Advanced Business Solutions US (Advanced) today announces the launch of Application Portfolio Analysis (APA), an application portfolio analysis solution with integrated services.
APA enables organizations to reduce the complexity, cost and risk associated with application improvement initiatives and to maximize the value of their existing legacy systems. The solution provides enhanced technical and contextual analysis to accurately determine how applications are being used to improve strategic decision making and investment prioritization.
Many organizations including banks and financial services firms, retailers and government are grappling with outdated legacy systems which have been developed over several years by different programmers. The acceleration of disruptive technologies (cloud, mobile etc.) have further added to the difficulty of maintaining an optimized portfolio.
Paul Holland, Vice President of Advanced US, comments, “The enterprise application portfolio is evolving faster than ever before and some organizations are in danger of being left behind. Without a clear understanding of the costs, risk and IT strategies available, it is impossible for them to plan with any confidence and determine where they are today and where they need to be in the future.”
As part of the APA solution offering, Advanced’s comprehensive PathFinder services provide customized modernization, rationalization and decommissioning strategies. This assists organizations to determine the current cost of ownership and operation of existing applications, their value to the business and whether they need to invest in new application portfolio analysis initiatives.
In addition, the solution is underpinned by a unique Application Understanding software tool that allows any developer to better understand, maintain and enhance applications. Inherent relationships can be mapped, roadblocks can be identified, and suitable changes can be made. It provides a searchable database of information built from the language code and data structures of an organization’s application portfolio.
Holland adds, “With over 30 years’ experience, Advanced has a proven track record of assisting organizations to increase IT agility and achieve a tangible return on investment. APA builds on this foundation by giving organizations even greater clarity to better manage their existing portfolio, confidently plan for the future and execute that plan as efficiently as possible.”