Application portfolio optimization is a structured approach to improve ROI from application investments. It involves defining goals, creating an application inventory, assessing the portfolio based on business and technical parameters, and optimizing through actions like retiring, replacing, re-engineering or retaining applications. This helps address issues like lack of business-IT alignment, redundant applications, and inefficient adaptation. APO benefits include strategic cost management, improved processes, governance and efficiency, and improved agility to address business needs.
The Future of IT: A Zero Maintenance StrategyCognizant
IT organizations walk a fine line in optimizing both maintenance and opportunity costs but our structured approach ensures operational excellence by emphasizing the need to run technical, operational, functional and knowledge "debts" and calibrate applications on business throughput.
A New Approach to Application Portfolio Assessment for New-Age Business-Techn...Cognizant
SMAC technologies are propelling new business models, requiring an application portfolio assessment that considers the necessary capabilities and processes to enable effective digital business transformation.
Application Rationalization is a fairly standard process comprising of an end-to-end analysis of the application portfolios in each domain, identifying the overlapping functionalities, unused applications and bottlenecks in systems.
Industrializing Zero Application MaintenanceCognizant
By applying a rigorous and automated approach to supporting applications, IT organizations can reduce spending, increase repair accuracy, minimize application debt across the portfolio, free up resources for more strategic business imperatives and improve application yield to deliver enhanced business outcomes.
Creating an Agile Enterprise ArchitectureCognizant
With the proliferation of digital, the function of enterprise architecture is more critical than ever. Getting there requires a strong, agile enterprise architectural foundation that can embrace a fail-fast/fail-safe approach to the IT charter of stronger business alignment, while ensuring that services are delivered fast and friction-free to meet the needs of today’s dynamic business objectives.
The Future of IT: A Zero Maintenance StrategyCognizant
IT organizations walk a fine line in optimizing both maintenance and opportunity costs but our structured approach ensures operational excellence by emphasizing the need to run technical, operational, functional and knowledge "debts" and calibrate applications on business throughput.
A New Approach to Application Portfolio Assessment for New-Age Business-Techn...Cognizant
SMAC technologies are propelling new business models, requiring an application portfolio assessment that considers the necessary capabilities and processes to enable effective digital business transformation.
Application Rationalization is a fairly standard process comprising of an end-to-end analysis of the application portfolios in each domain, identifying the overlapping functionalities, unused applications and bottlenecks in systems.
Industrializing Zero Application MaintenanceCognizant
By applying a rigorous and automated approach to supporting applications, IT organizations can reduce spending, increase repair accuracy, minimize application debt across the portfolio, free up resources for more strategic business imperatives and improve application yield to deliver enhanced business outcomes.
Creating an Agile Enterprise ArchitectureCognizant
With the proliferation of digital, the function of enterprise architecture is more critical than ever. Getting there requires a strong, agile enterprise architectural foundation that can embrace a fail-fast/fail-safe approach to the IT charter of stronger business alignment, while ensuring that services are delivered fast and friction-free to meet the needs of today’s dynamic business objectives.
An Integrated Approach to Application Portfolio RationalizationCognizant
An application portfolio rationalization (APR) process can yield great IT gains in TCO, COGS, ROI and maneuvering room for new projects and technologies. Properly conducted, an AVR will uncover key retirement, integration or technical remediation opportunities, but it requires business buy-in and clear goals as well as the effective use of proven tools and accelerators.
The utilization of the arrangement of big business capital Increasingly, the program has been more noticeable in a lot of the present Companies. In a few organizations, it is acquainted in an endeavor with raise market execution. The idea of industry, it is conceivable to operationalize accomplishment as the element's monetary benefits, Improvements in assistance for the theoretical increases, or operational additions for the Association.
Asset Information and Analytics Drivers of Process Industry Operational Excel...Rolta
Operational excellence (OpX) is fundamental for success in the process industries and asset performance management plays a central role in every OpX program. This report reviews how poor asset information is constraining asset performance and what organizations can do to overcome these problems and significantly improve their asset performance.
Optimizing IT Operations with Natural Language ProcessingCognizant
As artificial intelligence becomes increasingly mainstream, natural language processing techniques are emerging to help IT teams gain enhanced understanding of their operations landscape and to further optimize the ticket management process.
Given the myriad challenges faced by the industry today, natural gas local distribution companies can benefit from assessing business performance through benchmarking to help identify performance gaps and improvement opportunities. ScottMadden has a low-cost approach to providing this information to its clients, as described in our Natural Gas Benchmarking document. The objective of this review is to provide high-level financial and operating comparisons that will help company management identify potential opportunities for improvement.
For more information, please visit www.scottmadden.com.
Business & Software Factories (BSF), the future of corporate ITinfosistema
The Portfolio Management and the need to introduce technological innovation along with the need to keep up and running all the legacy systems, represents today a huge challenge for IT departments and information systems in all organizations. The diversity of manufacturers, platforms, technologies and skills to maintain them is another huge challenge for CIOs in organizations, which have increasingly reduced budgets, thus forcing a cut in structural or strategic investments and to seek other solutions that will enhance the processes performance in organizations (Forrester, 2014; Pereira, 2014).
Investigation and Study of Vital Factors in Selection, Implementation and Sat...IJECEIAES
Small and Medium Scale Enterprises in India are the most productive job designers and forerunners in developing new ideas in the field of business. SMEs not only play a vital role in providing large scale employment openings at reasonably lower capital than large businesses but also help in industrialization of rural areas in India. SMEs are complementary to large industries as subsidiary units and this sector contributes immensely to the socio-economic development of the country. Small and Medium scale industries have grown tremendously in the last 5 decades. In spite of high enthusiasm and intrinsic capabilities to grow, there are a number of problems faced by SME‟s; one of them is the „technological obsolescence‟. The SME sector in order to outcome this challenge must make advances in the field of engineering and technology. Adoption of Information Communication Technology in their business process can enhance their productivity and global competency.in the market. In this connection Enterprise Resource Planning plays a vital role in the SME‟s business process strategy. Hence there is a need for the motivation to implement ERP and find whether the current ICT solution the industries using are adequate for their strategy. In this paper we try to find out which ERP vendors does the SME sectors prefer, are the features of the ERP system and the implementation methodology selected have met the business goals and user satisfaction.
Behavioral Aspects of IT Employees towards Problems and Prospects of Activity...Dr. Amarjeet Singh
Activity Based Costing (ABC) is a new variant in cost
management practices emerged in 1980’s, which caters to the
needs of organizations in effective control and monitoring cost
and better management of profitability. The success of ABC
duly depends on articulation of implementation of ABC and
the outcome of Activity Based Cost and Management
(ABCM). Though employees experience a positive outcome, it
is beyond doubt that they can support the ABC rather
resisting the same. The main objective of this paper is to
examine the perception of IT companies’ employees’ towards
implementation of Activity-Based Costing(ABC). A normative
list of benefits concerning the ability of ABC systems to
redirect the behavior of individuals was abstracted from the
interviews opinion and compared to the perceived benefits
gathered from interviews with firm employees. This will
permit IT Companies and provides relevant information that
will enable them to make better decisions with regard to
measure the successful implementation of ABC in IT
Companies.
17 Must-Do's to Create a Product-Centric IT OrganizationCognizant
Tightening IT-business alignment and embracing Agile, DevOps and Lean Startup principles, while transcending traditional project management disciplines by incorporating product engineering rigor, are critical to creating an effective, digitally enhanced business.
Technology project executions rank high on CFOs’ most worrisome risks and enterprise resource planning system (ERP) projects are among them. Surveys regularly show that a significant number of strategic ERP projects fail to deliver expected outcomes, are delayed, and exceed budgets by a long shot. While most companies avoid catastrophic ERP failures, only a few wring out the most value. For top management, failing to deliver a strategic priority is rarely an option. Given a mature ERP solutions market place and mostly competent ERP installers, why do organizations frequently stumble?
Best practices in spending analysis - cure for a corporate epidemicNaman Verma
Best practices in spending analysis - cure for a corporate epidemic, this will help users on the learning of Spend Analysis and key factors affecting spend of any organization
An Integrated Approach to Application Portfolio RationalizationCognizant
An application portfolio rationalization (APR) process can yield great IT gains in TCO, COGS, ROI and maneuvering room for new projects and technologies. Properly conducted, an AVR will uncover key retirement, integration or technical remediation opportunities, but it requires business buy-in and clear goals as well as the effective use of proven tools and accelerators.
The utilization of the arrangement of big business capital Increasingly, the program has been more noticeable in a lot of the present Companies. In a few organizations, it is acquainted in an endeavor with raise market execution. The idea of industry, it is conceivable to operationalize accomplishment as the element's monetary benefits, Improvements in assistance for the theoretical increases, or operational additions for the Association.
Asset Information and Analytics Drivers of Process Industry Operational Excel...Rolta
Operational excellence (OpX) is fundamental for success in the process industries and asset performance management plays a central role in every OpX program. This report reviews how poor asset information is constraining asset performance and what organizations can do to overcome these problems and significantly improve their asset performance.
Optimizing IT Operations with Natural Language ProcessingCognizant
As artificial intelligence becomes increasingly mainstream, natural language processing techniques are emerging to help IT teams gain enhanced understanding of their operations landscape and to further optimize the ticket management process.
Given the myriad challenges faced by the industry today, natural gas local distribution companies can benefit from assessing business performance through benchmarking to help identify performance gaps and improvement opportunities. ScottMadden has a low-cost approach to providing this information to its clients, as described in our Natural Gas Benchmarking document. The objective of this review is to provide high-level financial and operating comparisons that will help company management identify potential opportunities for improvement.
For more information, please visit www.scottmadden.com.
Business & Software Factories (BSF), the future of corporate ITinfosistema
The Portfolio Management and the need to introduce technological innovation along with the need to keep up and running all the legacy systems, represents today a huge challenge for IT departments and information systems in all organizations. The diversity of manufacturers, platforms, technologies and skills to maintain them is another huge challenge for CIOs in organizations, which have increasingly reduced budgets, thus forcing a cut in structural or strategic investments and to seek other solutions that will enhance the processes performance in organizations (Forrester, 2014; Pereira, 2014).
Investigation and Study of Vital Factors in Selection, Implementation and Sat...IJECEIAES
Small and Medium Scale Enterprises in India are the most productive job designers and forerunners in developing new ideas in the field of business. SMEs not only play a vital role in providing large scale employment openings at reasonably lower capital than large businesses but also help in industrialization of rural areas in India. SMEs are complementary to large industries as subsidiary units and this sector contributes immensely to the socio-economic development of the country. Small and Medium scale industries have grown tremendously in the last 5 decades. In spite of high enthusiasm and intrinsic capabilities to grow, there are a number of problems faced by SME‟s; one of them is the „technological obsolescence‟. The SME sector in order to outcome this challenge must make advances in the field of engineering and technology. Adoption of Information Communication Technology in their business process can enhance their productivity and global competency.in the market. In this connection Enterprise Resource Planning plays a vital role in the SME‟s business process strategy. Hence there is a need for the motivation to implement ERP and find whether the current ICT solution the industries using are adequate for their strategy. In this paper we try to find out which ERP vendors does the SME sectors prefer, are the features of the ERP system and the implementation methodology selected have met the business goals and user satisfaction.
Behavioral Aspects of IT Employees towards Problems and Prospects of Activity...Dr. Amarjeet Singh
Activity Based Costing (ABC) is a new variant in cost
management practices emerged in 1980’s, which caters to the
needs of organizations in effective control and monitoring cost
and better management of profitability. The success of ABC
duly depends on articulation of implementation of ABC and
the outcome of Activity Based Cost and Management
(ABCM). Though employees experience a positive outcome, it
is beyond doubt that they can support the ABC rather
resisting the same. The main objective of this paper is to
examine the perception of IT companies’ employees’ towards
implementation of Activity-Based Costing(ABC). A normative
list of benefits concerning the ability of ABC systems to
redirect the behavior of individuals was abstracted from the
interviews opinion and compared to the perceived benefits
gathered from interviews with firm employees. This will
permit IT Companies and provides relevant information that
will enable them to make better decisions with regard to
measure the successful implementation of ABC in IT
Companies.
17 Must-Do's to Create a Product-Centric IT OrganizationCognizant
Tightening IT-business alignment and embracing Agile, DevOps and Lean Startup principles, while transcending traditional project management disciplines by incorporating product engineering rigor, are critical to creating an effective, digitally enhanced business.
Technology project executions rank high on CFOs’ most worrisome risks and enterprise resource planning system (ERP) projects are among them. Surveys regularly show that a significant number of strategic ERP projects fail to deliver expected outcomes, are delayed, and exceed budgets by a long shot. While most companies avoid catastrophic ERP failures, only a few wring out the most value. For top management, failing to deliver a strategic priority is rarely an option. Given a mature ERP solutions market place and mostly competent ERP installers, why do organizations frequently stumble?
Best practices in spending analysis - cure for a corporate epidemicNaman Verma
Best practices in spending analysis - cure for a corporate epidemic, this will help users on the learning of Spend Analysis and key factors affecting spend of any organization
This lesson teaches CA Draft Library Standards on using advanced search techniques. This skill is put to use using Gale Virtual Reference Library along with the Big 6 research organizer.
This Call Center Today Whitepaper is on Inside Sales, and the magic of inventive, structured, very powerful inside sales performance. Email MyCallCenter@CallCenterToday.com if you have questions or want more information on call center development and Call Center Today. www.CallCenterToday.com
Application rationalization- Invest today to save tomorrow!Vivek Mishra
As organizations grow, their IT environment gets complex with all the digital applications acquired over time. Due to this, the platform is plagued by data silos and unstructured applications that do not work together anymore. This is where application portfolio rationalization or APR kicks in.
Learn how APR can help you in streamlining the existing application portfolio with an explicit goal of improving efficiency, reducing complexity, and lowering Total Cost of Ownership.
Building Business Capabilities and Improving the Application Landscape
1. Balance Decision Making: Top-down for business capabilities; bottom-up effective landscape
2. 3 Categories are used for building the IT budget: Assign metrics that drive prioritization based on business outcomes
3. New projects should balance new capability with business risk
4. Improve landscape: accelerate time to market
5. Improve landscape: budget for high availability of critical applications and improve runtime performance
6. Improve Landscape: Strive to reduce business risks caused by application vulnerabilities
7. Improve Landscape: Prepare for dynamic staffing models
8. Improve landscape: Reduce applications support cost
9. Break Fix
A well-designed IT Service Delivery Model is critical to achieving success in IT management and operations. Many IT organizations focus on optimizing their technology assets -- the infrastructure and applications. However, in our experience, business value is achieved most effectively when technology assets and the IT service delivery model are integrated and work together seamlessly.
Technology Cost Management 4D Framework: A Smarter Way to Manage IT CostsCognizant
A framework for financial services IT cost management optimization based on a 4D approach: defining business vision, documenting current state, delineating business architecture and deciding build vs. buy.
The business case for software analysis & measurementCAST
As software becomes more integrated into our daily lives, companies are finding that visibility into the systems that run their business has many benefits: reduces business risks, increases revenue, and improves IT spending.
This whitepaper provides a framework for capturing the impact of software analytics on your business and a worksheet to help you create your own business case. Leaders that can clearly articulate this value are more successful than their peers in obtaining strategic support and funding for software analytics.
5 Essential Steps for Successful Application Modernization StrategyJohnAdams514191
Explore the 5 Essential Steps for Successful Application Modernization Strategy in our latest blog post. We guide you through the process of modernizing your applications, from comprehensive assessment and planning to defining clear objectives and prioritizing applications. Discover various modernization approaches, learn best practices for execution and implementation, and understand the importance of continuous testing, monitoring, and improvement. This insightful guide is designed to help businesses enhance performance, user experience, and security in today's competitive digital landscape.
Read the full blog here in the link above.
IJRET : International Journal of Research in Engineering and Technology is an international peer reviewed, online journal published by eSAT Publishing House for the enhancement of research in various disciplines of Engineering and Technology. The aim and scope of the journal is to provide an academic medium and an important reference for the advancement and dissemination of research results that support high-level learning, teaching and research in the fields of Engineering and Technology. We bring together Scientists, Academician, Field Engineers, Scholars and Students of related fields of Engineering and Technology
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
1. A Thought Paper on “Application Portfolio Optimization
Approach” from the Business Consulting Group
Right Aligning
Application Investments
2. Executive Summary
As software applications play an ever increasing role in enabling business operations of corpora-
tions, CIOs and IT leaders face considerable pressure to create more and more sophisticated,
flexible, agile and high performance solutions while grappling with pressures on increasing costs.
Any historical analysis on application investments made by corporate would reveal investments of
billions of dollars in software applications. A significant challenge that CIOs face however, is a
question on which of these really yielded desired business results. Reasons for these are mani-
fold.
This is driving a consistent need towards an Application Portfolio Optimization approach to help
drive better ROI from application investments. In this paper, we examine the challenges, needs
and expectations around an application optimization approach and present a structured approach
for the same.
2
3. 3
Figure 1
Value erosion from application investments can be traced back to a number of factors such as lack
of business-IT alignment, absence of a business value case, overuse of legacy technologies,
changing consumer sentiments and needs, lack of a structured portfolio approach towards new
application investments, etc. As an example, business-IT alignment challenges often manifest
themselves in situations as mentioned below in Figure 1:
We often see organizations make a push towards IT investments driven largely by short term con-
siderations rather than long term potential business value creation. This has sometimes resulted
in complex, inflexible and high cost heterogeneous IT environment with redundant applications
and processes. The combination of complexity and lack of oversight has resulted in inefficient
adaptation of applications resulting in risks and delays. Meanwhile increased regulatory require-
ments have led to a huge upsurge in governance procedures and application compliance. In
today’s world of constant evolution and innovations IT organizations are finding it a huge challenge
to create sustainable value and innovation.
As a way of addressing these challenges, many organizations are turning to Application Portfolio
Analysis and Management as a structured process and method to modernize their portfolio,
extract more value out of the portfolio and drive better business-IT alignment and value creation.
Application Portfolio Challenges
Competitive
Differentiation
Drive
differentiation
through new
technology
adoption and new
technology driven
business
capabilities
New Business
Models
Companies are
re-analyzing
current strategies
to reflect changing
needs and ways of
doing business
Agility & Ability
to Turn on a
Dime
To stay ahead of
the competition
companies need to
respond at a faster
rate
Reduce IT
Costs
Companies are
under pressure to
reduce IT costs
which in turn
would effect
performance and
development
Address
Redundancies &
Modernization
needs
Help address
redundancies and
non productive IT
assets through
rationalization,
consolidation and
legacy moderniza-
tion
4. 4
Application Portfolio Analysis (APA) is a methodology and framework that improves organiza-
tional understanding of applications leading to their effective management. Such approaches
help drive alignment of application portfolio with business strategy and also bring in an enterprise
architecture concept while helping improve the business value of applications.
We believe, if organizations view APA as an iterative methodical process rather than a one-time
investment, it can help transition the focus of organizations from “keep the lights on” activities to
“tactical informed business investments”.
Quantifying the business related merits of APA can be measured through the organization’s IT
budget. IT budget control is particularly important in the current economic environment as there
is a great deal of concern about financial conditions, particularly among senior managers. Hence,
they are well-positioned and well aware to exploit cost control tactics.
Figure 2 provides an illustrative example of how APA can help organizations open up additional
avenues of strategic/discretionary investments.
Application Portfolio Analysis Benefits Articulation
Figure 2
G
O
A
L
S
Help enhance strategic/ discretionary
spend
Change IT Value-Cost (Cost to Serve)
baseline
Establish business value of IT
M
E
A
N
S
Rationalize & Consolidate
Modernize – address technology
obsolescence
Standardize Enterprise Architecture
NB:The numbers are illustrative only
ITSPENDINGCOSTHEADS
AS IS TO BE
BUDGETARY ALLOCATIONS
Strategic IT
Budgets
Discretionary
Budgets
“Keep Lights
On” Budgets
Expand by
20-25%
Expand by
10-20%
Reduce by
15-20%
10-20%
20-30%
60-70%
CHANGINGITBUDGETMIX
5. It is important to note that even though specific portfolio objectives exist for APA such as cost con-
trol, there are other objectives which can be achieved during the process as mentioned in Figure
3:
A robust framework for Application Portfolio Optimization (APO) is focused on understanding,
evaluating and transforming the current portfolio to an effective rationalized portfolio. This trans-
formation will lead to the creation of opportunities resulting in cost cutting measures without
affecting the balance of the business-IT alignment.
5
Application Portfolio Optimization – Our Proposed Framework
Figure 3
Figure 4
Define Create Assess Optimize
Portfolio Goals/
Objectives
Application
Inventory
Application
Portfolio
Application
Portfolio
Define Engagement
Objectives and Application
Portfolio Goals
Construct application
portfolio hypotheses
against goals
Design Application Master
needs against portfolio
objectives to be analyzed
Capture Application
Inventory Master Data
Process/ Tools to capture
the information, update on
an on-going basis
Centralize the application
master management for
easier access to all the
stakeholders
Drive application
segmentation into different
portfolios based on
portfolio objectives
Assess the portfolio
performance based on
application parameters and
hypotheses selected
Present reports and
graphical visualization for
presenting the application
portfolio status & health
Rationalize the application
assets based on analysis
outputs
Align the application assets
to strategic objectives,
resource needs, lifecycle
costs
Prioritize investments &
budgetary analysis for
better cost-control
management
Optimization Goals &
Objectives
Application Master
Typically 8 – 15 weeks
Portfolio Health
Assessment
Portfolio Optimization
Recommendations
A B C D
6. Step 2: Application Inventory
The major deliverable of this phase is to give an accurate application inventory structured accord-
ing to the specific needs of the enterprise. To determine the scope of APO, we need to produce a
detailed inventory of the applications used in the organization.
Application assessment starts with issuing a questionnaire that is intended to assemble data
elements across technology, business, functionality and cost dimensions. The primary informa-
tion is obtained through interviews, using the questionnaire, with the application service managers
and business system owners of the process.
During the optimization process, the value of each application is computed. According to the
analysis conducted on each application, a rec¬ommendation is made to either retire or decom-
mission end-of-life applications or conduct a functional upgrade to applications determined to be
critical to the business.
Step 1: Portfolio Goals and Objectives
In the first phase of APO we advocate a hypothesis led approach that binds the objectives,
expected outcomes and scope wherein we define the engagement objectives and application
related decision parameters and goals.
6
Figure 5
Application
Decommission
Application
Inventory
Application
Replacement
Application
Enhancement
Application
Outsourcing/Off
Shoring
New
Application
Induction
Infrastructure
Optimization
Application
Integration
Application
Consolidation
Application
Re-Engineering
Application Service
Decisions
(Whatthe application should
do and deliver?)
Application Service
Decisions
(Whatthe application should
do and deliver?)
Operate Decisions
(Where should one operate
(build/support)these
applications?)
Cost Decisions
(Whatshould be the
applicationbuild,deliverand
sustain costs?)
Architectural Decisions
(Whatalignmentneedsto be
driven on EA standards?)
Technology Decisions
(Whatplatforms/technologies
to be used?)
7. Step 3: Application Portfolio Assessment
In the third phase an assessment map is created based on parameters identified under the busi-
ness and technical dimensions. Each parameter is assigned a weight based on its relative impor-
tance to the other parameters within a dimension (see Figure 6). Individual applications are
assessed on each parameter, based on the data collected through interviews and surveys. The
business value and technical health indices identify each application’s lifecycle positioning,
assesses the opportunity for improvement, calculates the cost savings and determines the
actions needed to optimize the application’s business effectiveness.
7
Figure 6
Business Value
of Application Application
Landscape
Maturity
Risk
Management Cost
Effectiveness
Flexibility
Business
Impact
Operational
Efficiency
Alignment
with industry
recognized
standards
App Platform
Maturity Operational
Risk
Cost
Distribution Organizational
Flexibility for
Change
Operational
Flexibility
Cost Reduction
Compliance
Risk
Complexity
Human Factor
Risk
Operational
Capability
Alignment
with Global IT
Standards
Standards
Alignment
with Enterprise
Architecture
Standards
8. 8
Step 4: Application Portfolio Optimization
The optimization phase puts the results of the analysis phase into action as shown in Figure 7
(sample scenario). The 4R Matrix Framework consisting of Retire, Replace, Re-Engineer and
Retain is used for mapping the application based on their assessment and evaluation.
Having determined the general course of action, decisions need to be more concrete and detailed
in a well defined solution, taking into consideration how these selections might affect the business
case and the individual application dimensions. Each action shown needs to be carefully moni-
tored throughout the entire phase and keep it aligned with its specific business case.
Figure 7
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
TECHNICALADEQUACY
BUSINESS ADEQUACY
Retire
Replace
Re-Engineer
RetainFast Track
TCR
MIDAS
RST
SCM
Retail Storefront
SRM
MIDAS ll
Crate retail
HRMS
RTP
APO
DDSM
PACT
PRS
PARIS
APS
RFP
Inexpensive to operate and maintain
Adequate support available internally
Capable of Biz-IT alignment in mid-term
Capable of Functionality Scale – Up
Technology constraint to improve functionality
Low or expensive vendor support
Constraint to build in new business features
Scope for enhancing / upgrading technology
Scope for improving Business Process coverage
Data Management can improve
Expensive to operate/maintain
None or low support from vendor
Cannot enhance for new Biz needs
Low skills availability
4R Matrix – A way to plot application strategy
4R Framework
9. 9
Application Portfolio Optimization can help significantly alters the cost structure of IT. Although it
requires investment, upfront APO will more than make up for it in the long run. For example, con-
solidation of applications initially would require a large amount of due diligence in regard to
requirement gathering. But then this action would not only result in a decrease in maintenance and
support due to lesser number applications, but also reduce overall compliance quality checks.
APO can be used as a guiding tool moving forward by helping meet contemporary business needs
with cutting edge technologies and business processes. This framework helps organizations
adapt to the constant evolution of market demands.
Conclusion
APO
Strategic Cost
Management
Application/
Business Process
Consolidation
Outsourcing/
Off shoring
Improved
Operational
Efficiency
Business Value
Addition
Improved
agility to
tackle new
business
needs
Improved
time-to-
market of
new service
offering
Improved
service
delivery
Improved
Application
consolidation
and remove
redundancies
Faster
response
times due to
reusability
functionality
Reduction in
documenta-
tion and
training
efforts
Elimination
of
redundant
functionali-
ties
Reduction in
standards,
procedures
and
platforms
Reduction in
compliance
tasks
Improved IT
Efficiency
Improved
Business
Processes
Improved
Governance
10. 10
About the Author(s)
Sandeep Kumar is VP and BCG Head for ITC
Infotech. Kumar holds an MBA from IIM Banga-
lore and a degree in Mechanical Engineering
from NIT, Rourkela. He has more than 18 years
of operations and consulting experience span-
ning across diverse industries as Hi-Tech,
Aerospace and Defense, Discrete Manufactur-
ing and Retail Operations.
Christopher Stanley is Global Partner for the
Strategic Programs and Transformation Group
of ITC Infotech. Chris is an MBA in Operations
Research and International Business. He has
about two decades of International Consulting
and Account Strategy experience in enterprise
technology implementations and program
management. His industry experience in Auto-
motive Ancillaries, Rubber and Tyres, Pulp and
Paper, Processed Food Manufacturing is well
received. He has also been a guest speaker at
some of the premier CIO forums in this part of
the geography.
Sunil Kondala is a Lead Consultant in STAS
practice at ITC Infotech India Ltd. He holds a
degree in Electrical Engineering. He has more
than six years of experience in Business Analy-
sis and Project Management for various lines
of business that include Telecom, Health, Gov-
ernment and Manufacturing industries.
About the ITC Infotech
Business Consulting group
ITC Business Consulting Group provides rich
business consulting capabilities across key
business functions such as Product Design &
Development, Manufacturing & Supply Chain
Management, Sales & Service, Loyalty & Cus-
tomer Relationship Management, etc. The
group has expert practices around Enterprise
Performance Management, CRM and Loyalty,
SCM and Operational Excellence, Auto ID
Solutions and Corporate Sustainability. Our
domain experts and management consultants
bring in expertise of addressing customer
needs and problem statements in these areas
across verticals such as CPG, Retail, Process
& Discrete Manufacturing, Travel & Hospitality,
Banking & Financial Services and Logistics &
Transportation.
11. 11
References
ITLEx-Applications_Maturity_Diagnostic -
www.cio.com
An Oracle White Paper in Enterprise Archi-
tecture - Application Portfolio Rationaliza-
tion: How IT Standardization Fuels Growth
May 2010
COBIT3_4 Management Guidelines
Esr-application-portfolio-management-
from-assessment-to-transformation (IBM)