The New Innovation Of Managing Your Organization’s Portfolio through SaaS Application Portfolio Assessment
Any company have what they call different types of software for different application for different services of the company that will help them run the business accordingly.
Way back before when technology is still not as advanced as now, some companies even the big ones now, have used before multiple software not realizing that they have spent expenses on just a redundant application.
Application portfolio management is a way to consolidate all software application and other software-based services to attain an organization’s goal and objectives. Identifying multiple application and projects for business processes and providing more visibility to IT projects and many more is also what IT portfolio is all about.
To be able to manage these portfolios, like any other portfolios for business, one has to be familiar and be an expert with the applications being used as these can be detrimental to the progress or do fall of an organization. And because of the continuous change and upgrades in technology, some software go obsolete and will need to be upgraded, too, to meet the demands. Sometimes, managing this software will be tasking and daunting, too, hence, some organization seek for an innovative way of doing this.
A system that delivers a centrally hosted application over the internet that can be essential for managing software is software as a service or SaaS. This approach is very logical in a sense that organizations will no longer need to install and maintain software as it is accessible over the internet. Organizations will be free from the responsibility of purchasing, installing, maintaining, or updating all their software or hardware as Saas will be able to do this painlessly.
The utilization of SaaS is known to be highly adoptive, has lower initial cost for the organization, has painless upgrade and seamless integration because it facilitates remote application hosting and delivery over the internet. The basic concept of SaaS is like that of a bank where clients uses the same system and technology eliminating the worry of anyone accessing their personal information unauthorized.
It all the same protects clients privacy as it provides reliable,efficient and secured service. You can make customization of your software and programs and makes necessary upgrades ensuring less risk for the customer and easy adoption cost that is beneficial to the organization.
However you want to manage your IT portfolio or application portfolio to keep up with the evolution of constant upgrades of systems that runs the business, then you will have to think of innovative ways that will be beneficial.