It doesn’t take long for complex software assets to become obsolete or outdated. Redundancy and misalignment are also threats to functionality and cost-effectiveness. Budget dollars wasted maintaining non-strategic assets can undermine your ability to fund the technology you need to create a competitive advantage.
Application Portfolio Management (APM) is an approach to managing IT software applications and software-based services across the enterprise. Mapping the universe of software applications against a common set of strategic drivers of investment allows you to make critical decisions about which applications to maintain, invest, retire or consolidate. Our approach to APM is centered on cost, performance and strategic alignment with business needs for select industries including:
We are typically engaged by those responsible for software applications or information technology architecture who are:
Our team of technologists and business strategists employ a proprietary methodology to help our clients define Total Cost of Ownership (TCO) for their application portfolios. We take a unified approach, mapping clusters of applications around key questions. This inventory of your information assets is designed to prioritize technology spending for better overall business results.
We help you to optimize your application assets so that they can deliver the best results for your business. An optimized application portfolio facilitates success both for your organization and for your future application development. Through our proven approach, you’ll be able to:
Request a free consultation with one of Paragon's leading industry advisors to discuss the best solution for your organization's unique challenges and goals.