Technology portfolio management

The IT portfolio constitutes the nuts-and-bolts of your company's IT portfolio and is critical to the seamless operation of the applications supporting your business capabilities. The lifecycles of operating systems, database management systems, development tools, and middleware should be understood to avoid risks where the vendor may no longer support them. By assessing the dependencies of application on components, you can ensure that the technologies that applications run on are upgraded or retired on time.

An up-to-date inventory of all technologies used in the company is key to understand dependencies between the application portfolio and the technology architecture. This allows you to know and mitigate potential risks to the IT infrastructure. Adhering to best practice procedures of establishing and maintaining a standard catalog of components that ensures that approved technology is consistently used and improves the technical debt. Knowledge of the company's vendors and how they impact the components in your IT portfolio enables you to safeguard the applications that use those components and provide support to your company's business capabilities.

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