There is a growing awareness among organizations as to the escalating costs of managing bloated application portfolios and the need to reign in operational costs in order to free up resources for innovation and delivering value to the business. As reported in the 2011 Capgemini Application Landscape Report, the top 3 CIO priorities were to 1) create value for the business, 2) improve efficiency through IT systems and 3) cut overall costs for the business.

In order to successfully deliver on these priorities, organizations need to implement disciplined application portfolio rationalization practices. By rationalizing the portfolio, IT can identify unused, redundant and out of date applications and trim down the portfolio through application elimination, consolidation and modernization. With a lean and healthy portfolio, organizations will be better able to manage operational costs, support business productivity, maintain an agile adaptive application portfolio and adhere to corporate and regulatory compliance policies.

Download the whitepaper here: http://futurestateit.com/2012/10/16/application-rationalization-for-ongoing-portfolio-management/