Application Portfolio Management in Focal Point from Unicom
Focal Point is a simple to use Web based application that can provide some great insights into where we should invest or optimise our portfolio of applications.
The compelling case for application portfolio management
As companies struggle to fund new applications to support the business’s competitive needs, CIOs and other technology leaders are beginning to view IT budgets from a larger perspective. We frequently see three cascading problems related to IT budgets in mature companies. First, a substantial percentage of IT funds are spent on maintaining and operating an application portfolio that is growing and becoming increasingly stale. If you do an Internet search on the terms “70 – 80 percent spent on maintenance,” you will find numerous citations across many industries regarding the high cost of simply keeping the lights on, especially in the IT arena.