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Application Portfolio Management Expert Tells How to Reduce IT Costs

VP at independent research firm speaks on using APM to create business value through IT transparency

MEGA announced today that Forrester Research, Inc. vice president and research director Phil Murphy, an expert on IT application modernization and rationalization, will speak at a MEGA webinar about how companies can gain business agility through application portfolio management (APM).

The presentation, “Agility without Portfolio Management is Impossible!”, is based on Murphy’s extensive work on APM with application professionals, enterprise architects, CIOs, and other IT professionals, helping companies align business and IT.

Murphy authored the Forrester report “Application Portfolio Tools Miss the Mark”, April 2011, where he addressed how APM can create business value through IT transparency and how companies can make smart choices about the APM tools they select.

“Customers want APM to simplify the outrageous complexity that has built up over time in their application and technology portfolios, and they are looking to tools that can help them,” noted Murphy in the report. “Customers seek transparency in two forms — technical transparency articulates the state of the applications; linking that information with business transparency shows the who, where, why, and when of IT resource consumption.”

The webinar will address specific issues in APM:

  • How companies can develop a structured plan to reduce high IT maintenance costs that are caused by aging applications, changes in technology, or new business needs.
  • The important capabilities that a solid APM solution must have to simplify and manage today’s IT complexities.
  • What steps to take to be ready to handle the evolution to a modern IT infrastructure.

MEGA recently introduced the MEGA APM solution to help companies streamline and improve their application portfolio, and make it more responsive to changing business needs. The new solution provides tools for comprehensive IT application rationalization and modernization.

“CIOs tell us that they are asked to provide more IT services with lower budgets, so managing the application portfolio has become one of their top priorities,” explained Lucio de Risi, CEO, MEGA. “This software helps them create an organized, consistent view of the application portfolio to aid in relevant, cost-effective decisions on application retirement or upgrades.”