This blog has long professed the need for businesses to analyze, measure and assess their IT application portfolios to identify those issues with application software that cause a whole spate of headaches, from application failure, to business risk to increased technical debt.
To this end, Large enterprises have been able to apply an automated solution to perform this assessment has meant installing a comprehensive platform that analyzes and measures existing applications and can also scrutinize application software during the build or customization processes to catch issues as they happen. However, smaller businesses and individual developers generally do not have access to these large platforms and even some larger enterprises have not yet availed themselves of the technology available to them. As a result, those who have yet to adopt automated analysis and measurement platforms find themselves having to do the best they can with manual assessment of their application software, which is grossly inefficient.
Today, however, CAST released a solution for those who do not have access to comprehensive application analysis platforms with the launch of Rapid Portfolio Analysis (RPA).
RPA is a cloud-based SaaS offering that proactively identifies poorly performing applications. It provides an affordable, on-demand alternative to expensive enterprise application portfolio management or project portfolio management solutions, while automatically providing feedback on software health. The information provided by RPA arms executives with the information to determine which applications need further investigation or closer ongoing monitoring for structural issues.
With companies spending as much as 70% of their IT budgets on maintenance and support costs, RPA can provide a quick overview of the things that could be ailing a company’s IT portfolio. By identifying those problem areas and then fixing them, CIOs could save their companies significantly by reducing or even eliminating business risk (i.e., security breaches or outages and downtime due to application failure) and excess technical debt, which the CAST Report on Application Software Health (CRASH) identified back in December as reaching an average of over $3.6 million.
At a time where world economics dictate that companies do all they can on trimmed budgets, being able to identify problem areas quickly and relatively inexpensively would certainly allow CIOs to focus more of their budgets on innovation rather than remediation.
So when it comes to identifying problems in IT applications, it seems like “clouding” the issue might actually clear it up.
Erik Oltmans, an Associate Partner from EY, Netherlands, spoke at the Software Intelligence Forum on how the consulting behemoth uses Software Intelligence in its Transaction Advisory services.
Erik describes the changing landscape of M & A. Besides the financial and commercial aspects, PE firms now equally value technical assessments, especially for targets with significant software assets. He goes on to detail how CAST Highlight makes these assessments possible with limited access to the targetâ€™s systems, customized quality metrics, and liability implications of open source components - all three that are critical for an M&A due diligence.