Application Portfolio Management:
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GUIDE
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Are you unsure of how to make sense of the thousands of applications in your portfolio and how they align with your strategic goals?
CIOs of today are under continuous pressure to transform the IT landscape. They turn to IT portfolio managers and architects to give them the insights they need to make investment decisions by implementing the application portfolio management discipline.
Designing future architecture is especially important when you need to address the application portfolio management discipline effectively. Future state enterprise architecture describes where your organization wants to be and provides a roadmap for the transformation.
1. Application Portfolio Management – Why Should You Care
Today's organizations face global warming, the Corona pandemic, cyber-attacks and talent scarcity. They're also confronted with technological changes such as digitization and AI. Therefore, the CIO's office is under continuous pressure to transform the IT landscape. IT portfolio managers and architects need transparency and a single source of truth to design future state architectures and make decisions on cloud transformations, cost optimization...
2. Why enterprise architecture for applications portfolio management
There are many reasons to use enterprise architecture to support application portfolio transformation. All these reasons relate to the organization-wide view enterprise architecture provides and how it enables collaboration with other teams.
A prerequisite for successful application portfolio management is to inventory applications and define meaningful portfolios, for example, by grouping related applications. Enterprise architecture information is valuable in change discussions because it provides the...
3. Use Cases For Optimizing Your Applications Portfolio
Organizations' rationale for using applications portfolio management may differ depending on their situation. For example, you may want to:
Quick start or refresh the application portfolio management initiative.
C-level management of large, information-intensive organizations often lacks a good overview of the IT landscape because information on IT assets often exists in silos. This makes it impossible for decision-makers to estimate the impact that changes will have on the landscape, for example relating to the strategy, projects, or to the application portfolio...
6. Bizzdesign’s APM+ solution
Bizzdesign's APM+ is an out-of-the-box solution built on collaborative change platform, Bizzdesign Horizzon.The predefined dashboards and impact analysis tools can help identify areas for improvement and guide the planning of those changes.
The lean architecture design templates can also improve efficiency in architecture designs, which can ultimately lead to cost savings and increased agility within the organization.
Overall, APM+ can help an organization quick-start or mature their application portfolio management discipline, leading to a more optimized and efficient IT landscape.
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Guide: Why you need Future State Design
Design future state architecture: map where you are today and where you want to be in the future. Achieve strategic business goals for change.
Design future state
Connect and collaborate
Mature applications portfolio management
Respond to business change
Holistic overview of the application estate enables transformation analysis and the ability to respond to various change drivers, trends and threats such as ESG goals, digitization, AI and cyber attacks.
Grow at your own pace with actionable templates for common application portfolio management use cases.
Enterprise architecture teams connect stakeholders with a multidimensional graph, covering all phases of application portfolio management plus transformation design.
Bizzdesign’s out-of-the-box APM+ solution:
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Years in the Market
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Presence in countries
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Customers Worldwide
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Bizzdesign is trusted by organizations worldwide including
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Why 'Future State Enterprise Architecture Design' is a
Key Differentiator
Learn why you need to use software for portfolio management plus future state architecture design to provide decision support to your CIO.
Read this guide if you want to:
Get a holistic overview of the IT landscape for transformation analysis and future state architecture design to support CIO decisions on the IT portfolio.
Learn how to leverage new technologies to efficiently lead your organization into the digital age.
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The value organizations get from application portfolio management
Jan van Gijsen
IT Architect
Athora Netherlands
“With Bizzdesign Horizzon the sky is the limit. We can use the information in the repository to generate all kinds of dashboards with high business interest, such as application rationalization roadmaps and
TIME analysis.”
Read Case Study
Athora Insurance rationalized applications and decreased IT costs by 24%
When considering applications portfolio management software, ensure that it can meet all your objectives. Check that it includes the following capabilities:
- Data integration and decentralize data maintenance
- Analysis and visualization
- Ability to make recommendations for portfolio change
4. CHECKLIST: Choosing the Right Application Portfolio Management Software
Most of the application portfolio management software on the market today helps you to establish an application inventory, but it includes limited functionality for multi-dimensional analysis and future state designs and scenarios.
This leads to cluttered information in different tools resulting in duplicate work for team members involved in changing the application landscape, for example, to find and harmonize information regarding applications and their changes. Data integration and Ability to
5. RED ALERT: Why 'Future State Architecture Design' Functionality is Essential in Software
6. Bizzdesign’s out-of-the-box solution: application portfolio management plus (APM+)
5. RED ALERT: Why 'future state' design functionality is essential in software
4. CHECKLIST: Choosing the right application portfolio management software
3. Use cases for optimizing your applications portfolio
2. Why enterprise architecture for applications portfolio management
1. Application Portfolio Management – Why Should You Care?