the marriage. This will ensure that it continues to add value to the organisation’s business and costs are driven out where possible. Agencies are encouraged As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … The framework also provides solutions such as decentralization of the software/applications, cloud migration, application retirement, etc. Executes the application rationalization roadmap through projects to modernize, migrate, replace, and retire redundant applications. Application Portfolio Management (APM) Use information from the Service Graph™ to deliver a complete picture of your application portfolio to help you make faster decisions. The Complete Guide to: Integration Architecture. emids+encore has defined an IT application portfolio management (APM) framework (Figure 1) that provides a model for managing an organization’s IT assets. 400 business processes activities in-scope; 36% reduction in application portfolio recommended; 16% reduction in costs identified post rationalization; 34% reduction identified in legacy application code with same levels of utility; 100% visibility of the corporate action portfolio was made available; End-to-end legacy modernization plan formulated CFOs and CIOs in your position will be examining application portfolio rationalization to align the software being used with the company’s current objectives. 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. 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. Enter no text in this field. Exploring a Gain-share model A model that enables “owning the outcome” and helps unite the goals of the implementing Application Rationalization. Metrics can provide information from various perspective such as business , technology, financials, IT Strategy and IT … Capture and Categorize Our framework establishes a common business understanding of … The framework is focused on understanding, analyzing and transforming the current application portfolio to arrive at the most effective rationalized application portfolio. Application Portfolio Health. rises, conventional application portfolio management — or rationalization — is losing its relevance, as it typically focuses on the long-term goals of consolidation, standardization and optimization. Application Portfolio Rationalization. Left unchecked, they choke processes and drag down performance levels. Somebody’s dishes go in the cabinet and somebody’s get donated. Plan your application rationalization framework. Sparx Services North America brings a complete solution for Capability Based Planning and Portfolio Rationalization, including the leading industry Frameworx content from the TM Forum and the world’s leading architecture platform from Sparx Systems. Organize applications to determine their rationalization You can identify multiple applications assigned to the same application category, region, or business. 5 Steps of the rationalization … But nobody needs two toasters, two sets of pots and pans and two irons. Executes the application rationalization roadmap through projects to modernize, migrate, replace, and retire redundant applications. 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. It allows organizations to identify which applications to maintain, invest in, replace, or retire How to Buy. Data-driven with Business Consensus. Build an application portfolio roadmap that shows your target state based on your rationalization decisions. This allows IT departments to improve efficiency, simplify portfolio complexity, and lower the total cost of ownership (TCO) for their application portfolio. Apply a true lifecycle approach to applications and data. 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 . Application rationalization during M&A is a like newlywed couple with each person bringing their own stuff to the marriage. Application Portfolio Rationalization is not just a buzz word, and it is not just for mega corporations – it is a business imperative that needs to be tackled head-on by more small and medium sized businesses as well as the very large. Below are some of the Left unchecked, they choke processes and drag down performance levels. Why does a company need Application Rationalization? Level 4 - Continuously Optimized Portfolio. Around 70% of companies do not have standard documentation on the present version of their application portfolio. Application Portfolio Management (APM) is the practice of governing and optimizing inventories of software applications to achieve precise business objectives. Application Rationalization is a topic that wanders around in every organization. The Complete Guide to: Application Rationalization. Build the action plan... 2. COVID-19 Underscores the Imperative for a Short Strategy to Execution Cycle. 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. But nobody needs two toasters, two sets of pots and pans and two irons. Application Portfolio Rationalization. Determine the cost and value of … Formally, APM is the ongoing management process of categorization, assessment, and rationalization of the IT application portfolio. Comprises industry-standard tools and mechanisms; Robust Framework for Application Portfolio Rationalization. Application rationalization is the process of cataloging and eliminating duplicate software applications used across an organization. Application rationalization helps Portfolio Managers improve their agency’s approach to IT modernization. Efficiently manage application rationalization and improve IT governance. In order to get the most benefit from your application rationalization initiative , you need to identify a framework for ensuring business alignment and a process that is defensible and repeatable. COVID-19 UPDATE: All projects and workshops continue to be performed employing our Online Engagement Framework. What is Application Rationalization? Application rationalization is the process of cataloging and eliminating duplicate software applications used across an organization. This allows IT departments to improve efficiency, simplify portfolio complexity, and lower the total cost of ownership (TCO) for their application portfolio. Close. This paper describes a robust Application Portfolio Rationalization (APR) framework for understanding functional and technical gaps, and recommends opportunities to replace/transform, retain, The Nuts and Bolts of Rationalizing the Application Portfolio migrate, technically or functionally extend an application for The Application Rationalization Toolkit – increasing its usefulness. Application review. Features. Our Value Proposition. 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 Complete Guide to: Business Impact Analysis. Why go through more than just a mere audit of your SaaS applications? Fabriek et al. Application Rationalization Program. What is Application Portfolio Rationalization? 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. We will also provide you a fore view of the related demands on infrastructure, people and monetary resources. Business Situation. [2007] make further contributions, proposing a method for application portfolio rationalization comprising three major steps: assessment, evaluation, and planning. 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 … Application Portfolio Rationalization Perform Health Assessment of your Application Portfolio to Focus on Strategic Capabilities and Technology Alignment. If it is done correctly it has mainly two benefits: 1) Decrease Complexity - The application landscape becomes less complex, thus becoming more flexible and more easy to increase and ensure business continuity. This white paper proposes a new-age framework of application portfolio It is how you arrive at those decisions that is crucial to the success of the union. We advocate using Gartner's TIME model to measure and map the business value of applications. This information helps you to know who is using the applications, the usage frequency, the application status, and make informed decisions. There is no one-size-fits-all application rationalization process, rather agencies should tailor their approach to fit mission, business, technology, human … Our Best Practices approach to application rationalization involves categorizing your IT portfolio according to return on investment, alignment with strategic goals and other factors, identifying redundancies, and developing and implementing a roadmap to financial and operational optimization. Gain Efficiency, Lower Costs, and Unleash the Potential of Your Application Portfolio. The funded projects are then fed to Project Portfolio Management process for execution. project portfolio management) and system applications (a.k.a application rationalization and application … costs, and maximize efficiency. 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 Demo. Application Portfolio Rationalization Framework iReturns ROI Assessment Framework Claro Agnitio Assessment Framework. LTI’s Application Portfolio Rationalization offering can help firms effectively upgrade, retire or consolidate applications, thus shortening the time-to-market of new initiatives, while reducing costs. Apply various application assessments to build a clear picture of your portfolio. Unlock Application Portfolio Management for Small Enterprises. to label a potential future state for any workload that's being considered as application portfolio rationalization can improve your bottom line by saving money, reducing risk, improving compliance and minimizing complexity. Tailor the application rationalization framework (ARF) to your company's motivations, goals, and limitations. Application Portfolio Rationalization is not just a buzz word, and it is not just for mega corporations – it is a business imperative that needs to be tackled head-on by more small and medium sized businesses as well as the very large. We collaborate with them to control, manage, and innovate across all aspects of their IT environment. TIME represents a 2x2 quadrant and is an acronym for Tolerate, Invest, Migrate, Eliminate. 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. WARP: Wide-angle Application Rationalization Program Application rationalization is the method of finding and resolving duplicate software applications used across an organization. IT Portfolio of more than 100 applications and a dozen data marts supporting administrative functions and operations. Created a Governance and Application Rationalization sustainability framework to take in to account application lifecycle (including procurement), to-be-Introduced technologies such as cloud based applications and mobile applications, exception processing, communication and management, and ability to serve M&A work The framework uses a combination of methods and artifacts to gather information on applications, carry out assessment and produce outputs determining recommended hosting requirements for applications. Application Portfolio Rationalization (APR) leads to reduced Total Cost of Ownership (TCO) and maximization of business ROI. This is realized through application elimination, migration, consolidation, or modernization. Reducing cost: Adoption of next-generation technologies for the functional fit and for business criticality. Application & Data Rationalization. A simple way to identify applications in need of rationalization is to plot them on a quadrant chart in terms of ownership costs and business value. Somebody’s dishes go in the cabinet and somebody’s get donated. Full Name. Technology applications can grow like weeds in a company. The summarized information at the application category level enables you to compare applications within a category using various metrics. Application Portfolio Management (APM) is a framework for managing applications in enterprise. Get Instant Access. Stop counting licenses and start definining business value. APM provides an inventory of an organization’s software applications and software-based services as well as metrics showing the business benefits of each application. Define the motivations, goals, and scope of your rationalization effort. Tailor your framework to meet your goals. to reduced Total Cost of Ownership (TCO) and maximization of business ROI. IT Portfolio Rationalization. • Apply the 80/20 rule to Application Functionality. The framework also provides solutions such as decentralization of the software/applications, cloud migration, application retirement, etc. Application rationalization: A powerful catalyst for . 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 Rationalization. Our application portfolio rationalization framework helps the enterprise to eliminate redundant and non-critical applications from the portfolio / inventory, and thus save the additional efforts required for maintaining the applications. Similarly, Dern [2006] offers an extensive set Establish the application business value, its quality and its costs. The result is redundant applications or disparate usage of the same application. Our Application Rationalization and Modernization Framework follows a process to capture, categorize, and evaluate the organization’s Business Capabilities and current Application Portfolio. MNJ Software's ROI analysis will ensure that you get a fair idea on your ROI. Enables to provide recommendations to retain, migrate, replace/transform, conduct functional/ technical upgrades, and consolidate IT portfolio; APR Analytical Model and Rationalization Map. These latter stages are defined in the last three arrows of figure 3 where Application Portfolio Management ensures the An oversimplified description of application rationalization is a decision-making framework to help determine the strategic direction of your apps. The value is clear: this is how your applications—and their users—benefit from portfolio management-based application rationalization. Our Services. Do not fill in this field. 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. Redundancies develop, and software rollouts aren’t coordinated for maximum efficiency. Build an Application Rationalization Framework 1. the application portfolio. SURE Framework for Application Portfolio Rationalization Persistent Systems SURE Framework is a systematic top down approach that offers deep insights and recommendations to help enterprises take the right decision for their application portfolio management initiative. Part 1- Reduce Cost and Risk Through Application Portfolio Rationalization Traditional application rationalization efforts have historically been too narrow in their focus and often leave value on the table. Scottish Water re-selects Orbus Software above other MQ leaders as its Enterprise Architecture Solution Partner. Application portfolio rationalization (APR) aims to analyze and restructure the complete set of applications in an organization. Application Rationalization Tool-Kit. Application portfolio rationalization is a powerful . application portfolio rationalization can improve your bottom line by saving money, reducing risk, improving compliance and minimizing complexity. Application Portfolio Analysis framework is a standardized repeatable process used for cloud migration assessment. IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. The six steps provide discrete actions for agencies to consider when undergoing application rationalization. 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. A robust framework for application portfolio rationalization involves data collection, applica-tion profiling, application value analysis, identi-fication of opportunities and defining an imple-mentation roadmap. Application rationalization initiatives are most successful when the application portfolio is clearly aligned to business outcomes. Audax Labs’ Application Portfolio Rationalization framework offers a robust model for assessment of technology landscape and strategic fit of the application portfolio. 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. Desire to optimize the application portfolio by evaluating and managing trade-offs in business value, cost, and risk. Redundancies develop, and software rollouts aren’t coordinated for maximum efficiency. catalyst for state and local government IT consolidation and transformation initiatives when based on a rigorous assessment aligned with organizational goals and proactive efforts to manage change. 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. 400 business processes activities in-scope; 36% reduction in application portfolio recommended; 16% reduction in costs identified post rationalization; 34% reduction identified in legacy application code with same levels of utility; 100% visibility of the corporate action portfolio was made available; End-to-end legacy modernization plan formulated This loss of focus can accentuate alignment gaps between business and IT. How to Rationalize Your Application Portfolio ... To avoid that outcome, rationalization must be an integral part of the engagement. An essential part of the software lifecycle is periodically evaluating and overhauling the portfolio of applications in your organization. Application Portfolio Management. Deliver IT Governance Framework for Review, Approval and Release Procedures. An oversimplified description of application rationalization is a decision-making framework to help determine the strategic direction of your apps. Architecture Vision Considerations• Make it clear that Portfolio Rationalization may effect a loss in functionality in order to enable greater agility. View Data Sheet. of applications and reduce costs, the application portfolio needs to be continually managed. Application portfolio management (APM) is designed after concepts of financial portfolio management. Conduct regular portfolio rationalization reviews: Identify the applications with the worst performance in terms of meeting business needs in a cost-effective and reliable manner. Application Rationalization is often identified as the solution. Optimize your IT budget to enable investments in growth and create a distinct competitive advantage using an IT Portfolio Management tool. As a result, bring 5X – 10X Business Process Optimization Delivers the best in customer/user research, service blueprints, journey mapping, ideation workshops, strategic measurement and product roadmaps. Information Technology Portfolio Management (IT PM) and offers a wide set of criteria for application analysis. If the target application supports 80% of the required functionality then the remaining 20% should not preclude its adoption as the standard. 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. Application Portfolio Rationalization (APR) High IT complexity slows down business by limiting flexible reaction to changed client expectations and requirements Negative impacts include… • Business growth limited through IT limitations – time to market too slow • Inconsistent user and client experience An organization can use the process of application rationalization to transform a highly complex, costly, and disparate application catalog into an agile, lean, and productive portfolio, aligned with strategic business needs. Understand the core assessments performed in application... 3. Resources. Application rationalization can provide insights into gaps or redundancies in the current application portfolio, enhancing an organization’s ability to hone business processes. 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. What is Application Portfolio Rationalization? We are the principal partners of these enterprises in delivering value-driven IT solutions, including application support services, application augmentations, and application transformation services. known as application portfolio management or APM. WARP empowers you to take the first step towards retaking control of your application landscape. Wine Chocolate Recipe, Enji Prime Digital Dog Thermometer, Talk Like A Grizzled Prospector Day, Via Christi Family Medicine Residency, Vital Essentials Canada, Non Stop Flights To Turks And Caicos, Grant High School Graduation 2021,

Benefits. Level 2 - Basic Rationalization. Application Portfolio Rationalization Over time, application portfolios grow in a divergent fashion as each business function attempts to improve its performance and address its challenges. Application Portfolio Management for Small Enterprises. The Application Retirement Framework diagram provides an overview of the processes and actions that make ... analyze both the technology, or apps landscape (the application portfolio… What are the 4 increasing levels of maturity that we can break the Application Portfolio Management journey into. There is no one-size-fits-all rationalization. IT consolidation. 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 … CGI’s application portfolio management (APM) services enable organizations to continuously improve and evolve their application portfolios to address changing business needs and drive long-term value. With the help of APR, organizations can easily migrate from one platform to another, decrease the application development cost & improve the delivery of applications. Remote Facilitation Expertise. The output of Application Rationalization activity is the “Application Transition Roadmap” -> which should feed into Investment Portfolio Management to fund these new Application initiatives. CFOs and CIOs in your position will be examining application portfolio rationalization to align the software being used with the company’s current objectives. Identify who owns the application Identify the appropriate stakeholders (users) of the applications. 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 . Application Portfolio Management is also referred to as Application Portfolio Rationalization. Project, Requirements Discovery, Story Mapping, Audax Labs’ Application Portfolio Rationalization framework offers a robust model for assessment of technology landscape and strategic fit of the application portfolio. Level 3 - Advanced Rationalization. In its simplest form, application rationalization is a framework of logical, defined steps for the assessment, and clear understanding, of the entire application landscape that will be impacted by an operating system upgrade or platform migration (VDI, hosted app, packaging, etc.). Level 1 - Applications under management. 2008:055 ISSN: 1651-4769 JIMMI KELLERMAN PATRIK LÖFGREN IT University of Göteborg It is how you arrive at those decisions that is crucial to the success of the union. Technology applications can grow like weeds in a company. Application Rationalization and SOA Page 3 of 7 Objectives ... business initiatives conform to the Application Rationalization framework. 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. Highlights. As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … How business architecture helps with analysis, rationalization and decision-making. Lay your foundations. Application Portfolio Management A Framework for Application Destiny Determination Chalmers University of Technology and University of Göteborg Master Thesis in Informatics REPORT NO. application and infrastructure knowledge and accelerators for rapid progress and costs control in implementing technology led transformations such as defining and implementing the Right Cloud Strategy, application portfolio rationalization, legacy modernization, capacity optimization and storage optimization. IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. Conduct regular portfolio rationalization reviews: Identify the applications with the worst performance in terms of meeting business needs in a cost-effective and reliable manner. Application rationalization during M&A is a like newlywed couple with each person bringing their own stuff to the marriage. This will ensure that it continues to add value to the organisation’s business and costs are driven out where possible. Agencies are encouraged As Apptio put it, “Application rationalization is the process of cataloging and eliminating duplicate software applications used across an … The framework also provides solutions such as decentralization of the software/applications, cloud migration, application retirement, etc. Executes the application rationalization roadmap through projects to modernize, migrate, replace, and retire redundant applications. Application Portfolio Management (APM) Use information from the Service Graph™ to deliver a complete picture of your application portfolio to help you make faster decisions. The Complete Guide to: Integration Architecture. emids+encore has defined an IT application portfolio management (APM) framework (Figure 1) that provides a model for managing an organization’s IT assets. 400 business processes activities in-scope; 36% reduction in application portfolio recommended; 16% reduction in costs identified post rationalization; 34% reduction identified in legacy application code with same levels of utility; 100% visibility of the corporate action portfolio was made available; End-to-end legacy modernization plan formulated CFOs and CIOs in your position will be examining application portfolio rationalization to align the software being used with the company’s current objectives. 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. 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. Enter no text in this field. Exploring a Gain-share model A model that enables “owning the outcome” and helps unite the goals of the implementing Application Rationalization. Metrics can provide information from various perspective such as business , technology, financials, IT Strategy and IT … Capture and Categorize Our framework establishes a common business understanding of … The framework is focused on understanding, analyzing and transforming the current application portfolio to arrive at the most effective rationalized application portfolio. Application Portfolio Health. rises, conventional application portfolio management — or rationalization — is losing its relevance, as it typically focuses on the long-term goals of consolidation, standardization and optimization. Application Portfolio Rationalization. Left unchecked, they choke processes and drag down performance levels. Somebody’s dishes go in the cabinet and somebody’s get donated. Plan your application rationalization framework. Sparx Services North America brings a complete solution for Capability Based Planning and Portfolio Rationalization, including the leading industry Frameworx content from the TM Forum and the world’s leading architecture platform from Sparx Systems. Organize applications to determine their rationalization You can identify multiple applications assigned to the same application category, region, or business. 5 Steps of the rationalization … But nobody needs two toasters, two sets of pots and pans and two irons. Executes the application rationalization roadmap through projects to modernize, migrate, replace, and retire redundant applications. 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. It allows organizations to identify which applications to maintain, invest in, replace, or retire How to Buy. Data-driven with Business Consensus. Build an application portfolio roadmap that shows your target state based on your rationalization decisions. This allows IT departments to improve efficiency, simplify portfolio complexity, and lower the total cost of ownership (TCO) for their application portfolio. Apply a true lifecycle approach to applications and data. 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 . Application rationalization during M&A is a like newlywed couple with each person bringing their own stuff to the marriage. Application Portfolio Rationalization is not just a buzz word, and it is not just for mega corporations – it is a business imperative that needs to be tackled head-on by more small and medium sized businesses as well as the very large. Below are some of the Left unchecked, they choke processes and drag down performance levels. Why does a company need Application Rationalization? Level 4 - Continuously Optimized Portfolio. Around 70% of companies do not have standard documentation on the present version of their application portfolio. Application Portfolio Management (APM) is the practice of governing and optimizing inventories of software applications to achieve precise business objectives. Application Rationalization is a topic that wanders around in every organization. The Complete Guide to: Application Rationalization. Build the action plan... 2. COVID-19 Underscores the Imperative for a Short Strategy to Execution Cycle. 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. But nobody needs two toasters, two sets of pots and pans and two irons. Application Portfolio Rationalization. Determine the cost and value of … Formally, APM is the ongoing management process of categorization, assessment, and rationalization of the IT application portfolio. Comprises industry-standard tools and mechanisms; Robust Framework for Application Portfolio Rationalization. Application rationalization is the process of cataloging and eliminating duplicate software applications used across an organization. Application rationalization helps Portfolio Managers improve their agency’s approach to IT modernization. Efficiently manage application rationalization and improve IT governance. In order to get the most benefit from your application rationalization initiative , you need to identify a framework for ensuring business alignment and a process that is defensible and repeatable. COVID-19 UPDATE: All projects and workshops continue to be performed employing our Online Engagement Framework. What is Application Rationalization? Application rationalization is the process of cataloging and eliminating duplicate software applications used across an organization. This allows IT departments to improve efficiency, simplify portfolio complexity, and lower the total cost of ownership (TCO) for their application portfolio. Close. This paper describes a robust Application Portfolio Rationalization (APR) framework for understanding functional and technical gaps, and recommends opportunities to replace/transform, retain, The Nuts and Bolts of Rationalizing the Application Portfolio migrate, technically or functionally extend an application for The Application Rationalization Toolkit – increasing its usefulness. Application review. Features. Our Value Proposition. 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 Complete Guide to: Business Impact Analysis. Why go through more than just a mere audit of your SaaS applications? Fabriek et al. Application Rationalization Program. What is Application Portfolio Rationalization? 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. We will also provide you a fore view of the related demands on infrastructure, people and monetary resources. Business Situation. [2007] make further contributions, proposing a method for application portfolio rationalization comprising three major steps: assessment, evaluation, and planning. 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 … Application Portfolio Rationalization Perform Health Assessment of your Application Portfolio to Focus on Strategic Capabilities and Technology Alignment. If it is done correctly it has mainly two benefits: 1) Decrease Complexity - The application landscape becomes less complex, thus becoming more flexible and more easy to increase and ensure business continuity. This white paper proposes a new-age framework of application portfolio It is how you arrive at those decisions that is crucial to the success of the union. We advocate using Gartner's TIME model to measure and map the business value of applications. This information helps you to know who is using the applications, the usage frequency, the application status, and make informed decisions. There is no one-size-fits-all application rationalization process, rather agencies should tailor their approach to fit mission, business, technology, human … Our Best Practices approach to application rationalization involves categorizing your IT portfolio according to return on investment, alignment with strategic goals and other factors, identifying redundancies, and developing and implementing a roadmap to financial and operational optimization. Gain Efficiency, Lower Costs, and Unleash the Potential of Your Application Portfolio. The funded projects are then fed to Project Portfolio Management process for execution. project portfolio management) and system applications (a.k.a application rationalization and application … costs, and maximize efficiency. 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 Demo. Application Portfolio Rationalization Framework iReturns ROI Assessment Framework Claro Agnitio Assessment Framework. LTI’s Application Portfolio Rationalization offering can help firms effectively upgrade, retire or consolidate applications, thus shortening the time-to-market of new initiatives, while reducing costs. Apply various application assessments to build a clear picture of your portfolio. Unlock Application Portfolio Management for Small Enterprises. to label a potential future state for any workload that's being considered as application portfolio rationalization can improve your bottom line by saving money, reducing risk, improving compliance and minimizing complexity. Tailor the application rationalization framework (ARF) to your company's motivations, goals, and limitations. Application Portfolio Rationalization is not just a buzz word, and it is not just for mega corporations – it is a business imperative that needs to be tackled head-on by more small and medium sized businesses as well as the very large. We collaborate with them to control, manage, and innovate across all aspects of their IT environment. TIME represents a 2x2 quadrant and is an acronym for Tolerate, Invest, Migrate, Eliminate. 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. WARP: Wide-angle Application Rationalization Program Application rationalization is the method of finding and resolving duplicate software applications used across an organization. IT Portfolio of more than 100 applications and a dozen data marts supporting administrative functions and operations. Created a Governance and Application Rationalization sustainability framework to take in to account application lifecycle (including procurement), to-be-Introduced technologies such as cloud based applications and mobile applications, exception processing, communication and management, and ability to serve M&A work The framework uses a combination of methods and artifacts to gather information on applications, carry out assessment and produce outputs determining recommended hosting requirements for applications. Application Portfolio Rationalization (APR) leads to reduced Total Cost of Ownership (TCO) and maximization of business ROI. This is realized through application elimination, migration, consolidation, or modernization. Reducing cost: Adoption of next-generation technologies for the functional fit and for business criticality. Application & Data Rationalization. A simple way to identify applications in need of rationalization is to plot them on a quadrant chart in terms of ownership costs and business value. Somebody’s dishes go in the cabinet and somebody’s get donated. Full Name. Technology applications can grow like weeds in a company. The summarized information at the application category level enables you to compare applications within a category using various metrics. Application Portfolio Management (APM) is a framework for managing applications in enterprise. Get Instant Access. Stop counting licenses and start definining business value. APM provides an inventory of an organization’s software applications and software-based services as well as metrics showing the business benefits of each application. Define the motivations, goals, and scope of your rationalization effort. Tailor your framework to meet your goals. to reduced Total Cost of Ownership (TCO) and maximization of business ROI. IT Portfolio Rationalization. • Apply the 80/20 rule to Application Functionality. The framework also provides solutions such as decentralization of the software/applications, cloud migration, application retirement, etc. Application rationalization: A powerful catalyst for . 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 Rationalization. Our application portfolio rationalization framework helps the enterprise to eliminate redundant and non-critical applications from the portfolio / inventory, and thus save the additional efforts required for maintaining the applications. Similarly, Dern [2006] offers an extensive set Establish the application business value, its quality and its costs. The result is redundant applications or disparate usage of the same application. Our Application Rationalization and Modernization Framework follows a process to capture, categorize, and evaluate the organization’s Business Capabilities and current Application Portfolio. MNJ Software's ROI analysis will ensure that you get a fair idea on your ROI. Enables to provide recommendations to retain, migrate, replace/transform, conduct functional/ technical upgrades, and consolidate IT portfolio; APR Analytical Model and Rationalization Map. These latter stages are defined in the last three arrows of figure 3 where Application Portfolio Management ensures the An oversimplified description of application rationalization is a decision-making framework to help determine the strategic direction of your apps. The value is clear: this is how your applications—and their users—benefit from portfolio management-based application rationalization. Our Services. Do not fill in this field. 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. Redundancies develop, and software rollouts aren’t coordinated for maximum efficiency. Build an Application Rationalization Framework 1. the application portfolio. SURE Framework for Application Portfolio Rationalization Persistent Systems SURE Framework is a systematic top down approach that offers deep insights and recommendations to help enterprises take the right decision for their application portfolio management initiative. Part 1- Reduce Cost and Risk Through Application Portfolio Rationalization Traditional application rationalization efforts have historically been too narrow in their focus and often leave value on the table. Scottish Water re-selects Orbus Software above other MQ leaders as its Enterprise Architecture Solution Partner. Application portfolio rationalization (APR) aims to analyze and restructure the complete set of applications in an organization. Application Rationalization Tool-Kit. Application portfolio rationalization is a powerful . application portfolio rationalization can improve your bottom line by saving money, reducing risk, improving compliance and minimizing complexity. Application Portfolio Analysis framework is a standardized repeatable process used for cloud migration assessment. IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. The six steps provide discrete actions for agencies to consider when undergoing application rationalization. 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. A robust framework for application portfolio rationalization involves data collection, applica-tion profiling, application value analysis, identi-fication of opportunities and defining an imple-mentation roadmap. Application rationalization initiatives are most successful when the application portfolio is clearly aligned to business outcomes. Audax Labs’ Application Portfolio Rationalization framework offers a robust model for assessment of technology landscape and strategic fit of the application portfolio. 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. Desire to optimize the application portfolio by evaluating and managing trade-offs in business value, cost, and risk. Redundancies develop, and software rollouts aren’t coordinated for maximum efficiency. catalyst for state and local government IT consolidation and transformation initiatives when based on a rigorous assessment aligned with organizational goals and proactive efforts to manage change. 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. 400 business processes activities in-scope; 36% reduction in application portfolio recommended; 16% reduction in costs identified post rationalization; 34% reduction identified in legacy application code with same levels of utility; 100% visibility of the corporate action portfolio was made available; End-to-end legacy modernization plan formulated This loss of focus can accentuate alignment gaps between business and IT. How to Rationalize Your Application Portfolio ... To avoid that outcome, rationalization must be an integral part of the engagement. An essential part of the software lifecycle is periodically evaluating and overhauling the portfolio of applications in your organization. Application Portfolio Management. Deliver IT Governance Framework for Review, Approval and Release Procedures. An oversimplified description of application rationalization is a decision-making framework to help determine the strategic direction of your apps. Architecture Vision Considerations• Make it clear that Portfolio Rationalization may effect a loss in functionality in order to enable greater agility. View Data Sheet. of applications and reduce costs, the application portfolio needs to be continually managed. Application portfolio management (APM) is designed after concepts of financial portfolio management. Conduct regular portfolio rationalization reviews: Identify the applications with the worst performance in terms of meeting business needs in a cost-effective and reliable manner. Application Rationalization is often identified as the solution. Optimize your IT budget to enable investments in growth and create a distinct competitive advantage using an IT Portfolio Management tool. As a result, bring 5X – 10X Business Process Optimization Delivers the best in customer/user research, service blueprints, journey mapping, ideation workshops, strategic measurement and product roadmaps. Information Technology Portfolio Management (IT PM) and offers a wide set of criteria for application analysis. If the target application supports 80% of the required functionality then the remaining 20% should not preclude its adoption as the standard. 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. Application Portfolio Rationalization (APR) High IT complexity slows down business by limiting flexible reaction to changed client expectations and requirements Negative impacts include… • Business growth limited through IT limitations – time to market too slow • Inconsistent user and client experience An organization can use the process of application rationalization to transform a highly complex, costly, and disparate application catalog into an agile, lean, and productive portfolio, aligned with strategic business needs. Understand the core assessments performed in application... 3. Resources. Application rationalization can provide insights into gaps or redundancies in the current application portfolio, enhancing an organization’s ability to hone business processes. 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. What is Application Portfolio Rationalization? We are the principal partners of these enterprises in delivering value-driven IT solutions, including application support services, application augmentations, and application transformation services. known as application portfolio management or APM. WARP empowers you to take the first step towards retaking control of your application landscape.

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