Application Portfolio
The collection of software applications and software-based services available to a business.
An Application Portfolio refers to the collection of software applications and software-based services available to a business. This portfolio helps with managing existing resources, strategic planning, and future IT investments. Effective management can lead to increased business efficiency by identifying redundant applications and optimizing resource utilization.
Application Portfolio Management (APM) involves:
- •Inventory: Cataloging all enterprise applications
- •Assessment: Analyzing the business value and technical health of each application
- •Rationalization: Deciding which applications to keep, modernize, or retire
- •Roadmap: Planning the portfolio's evolution over time
Kabeen helps CIOs gain a clear and actionable view of their application portfolio.
All terms
5R Method
A strategy used during application rationalization to determine the best approach for managing applications.
8R Method
An extended version of the 5R method used in application portfolio management and migration strategies.
Application
A computer program or set of programs designed to streamline business operations.
Architecture
Refers to the structure and behavior of IT systems, processes, and infrastructure within an organization.
Need help mapping your IT landscape?
Kabeen helps you inventory, analyze and optimize your application portfolio.