Consider this: the average IT organization uses only half of its applications on a daily basis; but even if unused, they still incur maintenance costs that increase over time and have a dramatic impact on overall IT spend—not to mention increased security risks. Executing an application portfolio optimization program is one of the most direct and effective ways to tackle the issue and, when done right, enable the enterprise to:
- Achieve significant savings
- Drive down future costs exponentially
- Improve staff skills and capabilities
- Increase productivity of tools and processes
In this Tech Talks episode, Wavestone Managing Director Craig MacGibbon lays out a comprehensive approach to modernizing your application portfolio, from rationalization and analysis to removing outdated, redundant items, and defining the optimal environment going forward.