What is Application Portfolio Analysis?

What is Application Portfolio Analysis?

Applications portfolio analysis (APA) is a tool to divide current and proposed applications into three categories — utility, enhancement and frontier — based on the degree to which they contribute to the enterprise’s performance.

How do I make a portfolio for an application?

Getting started with Application Portfolio Management

1. Compile a list of applications.
2. Identify who owns the application.
3. Identify the lifecycle of the application.
4. Assess the usage of applications.
5. Establish the application business value, its quality, and its costs.
6. Create an Application Architecture Framework.

What is an application assessment?

An application assessment is an automated, objective analysis of the structural and architectural quality of applications in your IT portfolio.

What is an organization’s IT application portfolio?

Application portfolio refers to an organization’s collection of software applications and software-based services, which it uses to attain its goals or objectives. Managing these resources is often referred to as application portfolio management (APM).

What is Gartner time model?

Gartner’s TIME (Tolerate, Invest, Migrate, Eliminate) analysis provides a framework to evaluate the your application portfolio against two primary measures; business value and IT quality. This worksheet enables you to easily inventory your applications and visually represent their business value versus IT quality.

How do you approach application rationalization?

9 Steps for Successful Application Rationalization framework

1. Compile a list of applications.
2. Identify who owns the application.
3. Identify the lifecycle of the application.
4. Assess the usage of applications.
5. Establish the application business value, its quality, and its costs.
6. Create an Application Architecture Framework.

Why do we need application portfolio?

Application portfolio management (APM) helps organizations to inventory applications and assess their technical and business value so that organizations can determine which ones to keep, modernize or eliminate. It is a proven methodology used by IT departments to successfully reorganize their IT systems.

What applications are not part of the application portfolio?

The following are not applications: An HTML website. A database that contains data but is not part of any series of steps to deliver business value using that data. A web service that is structurally incapable of being part of a set of steps that provides value.

Why do companies give assessment tests?

Companies use assessment tests to make good hiring decisions, often during the early parts of the interview process. Assessment tests save employers time when hiring, ensure they hire the most qualified employees and minimize the time and money spent training new hires.

What is application security assessment?

Application security assessment is the process of testing applications to find threats and determining the measures to put in place to defend against them.

How do I manage my application portfolio?

Application Portfolio Management Best Practices

1. Get to Know Your Internal Customers.
2. Discover What Questions Your Customers Are Asking.
3. Create and Share a Target Output List.
4. Create a Target Data List.
5. Determine Data Owners.
6. Define Your Terms.
7. Load Data in Distinct Phases.
8. Conduct “Pilot” Training for Data Suppliers.

What is application rationalization?

Application rationalization is the effort to strategically identify business applications across an organization to determine which should be kept, replaced, retired, or consolidated.

What is this sample portfolio assessment report for?

This document is a sample portfolio assessment report for developing an objective cloud migration roadmap for a portfolio of 20 applications that recommends the best candidates for PaaS, containers, IaaS, retirement, and more.

Is there a new approach to application portfolio assessment for new technologies?

A NEW APPROACH TO APPLICATION PORTFOLIO ASSESSMENT FOR NEW-AGE BUSINESS-TECHNOLOGY REQUIREMENTS 3 4KEEP CHALLENGING September 2014 Changing Landscape and Assessment Drivers With the advent of the SMAC Stack, a new breed of applications has emerged and is now proliferating.

Why is application portfolio management losing its relevance?

As the significance of apps rises, conventional application portfolio management — or rationalization — is losing its relevance, as it typically focuses on the long-term goals of consolidation, standardization and optimization. This loss of focus can accentuate alignment gaps between business and IT.

What are the benefits of application portfolio rationalization?

Application portfolio rationalization leads to other cost and business benefits realized through quick cost savings, reductions in total cost of ownership (TCO), heavier reliance on more flexible Op-Ex models, maximization of ROI to drive long-term business value and architectural alignment.