Applications are what run the business. They need to be aligned with business goals, cost-effective, and risk-free. In a dynamic business environment, good APM means constant assessment, prioritization and cleaning out—all in collaboration with involved and/or affected stakeholders. Done properly, APM ensures:
Lower costs through consolidation: Rationalizing applications reduces license and maintenance costs.
Greater agility with a leaner portfolio: A streamlined application portfolio enhances responsiveness and innovation.
Reduced IT risk due to fewer moving parts: Fewer applications mean fewer potential points of failure and security vulnerabilities.
Better decision making with data-driven insights: APM provides comprehensive data on application performance, usage and costs, enabling informed decision-making on e.g. investment, retirement and cloud deployment.
Increased efficiency in complying with regulations: Streamlining the portfolio and identifying compliance-relevant applications make compliance audits a snap.
Enhanced business and IT collaboration: Collaborative APM provides a shared understanding of application needs and priorities.