Application Portfolio Management Hub

The “Application Portfolio Management” category is a curated collection of articles, documents, and resources focused on helping CIOs, IT executives, and other key stakeholders to manage and optimize their organization’s application portfolio effectively. This section of our CIO Reference Library provides essential knowledge and guidance for maintaining a well-balanced and cost-effective application environment that aligns with business objectives and fosters innovation.

Application Portfolio Management (APM) is a crucial aspect of IT governance, encompassing the evaluation, rationalization, and optimization of an organization’s software applications. By employing APM best practices, IT leaders can make informed decisions about which applications to invest in, retire, or consolidate, ensuring efficient use of resources and facilitating digital transformation.

Key topics within the Application Portfolio Management category include:

APM Frameworks and Methodologies: Explore various approaches and frameworks for application portfolio management, such as the Gartner APM Model, and understand how to tailor them to your organization’s needs.
Application Assessment and Rationalization: Learn how to evaluate the business value, technical health, and strategic alignment of applications to identify opportunities for consolidation, modernization, or retirement.
Application Lifecycle Management: Discover best practices for managing the entire application lifecycle, from inception and development to maintenance and decommissioning, to maximize return on investment (ROI) and ensure ongoing alignment with business goals.
Application Cost Optimization: Understand how to optimize application-related costs, including licensing, maintenance, and support, to maximize the value delivered by your application portfolio.
Cloud Migration and Application Modernization: Gain insights into migrating applications to the cloud and learn how to leverage modern technologies such as microservices, containers, and serverless computing to transform legacy applications.
APM Case Studies and Success Stories: Learn from real-world examples of organizations that successfully implement application portfolio management strategies to drive efficiency, reduce costs, and enable innovation.

The Application Portfolio Management category offers invaluable resources and insights for IT leaders seeking to optimize their application landscape, reduce complexity, and ensure that their software investments align with business objectives. By leveraging the knowledge and best practices shared within this category, IT professionals can drive more strategic and impactful decision-making in application management.