This paper presents a structured approach and framework for application portfolio rationalization. The purpose of effective application portfolio management (APM) is to make key decisions about enterprise applications - this framework assists in making these decisions in a structured, consistent and transparent manner. Very good read!
Application portfolios grow in an uncontrolled manner through in-house development, purchases, and mergers and acquisitions. As a result, CIOs often struggle with these portfolios that have duplication and overlap on the one hand and missing functionality on the other. Higher cost of maintenance adds to this mix to make the situation untenable. There is an urgent need for a way to deal with this problem.
This research explores the key factors that drive efficient and effective application portfolios and how to use them to make informed decisions about application disposition. This framework was applied to real world portfolios to assess its effectiveness. CIOs can learn from these case studies.
