A Comprehensive Approach to Application Portfolio Rationalization

Ongoing economic uncertainty is imposing stringent cost pressures on organizations across industries. In response, many businesses are prioritizing their investments to drive operational efficiencies and minimize IT spend on their application portfolios. However, several factors — including the expanding size and complexity of the application portfolio, poor license management, rising total cost of ownership and increasing inflexibility — are challenging many organizations to adapt to the rapid changes in the business environment. Many IT organizations are working to lower the percent of the budget spent on operations and maintenance, which tends to hover at 70% or above, according to industry estimates.