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The benefits of employing Application Portfolio Management (APM) are relatively well understood: prioritize app importance, rationalize and streamline the enterprise app portfolio, and save on maintenance costs. However, many organizations have not undertaken APM due to the perceived resource or financial constraints that are associated with an implementation.
This research note addresses the following strategies to take advantage of APM:
- Taking stock and allocating resources.
- Defining the APM strategy and expected benefits.
- Determining the fate of existing applications.
APM can have a significant positive impact on application performance while reducing application maintenance costs and effort. Enterprises of all sizes should get started on APM without delay.