Streamlining Security and Reducing Risks: The Power of Application Portfolio Rationalization
Simplify Your Application Landscape: Solve the Puzzle with Portfolio Rationalization
Tailored Assessment for Application Optimization
As enterprises grows, the increase in applications often leads to complex and sprawling portfolios, resulting in duplication, escalating costs, mounting technical debt, and suppressed innovation. NSEIT’s Application Portfolio Rationalization Assessment aims to simplify maintenance by identifying applications that deliver maximum value to your organization so to align with the business goals and objectives.
Through our application portfolio rationalization assessment, enterprises can make informed decisions about which applications to keep, retire, consolidate, modernize, or replace. This will help your organization enhance productivity and efficiency, while reducing operational expenses (Opex) and the total cost of ownership (TCO).
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Uncovering and Optimizing Your Application Portfolio
Initial Engagement
Discovery and Inventory
Identify and catalog all applications in your portfolio, including purpose, functionality, user base, dependencies, and technical details.
Business Alignment
Understand your business objectives, strategies, and priorities to align your organization’s application portfolio’s performance with the business goals.
Assessment and Evaluation
Evaluate applications based on criteria like business value, usage patterns, technical debt, maintenance costs, and future compatibility.
Tailored Assessment
Prioritization and Categorization
Categorize applications with business value consideration of ‘Contain’, ‘Maintain’ or to ‘Invest’ more,
based on assessment results.
Cost Analysis
Analyze the total cost of ownership (TCO) for each application, considering factors like licensing fees, infrastructure costs, maintenance expenses, and personnel resources.
Risk Assessment
Evaluate risks associated with each application, including security vulnerabilities, compliance issues, and operational risks.
Rationalization Execution
Rationalization Roadmap
Develop a roadmap with recommended actions for each application category, including timeline, resource allocation, and dependencies.
Execution and Implementation
Collaborate with your team to execute the rationalization plan, including retiring applications, consolidating functionalities, modernizing/migrating applications, or replacing outdated ones.
Monitoring and Optimization
Continuously monitor portfolio performance, track metrics, and optimize as needed to ensure alignment with evolving business needs and a dynamic technology landscape.
Effective Application Rationalization Starts with Application Assessment
Discover
Our Code Scan and App Survey provides a comprehensive view of various applications and the onboarded functionalities.
Tools Used: CAST Highlight
Excel driven / Tool Driven
Improve
Directional analysis with Cloud Feasibility, Automated Remediation, and Containerization mitigates remediation roadmap uncertainties, simplifying decisions with retiring, refactoring, or retaining applications.
Tools Used: Value Stream Mapping
Transform
Our consulting exercise directs efforts towards your enterprises digital vision, ensuring alignment and strategic guidance.
Tools Used: DMD Assessment
Assessment Benefits
Cost Reduction
by eliminating redundant or underutilized applications
Improved Efficiency
with reduced complexity and improved operational efficiency
Enhanced Agility
to adapt quickly to changing business needs and emerging technologies
Better Risk Mitigation
by identifying and addressing potential risks associated with your applications
Improved Strategic Alignment
with applications that support your long-term objectives
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Insights and Information
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