Application Portfolio Management

HCL's Application Portfolio Management (APM) service offering audits customer's applications in relation to business goals and develops a plan that better aligns applications with business needs and objectives. HCL leverages a tool based approach through partnerships and in-house tools to achieve the following for the customer:

• Creates a customized portfolio strategy designed to drive business value
• Optimizes enterprise portfolios by identifying underutilized, redundant and obsolete applications
• Helps reduce maintenance and support costs and improve IT investment decisions
• Builds action steps for transformation of the application portfolio to the next generation of IT technology

The result is a finely tuned portfolio that makes the most of the existing systems and incorporates new functionality to fill requirement gaps.

HCL's APM offering follows a 3 step-approach (Figure) with quick-wins and future sustainability:

• Assess - Application Portfolio Assessment for identifying opportunities
• Optimize - Implement Optimization initiatives
• Govern - Deploy APM solution for continuous governance