Ensuring an Optimal IT Portfolio Management

With application maintenance constituting over 75% of the IT spend, it becomes imperative to prioritize investments and measure the business value derived. In organizations where demand is constantly more than the resources, IT Governance is the destination where CIOs are heading for today. An effective portfolio management process not only maintains system inventory and controls investment in systems, but also enhances savings by 2% to 5% while aligning IT with business. Manufacturing organizations are increasingly choosing portfolio optimization for business applications outside their ERP function map. An IT Portfolio Management (ITPM) pr...