TOPIC 8: APPLICATION PORTFOLIO MANAGEMENT

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1.
The process of managing a company's software applications and services more efficiently.
2.
Identifying and managing IT software applications company-wide.
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Providing clear oversight for managers on the organization's IT landscape.
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Revealing duplicate and redundant technology, such as paid-for but unused apps.
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Ensuring the optimization of a tech stack remains in line with wider business goals.
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Benchmarking to ensure a company is as efficient as its industry peers.
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Monitoring the current state of a business' apps and identifying future needs.
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Simplifying the APM process with automated data collection.
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Defining specific objectives to start a successful application assessment.
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Determining which applications do not support business capabilities.
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Evaluating the impact of removing or exchanging data between applications.
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Providing dashboards to help rationalize applications and trim down IT costs.
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Identifying the stakeholders of the application portfolio, such as CIOs and CTOs.
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Assigning role-based permissions to enable appropriate task completion.
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Providing managers with visibility and control over enterprise software applications.
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Enabling IT projects to be completed faster and reducing project costs.
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Achieving license cost savings of up to 30% by optimizing software licenses.
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Developing a strategic plan that aligns IT objectives with business goals.
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Formulating an EA vision that makes business objectives feasible.
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Responding to strategic drivers and addressing architectural principles.