Companies consist of various departments and business activities. In particular organizations that have grown are confronted with an uncontrolled growth of valuable applications that sometimes have overlapping functionalities. At that moment, an organization uses more applications than necessary to work effectively.
Organizations with an excess of applications have more difficulty setting a course and responding to changing market needs. Essential changes are overlooked, redundant applications are being paid for, and usually, the competition’s lead only increases. This makes Application Portfolio Management so important to every organization that is interested in innovation, cost management and the improvement of business processes.