Application Modernization and Application Portfolio Management
timhahn 100000F0AC Comments (4) Visits (5576)
He and I agree that these two areas - Application Portfolio Management (APM) and Application Modernization (sometimes referred to as Enterprise Modernization) - are very much related to one another.
Indeed, APM is a process by which teams relate their business goals and priorities to their information technology (IT) assets, deciding which assets to refresh, rewrite, rehost, retire, replace, or refactor. And as siuch, APM work spawns application modernization work!
But there is a feedback loop involved as well. Since smart teams make informed choices as to what path to take, the tools used and information gathered to perform application modernization is critical in making informed decisions about the organization's application portfolio. Thus, application modernization efforts feed information back into the APM process for the next spin through the analysis of the portfolio and determination of what direction to take the IT assets.
You can think of APM as a cyclical process which spawns application modernization projects. In turn, these application modernization projects are cyclical and feed information back into the APM process for the next cycle of portfolio analysis.
For those interested, the Rational products of interest for these areas of work are: