Mike Gruia, UMT360
With pressure to do more with less, IT leaders are turning to Application Portfolio Management (APM) to help them rationalize the operational costs so they can allocate more funds toward innovation. APM is also helping them modernize their portfolios so they have the agility needed to successfully meet changing business demands.
Recently, UMT360 CEO Mike Gruia discussed in an APM webinar, 3 Breakthrough Models being used by APM Top Performers. Mike stressed the importance of finding more effective ways to manage applications which currently consume a major portion of an organization’s IT budget. Top performers are able to apply the three models to make smarter investment decisions.
- Portfolio Integration – explore relationships that exist between the business and IT portfolios
- Financial Intelligence – understand the cost of operations and change
- Roadmap Synchronization – record and communicate decisions across an application’s lifecycle
Webinar Poll Results: When asked about the most important APM success attributes, 63% of webinar attendees said integration tops their list. 55% of attendees said APM concepts will benefit them most in strategy and rationalization with 28% saying their benefit will be primarily in cost reduction.
Learn more about how to get started implementing Application Portfolio Management. Click here to view Mike’s presentation on-demand.