Ask 10 IT executives what they mean by Application Portfolio Management (APM) and you’re likely to get 11 different answers! With the ratio of new development to maintenance spending currently at 30 to 70 (or worse) in many IT organizations, it’s absolutely critical to get APM right to make room for new applications that drive business growth. But what exactly is APM and is it worth the trouble?
Join us on as guest speaker Forrester Research Inc. Principal Analyst Phil Murphy discusses his research on APM at 30 companies, and the distinct patterns of APM success and failure. Phil’s presentation provides data on portfolio budgets and trends and will explain how to:
- Implement APM – the universal steps and the techniques for gathering key metrics
- Select the right APM tools for your business objectives
- Record and preserve critical application knowledge that SMEs carry in their heads
- Create an objective foundation for managing vendors