APM

Although Application Portfolio Management (APM) isn’t the newest kid on the block, it has had a tremendous growth in popularity lately. Due to the economic crisis and market pressures in general, IT managers and architects are constantly pushed by their CxO’s to reduce inefficiencies, improve agility of the enterprise and cut costs. The complexity of these tasks leads to an increasing need for tools and structures to help them handle their application landscape. Since over 70% of most IT budgets goes to maintaining existing applications, it is clear that there is a need for oversight and insight in the use of these applications and their added value, to reduce costs and make room for innovation.