3 Steps to Rationalize Your IT Landscape with an IT Portfolio Management Practice
In this digital age, where almost every new business project is an IT project, IT departments should proactively help define new business opportunities, not simply ‘keep the lights on’.
IT Rationalization: from application inventory to technology risks through application decommissioning
In this eBook, learn how in 3 steps you can rationalize your IT landscape with HOPEX IT Portfolio Management:
- Inventory your IT assets to get visibility into your IT landscape and perform impact analysis
- Decommission applications to help you cut IT costs while reducing the complexity of your application landscape
- Mitigate technology risks to ensure that projects rely on up-to-date technologies while decreasing security risks
Each step brings additional value to your organization and help you move from an application inventory to a full management of your IT assets.
Establishing IT portfolio management as an ongoing practice is the best way to make your IT system more powerful, efficient and directly suited to the daily needs of your internal innovators. It can help your company overcome today’s business demands and position it for future challenges.
How IT Portfolio Management helps your IT department to deliver business value
IT portfolio management improves business performance by helping you determine which applications serve your company best and by providing the information you need to answer vital questions.
Once you know the business value, cost, technical efficiency, performance and risk of each IT asset, you can create a roadmap that shows you how to rationalize your IT system, add and retire technologies at the right time, avoid technology obsolescence, eliminate costly redundancies, and gain a competitive edge.
IT rationalization is the prerequisite to take on strategic planning initiatives that can help define new and innovative business projects to help your business grow.