Application Portfolio Management

Gain competitive advantage through continuous management of your application portfolios

Your company depends on IT to provide strategic advantage to the greater business. However, there are many obstacles to finding the time and budget needed to drive innovation. There are regulations to manage and risks to mitigate. You need to reduce costs to increase profits. Customer expectations are high, and business-critical applications must be maintained—in fact, recent studies show organizations like yours can spend over 75 percent of their total IT budgets on sustaining existing applications.

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Increase IT value to the business

There is a way to break through this gridlock and free up funds for innovation and competitive advantage. Recent research indicates that active management of your existing application portfolio is the single greatest opportunity to identify areas for IT savings while increasing the business value you can deliver.

Application Portfolio Management (APM) is a critical component of an overall IT portfolio management and governance strategy, which allows for real-time visibility into key application metrics as well as portfolio views which enable effective decision-making about your application investments.

Key steps toward unlocking the potential of this application discipline include engaging the line-of-business clients to agree on the business value of all applications in your inventory, and determining which technical and operational metrics are necessary for decision-making.

Develop a strategic roadmap for your applications

Application Portfolio Management is not a static, one-time exercise, but rather a continual and evolving process that involves the categorization, assessment and rationalization of your application portfolio. Ongoing monitoring and analysis of the application portfolio allow you to develop a strategic roadmap, including which applications to maintain, invest in, replace or retire.

Support a sustainable approach to APM

Organizations looking to mature their Application Portfolio Management discipline find value using Compuware Changepoint. Changepoint supports a sustainable approach to APM by holding your inventory of applications and gathering important metrics such as risk, cost and value for each application within your portfolio. It also provides survey capabilities, making it possible to gather information from broader communities of stakeholders, such as risk ratings or user satisfaction. Within Changepoint Application Portfolio Management, surveys can be used to help build a more accurate application inventory while collecting key baseline information such as application performance levels, total cost anduser satisfaction. Surveys can also help gather information that allows you to assess the extent of client satisfaction with individual applications, assisting in application life-cycle decision making.

Changepoint helps IT organizations:

catalog all applications in a single repository
track key business metrics for each application in a sustainable fashion
make more informed business decisions with multi-dimensional data views
obtain visibility into which applications provide the greatest strategic advantages to the business
monitor, manage and conduct ongoing analysis of all applications with graphical dashboard views
communicate that value back to the business with end-user-reporting capabilities.

Align application portfolios with business goals

Altogether, Changepoint provides the ability to accurately assess your application portfolio’s total cost, risk, performance, value and user satisfaction: information that goes a long way in helping you maximize the business value of your application portfolios across the entire life cycle.

Changepoint puts you in control of your application portfolio, allowing you to achieve better alignment with business goals, create a balanced portfolio and unlock the potential for real savings.