Application Portfolio Management

Your business strategy - simplified.

As organizations grow, so do their technology requirements. Continuously acquiring new technologies without a comprehensive understanding of the entire IT ecosystem often leads to application sprawl—where redundant, outdated, or underutilized applications consume valuable resources and increase workload. Enter Pathways Consulting Group’s Application Portfolio Management (APM) services! We help organizations regain control of their IT stack, streamline operations, and align their technologies with long-term goals. 

Why Application Portfolio Management matters

Applications enter and exit a business’s technology stack at varying stages of its lifecycle. Without a clear, high-level view of this landscape, leadership can face challenges like redundancy, misalignment with long-term goals, and wasted resources. 

Our APM services provide a holistic view of your entire application landscape, ensuring you can effectively manage the application lifecycle, reduce technical debt, and support long-term business objectives. With our consultative approach, we don’t just implement the tools—we work with you to build solutions that maximize the impact of your technology investments.

Pathways’ Application Management approach

Our APM approach focuses on delivering real, measurable outcomes, leveraging our enterprise architecture expertise and the ServiceNow Enterprise Architecture application to:

  1. Gain visibility and control
    We work with business and application stakeholders to identify the business activities that achieve strategic objectives and create relationships with the underlying applications and technologies that support them. This ensures leaders know exactly which applications are essential for current processes and which ones are obsolete. By leveraging the data within your CMDB, it will jump start the APM journey. This clarity empowers organizations’ leadership to make smart, data-driven decisions early on to improve cost efficiency by identifying software applications that are redundant or no longer used.
  2. Reduce technical debt
    Technical debt introduces risk to the organization. Outdated applications may hinder your organization’s ability to innovate, integrate, and optimize workflows. Without proper lifecycle management, there’s potential for cyber security threats, operational disruptions, and failure to meet regulatory and compliance requirements.
 

Without assessments, it becomes difficult to create alignment between the IT landscape with the ever-changing business needs, resulting in application sprawl, customization of current applications, and longer time to value when executing strategic initiatives.

Pathways’ APM services help organizations leverage the APM capabilities within ServiceNow’s Enterprise Architecture application to reduce technical debt and gain better alignment between business and IT.

  1. Optimize IT spending and align with strategy

Total cost of ownership and application rationalization are key components of our APM program. Our team works with you to calculate the total cost of ownership of your application portfolio by enabling visibility of the cost, risk, and value created. These insights will enable your leadership team to make informed decisions to rationalize what applications need to be invested in, replaced, or removed.  By leveraging ServiceNow’s Enterprise Architecture application for your APM needs, leadership will have a centralized platform to view these insights, manage the portfolio through comprehensive dashboards, and drive your transformation efforts while maintaining alignment with the business.

Driving application modernization

Since ServiceNow’s Enterprise Architecture application leverages the data already being used throughout your platform it can provide a comprehensive view of your current application and technology landscape. By connecting people, technology, and processes, the application enables your organization to accelerate digital transformation.

ServiceNow’s Enterprise Architecture application is aligned to The Open Group Architecture Framework (TOGAF) by providing capabilities in:

  • Business Capability Management: Identify gaps between current and future state, prioritize architecture investments, and align business and IT stakeholders.
  • Information Portfolio Management: Provide insight into how data is used throughout the organization. Reduces the challenges of understanding where sensitive data resides at rest and in transit.
  • Application Portfolio Management: Prevent application sprawl by enabling capabilities such as application rationalization and total cost of ownership for data-driven decisions.
  • Digital Integration Management: Provides governance for managing integration between applications, visibility into the flow of data, and provides the ability to reference those integrations throughout the ServiceNow platform.
  • Technology Portfolio Management: Enables the management of technical debt and allows you to mitigate the risk of obsolescence. Drives compliance through establishing and enforcing standards within the Technology Reference Model. 

Future State Modeling: Helps visualize the future state, assess the impact of proposed changes, anticipate future risks, and improve communication with stakeholders.

Partner with Pathways Consulting Group

Pathways Consulting Group makes managing your technology stack effortless. With our Application Portfolio Management services, we empower organizations to take control of their IT stack, reduce tasks, and modernize their IT infrastructure.

Ready to optimize business? Get in touch with the Pathways team today to see how our application lifecycle management solutions can drive real, tangible results.

Turn chaos into clarity. Your future starts with Pathways.