Application portfolio management

In today’s complex IT landscapes, several challenges must be managed, such as the following:

• The rapid rise of cloud computing, hyperconnectivity, and exponential technologies
• A flexible workforce working from anywhere
• A heterogeneous device landscape with computers, tablets, smartphones, sensors, and IoT devices
• Complex regulations such as the EU Corporate Sustainability Reporting Directive (CSRD), GDPR, invalidation of the Privacy Shield agreement, and emerging legislation of Consumer Privacy Acts are being enacted on both national and local levels
• Increased cyber threats from state-sponsored actors and cybercrime syndicates
• The increased risk of climate failure, which is our biggest humanitarian challenge to date

Managing your portfolio of applications over its lifetime should be a strategic imperative for any organization with many applications. As we saw in the previous section, if you are working in a...