Application Portfolio Management is a framework for managing enterprise IT software applications and software-based services. Application Portfolio Management provides managers with an inventory of their company‘s software applications plus the metrics to illustrate the business benefits of each.
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LeanIX internal research indicates that large enterprises (> €1 billion annual revenues) have an average of 650 applications deployed. The 10% largest companies even have a staggering average of 3400.
Not all of these applications are mission critical. In order to stay abreast of current innovation trends, provide first-class customer service, reduce costs, and scale globally, enterprises benefit from having a tightly rationalized application landscape.
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