As organizations grow and expand, the portfolio of applications that support the business also grows in size and complexity. This creates new problems for the business in terms of higher cost of maintaining and managing complex, redundant software, reduced efficiency due to slio-ed applications and lower overall business agility.
Our IT portfolio/project management services are designed to help clients meet these challenges, and transform their application portfolio, align to business and prepare to respond quickly to changes. IT portfolio analysis is a structured approach for continually analyzing, assessing and evaluating IT applications on which the business runs in order to identify actionable traits and characteristics.
Our portfolio assessment services are designed to help clients meet these challenges, and transform their application portfolio, align to business and prepare to respond quickly to changes. We evaluate application assets and develop a plan to align our client’s application portfolio with their business needs.
Key results from our portfolio analysis approach include:
Locate top-ranked & bottom-ranked applications - Locate applications that offer higher value, expending the most cost on, or getting most agility from. Use this to select applications to be replaced, new applications to be invested or reusing them to service other applications
Get quick, actionable information - Align IT assets to business imperatives to take definite decisions and actions with a clear view to the resulting business benefits or outcomes
Recognize tradeoffs & opportunities - Analyze where strength in one area may come with weakness or high costs in another area. This will help to formulate strategies for development or support, or different criteria to optimize performance
Identify trends & groupings - Analyze where a strength or weakness in one area is shared by multiple applications of a specific type or category, or correlates with a corresponding strength or weakness in another area
Make superior decisions - Use gathered information to support decisions and prioritize plans and investments. Get a clearer picture of applications to answer questions relating to effectiveness, agility, business dependency and associated maintenance costs
Make informed, business-aligned decisions - Develop a business goals-driven approach to upgrade, consolidation, improvement, sun-setting, further investment or other actions
Create an ongoing optimization mechanism - Implement a methodology allowing incremental adjustments and continuous feedback
Have a balanced approach - Use both quantitative and qualitative factors, as well as strategic and tactical perspectives, to maximize value and achieve a balance amongst multiple priorities and criteria