The benefits of IT portfolio management, including potentially significant cost-savings and operational efficiencies, are especially compelling in light of current economic challenges. Today, businesses in every sector are looking to reduce the cost of operations and, at the same time, attract, serve and satisfy valuable customers. As executives focus anew on identifying and evaluating opportunities for savings, they are examining the enterprise application portfolio. The objective if ITPR is to:
- Link IT activities and services with related assets, labor and applications to reveal the true cost of delivering services to the business.
- Reveal hidden value in your IT department by reducing maintenance costs and delivering business services more efficiently.
Portfolio Rationalization Approach