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Application Portfolio Rationalization Software

UMT360’s Application Portfolio Rationalization Software makes it easy to assess and streamline your software environment to improve effectiveness and efficiency, reduce risks and create a foundation for future evolution.

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6 Steps To Mastering Application Portfolio Rationalization.

Application Portfolio Rationalization not just a one-and-done process. The value delivered extends well beyond typical metrics like TCO. Attend this webinar to discover how Application Portfolio Rationalization impacts your specific role, and what’s needed from you to ensure success.

Key Features

Application Portfolio Rationalization is a critical component for driving business agility, delivering optimal strategic portfolio management and optimizing difference-making business approaches to help you more effectively:

Determine Your Desired Outcomes

Quickly and easily determine the outcomes you’re interested in achieving, including reducing technical debt, modernizing applications, preparing for Information Governance, migrating to the Cloud, consolidating Data Centers, and more.

  • Typically, some combination of Outcomes, some weighted more heavily than others
  • Determine success measures, what proportion of each Measure must be achieved to be considered “successful”
  • Outcomes will drive patterns, that will in turn determine the questions to be asked of the survey population
  • In the example shown, Cloud Migration and closing Data Centers are of primary importance, followed by Overall Cost Reduction, then Information Governance and Technical Debt Reduction. Application Modernization will be a likely side-effect but not a primary driver

Gather Inventories

Consolidate and streamline the standardized capture of inventories across a wide variety of dimensions.

  • Inventories can come from many sources:
    • Existing Repositories
    • Configuration Management Databases
    • Spreadsheets
    • Finance Catalogs
  • They can all be easily imported into 360 Enterprise Connect, and then cross-referenced and validated

Model the Business

The imported content forms the foundation for rationalization, and allows us to build the visual anchors for many relevant viewpoints including:

  • Business Capability (“What” the business does)
  • Value Streams and Processes (“How” the business works and can be improved)
  • Information Landscapes (“The Stuff” of the Business, what is important)
  • Organizational Landscapes (“Who” is involved, and how Value flows across the organization)
  • Technology Reference Models (The supporting Technologies that are the foundation for your IT Department)

Distribute Surveys

360 Enterprise Connect has a unique and powerful fully-integrated Survey Tool, which allows you to:

  • Quickly and easily build surveys to collect the information you need
  • Distribute the surveys to all relevant Stakeholders, including external Partners and Suppliers
  • Collect the results, resolve conflicts and capture the findings back into the Insight Repository
  • Track metrics such as completion ratios, time-to-complete, etc.
  • Gather Application Intake through easy-to-use forms that do not require users to have direct access to 360 Enterprise Connect

Analyze Findings

As the survey results start to come in, they can immediately add value in a number of areas:

  • Sentiment Analysis can show you the types of responses you are receiving, and if necessary, the questions can be revisited to ensure appropriate coverage
  • Heat Maps can be automatically generated using a variety of base models such as Business Capabilities, Information Landscapes, Value Streams, Organizational Views and Technical Reference Models
  • Application Value Charts (“TIME Charts”) can show the relative disposition of the Applications in one or many Portfolios
  • The Criteria for all these Charts and Models can be adjusted on-the-fly to support rich analysis and to compare scenarios to support discovery of
    • Functional Redundancy
    • Strategic Fit
    • Application Business and Technical Health

Plan & Execute Strategy

Once sufficient responses have been returned, the Chart and Models from the previous step can be used to develop:

  • Business Cases
  • Programs and Projects
  • Migration Strategies
  • Business Capability Maturity Plans
  • Etc.

All of which can be integrated into our 360 Portfolio Insights solution for seamless Strategy-to-Execution delivery

Standardize and Repeat

Not just a one-off, this approach can form a powerful foundation for evergreening

  • Surveys can be refined and reused periodically
  • The future state models become current state, and can then be used as the basis for future iterations
  • While cloud migration or data center consolidation may be one-time events, many of the other dimensions such as Cost Reduction, Technology Modernization and Process Improvement will continue to add value each time they are undertaken

See 360 Enterprise Connect Software in Action

Watch a recorded session 360 Enterprise Connect software demonstration to see the solution in action. And if you’d like an even richer experience, request your own customized demo or Free Trial.

How would you like to start?

Request your free assessment

Not sure which capabilities you currently have and which ones you still need? Complete this form and submit now to request an expert assessment of your capabilities. We’ll help you determine what’s missing, what your next steps are, and also give you more info on a customized demo or free trial.

Customized Demo

Want to see how this software can address your organization’s specific needs? Complete this form and submit now to schedule a customized demo of this UMT360 solution, and learn how it can deliver the specific capabilities you need, quickly and easily. In a hurry? Click the link above to watch the video now.

Try it Now

Interested in trying UMT360 software before you make a decision to buy? Complete this form and submit now, and a product expert can get you set up with your very own trial environment. See how quickly and easily you can get up and running and experience all the capabilities of our powerful software for yourself. Or if you prefer, request a customized demo.

Quick & Easy Integrations

UMT360 strategic portfolio management solutions tightly integrate with a wide variety of work management ERP, and other critical systems within your enterprise.

Get the strategic project portfolio management capabilities you need, quickly and easily

Every UMT360 Accelerator is designed to be implemented quickly with a minimum amount of consulting or configuration. Leveraging best practices garnered from years of successful client engagements, these powerful Accelerators provide precisely the capabilities you need, without weeks or months of configuration.

Portfolio Roadmapping

This Strategy Accelerator adds the powerful roadmapping capabilities you need to create, maintain and share beautiful Roadmaps and Boards in minutes.

Resource Management & Capacity Planning

Add this Strategy Accelerator to quickly and easily master resource management and capacity planning to maximize resource utilization.

What-If Scenario Planning & Analysis

Generating what-if scenarios and modeling potential outcomes based on ad-hoc questions used to require teams to stay late and manually crunch numbers. But what if you had the tools to respond to any possible question about any portfolio with just a few clicks?

Demand Management

Capture disruptive and innovative ideas from anywhere within the organization to help ensure that the next great idea doesn’t fall through the cracks. Move away from disparate sources of business case information like Excel, Word and Powerpoint to better govern and standardize all demand and improve decision making.

Benefits Realization & Outcome Management

Establish and define the right financial & non-financial metrics for each strategy and set targets to ensure that outcomes can be measured. Quickly decompose strategy into the right initiatives needed to drive transformation, and assess portfolio sufficiency to ensure that outcome targets can be met or exceeded

Cost Management & Capital Planning

Corporate capital planning software provides a top-down view of all projected costs to support both traditional annual planning and dynamic/continuous planning. Consolidate and streamline the standardized capture of cost estimates across a wide variety of dimensions.

Application Portfolio Rationalization

Application Portfolio Rationalization is critical component to help you assess and streamline your software environment to improve efficiency, reduce risks and create a foundation for future evolution.

Explore Enterprise Solutions

Strategy Execution Management

Addresses the key challenge of gaining visibility and instituting the proper controls across all work. with the right top-down business planning and controls is it possible to align all work with strategy.

New Product Development

NPD requires all areas of the business to collaborate effectively. This only happens when the right people can make the right decisions based on the right information at every stage of the process.

Lean Portfolio Management

Enables organizations to adopt the rolling wave continuous planning approaches that provide the agility needed to more effectively align all work with key strategies.

Business Capability Planning

Business Capability Planning is an integrated, end-to-end solution that helps you effectively and efficiently deliver critical business functionality at the heart of how your business operates.

Application Portfolio Management

APM enables today’s technology and business leaders to ensure the right technology assets are in place, that they are optimally aligned with the needs of the business, and that they are being invested in to support the organization’s strategic objectives.

Business Architecture

Provides the models, visualizations and linkages to other architecture disciplines you need to quickly gain valuable insights across your organization from a variety of business-centric perspectives.

Enterprise Architecture

Business outcome-driven Enterprise Architecture extends traditional architecture practices to allow leaders to focus on activities and strategies that align to specific business requirements and strategies.

E&C Portfolio Management

UMT360’s engineering and construction portfolio management solution enables Owners & EPCs to align capital / construction and engineering projects with strategic priorities. Easily integrates with Procore and leading construction management platforms.

Part of UMT360’s comprehensive strategic portfolio management platform

Need a specific Portfolio Management Accelerator right now? Let’s get started! Each one delivers powerful stand-alone capabilities that you can have up and running in just a few days. And since they all complement each other, it’s easy to add additional capabilities – in any order you’d like – whenever you’re ready. Best of all, each is part of UMT360’s comprehensive Strategic Portfolio Management Platform. Which means that with every Accelerator you add, you’re that much closer to having all the capabilities you need to align all investments with strategy and ultimately accelerate digital transformation.

The Importance of a Comprehensive Application Portfolio Rationalization Software Solution

Strategic Portfolio Management can help organizations assess and streamline your software environment to improve effectiveness and efficiency, reduce risks and create a foundation for future evolution.

If you’ve never rationalized your portfolio, or if you don’t know when it was last done, then you need to conduct the exercise now.  It will support everything else you do and help ensure you are investing your strategic dollars where they are driving the most value. To understand more on this topic, check out our application portfolio rationalization guide.

Ready to Unleash Your Business Agility?

Business agility is impossible without strategic portfolio management, and strategic portfolio management is what UMT360 does. In fact, we wrote the eBook on it. And it’s something we can help you deliver – with culture, focus, process, education and yes, a little bit of integrated software. So, let’s get started!