What is #Application Rationalization?
Application #rationalization is the process of evaluating an organization’s #software portfolio to determine which applications should be retained, retired, replaced, or consolidated. The goal is to eliminate redundancies, reduce costs, and improve operational efficiency.
Application #rationalization is the process of evaluating an organization’s #software portfolio to determine which applications should be retained, retired, replaced, or consolidated. The goal is to eliminate redundancies, reduce costs, and improve operational efficiency.
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80%. That's the portion of #IT budgets legacy systems consume on maintenance rather than innovation.
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According to McKinsey research, 70% of the #software used by Fortune 500 companies was written 20 or more years ago!!! 📊💻⏳
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Capabilities: These are the fundamental functions, processes, or activities that an #organization performs to achieve its strategic goals. #Capabilities can be categorized into various domains, such as operations, marketing, sales, customer service, and more
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Sub-Capabilities: #Capabilities can be further broken down into sub-capabilities, which represent more granular components of a #capability. For example, the sales capability may have sub-capabilities like lead generation, opportunity management, and contract negotiation.
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Dependencies: #Business #Capability Models often highlight the dependencies and relationships between different capabilities and sub-capabilities within an #organization. Understanding these dependencies is crucial for effective planning and decision-making.
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Ownership: Each #capability or sub-capability may have an assigned owner or department responsible for its execution and performance.
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Performance Metrics: #Business #Capability Models can include key performance indicators (KPIs) associated with each capability, helping organizations measure their effectiveness and track progress.
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