Benefits of Application Rationalization: Reduce Costs and Improve Service with a Systematic Approach
At one time, it was enough for an organization to review its portfolio of applications as an isolated event in response to a critical issue such as noncompliance, a merger or acquisition, or a budget crisis. However, such a model in these economic times leads to billions of dollars in lost advantage and efficiency, and exposes organizations to security and business risks.
As the on again, off again economic recovery continues, organizations are continuing to keep a sharp focus on reducing costs in order to fuel investment in innovation. Yet they are continuing to rely on out-dated application and technologies jeopardizing their two- pronged approach to delivering enterprise value. One of the key drivers of improved efficiency and streamlining the business is application rationalization.
In this whitepaper, learn about the benefits and challenges of getting an application rationalization effort started and implementing a strategic plan to quickly demonstrate results:
* Effectively plan and control all types of business or technology investments-deploying objective, auditable processes and metrics, while facilitating collaboration among all stakeholders.
* Rationalize current spending and quickly identify where investments are paying off-or are not paying off
* Optimize support for the business.
* Provide ongoing governance to get the highest possible return on investment