Break out of the complexity: Creating a more agile and innovative enterprise
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For most organizations, innovation and competitive differentiation go hand in hand. But often an organization’s ability to quickly and proactively respond to change driven by market drivers, customer demands and even regulatory compliance can be limited due to:
It has been estimated that as much as 66% of IT budgets are spent on “maintenance” - focusing on maintaining and enhancing existing applications. Not only do these high support and maintenance costs inhibit growth and innovation, but they bring increased risk and costs.
So, how can you break out of the complexity to be the innovative leader of pack?
Well, imagine if you could have a deep understanding of your organization; enabling you to visualize, analyze and communicate information about your applications, IT infrastructure and technologies so that you can understand the costs, risks and impact of change. And giving you the ability to expose areas where you can consolidate, retire, reuse, modernize or automate for improved efficiency and reduced costs.
Application portfolio management (APM) is a capability that helps to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations. Thus, APM enables you to use objective and actionable information to drive your decisions around investing, consolidating, modernizing, or replacing applications.
By leveraging the information contained within enterprise architecture, companies are finding increased efficiencies through assessing and managing risks and the impact of change, better aligning proposals with priorities, performing more realistic cost-benefit analyses, and creating road maps that deliver on future strategy.
But what about your complex infrastructure and older technologies? It is a fact that most organizations do not have the time or resources to completely revamp or modernize existing infrastructures and technologies. By making incremental improvements towards modern architectures and technologies, this not only reduces risks but this approach also begins to pick away at the total cost of ownership (TCO) of your overall IT environment. Some areas where you can see substantial benefit with reduced risk include:
I think that most will agree that complex IT applications and infrastructures can hinder a company's ability to be agile and innovative, to effectively deliver new products and services critical to the business thus impacting competitive differentiation. But the good news is that there are capabilities and technologies that can help you incrementally and cost effectively address these challenges.
About the authorValerie Hamilton is a Certified Senior IT Specialist and Level 2 Board Member for Americas IT Specialist Profession Certification. She has a Bachelors of Science degree in Computer Science (specializing in Systems Engineering) as well as 23 years of experience in the software industry.