Reducing IT costs and ensuring safe operation with application of the portfolio management

  • Livia Alice Mozsar Kovacsne Óbuda University

Abstract


Large companies need to give focus on their cost components related to their information technology. Business growths is supported by their IT and hundreds or thousands of applications worldwide. Top level management needs to focus more on their information strategy and the applications they need to manage. A structured and transparent application landscape supports not only the current business but it also enables faster business growth for the future as well. Structuring and organizing the applications related to the various risks supports secure business and information operations within a company. Capturing the applications gives the companies an overview of their information costs and provides the possibility of measurement and control of their IT costs elements. Application portfolio management and information security management are important elements of the corporate strategies.

References

Barki, H., Rivard, S., and Talbot, J., (1993). Toward an assessment of software development risk. Journal of Management Information Systems,10 (2), 203-223.

Capgemini (2011). HP Application Landscape Report, 5-6.

https://www.capgemini.com/resource-file-access/resource/pdf/Application_Landscape_Report_2011_Edition.pdf, (27.04.2016)

Capgemini (2014). Application Landscape Report, 23-24.

https://www.at.capgemini.com/resource-file-access/resource/pdf/2014-03-04_alr_v8_web_0.pdf, (28.04.2016)

CIO (2016) http://www.cio.com/article/2380234/cio-role/state-of-the-cio-2014-the-great-schism.html (21.04.2016)

Erik Van Ramshorst (2013). Application portfolio management form an enterprise architecture perspective, Master’s Thesis, Utrecht University, Faculty of information and Computing Sciences, 50-53.

Gartner (2014). Gartner Application, Architecture, Development & Integration Summit, May 19-20 in London, U.K. and July 21-22 in Sydney, Australia

http://www.gartner.com/newsroom/id/2711017 (16.04.2016)

Gartner (2016) http://www.gartner.com/it-glossary/legacy-application-or-system/ (17.04.2016)

Gartner (2016a). IT Glossary, Total Cost of Ownership http://www.gartner.com/it-glossary/total-cost-of-ownership-tco/ (16.03.2016)

Hatstand (2015). Capital Market Specialists, http://www.hatstand.com/news/risk-compliance-regulation/legacy-system-disasters, (11.03.2016)

Informatika Corporation (2013). A practical guide to legacy application retirement, White Paper, 3.

https://www.informatica.com/content/dam/informatica-com/global/amer/us/collateral/white-paper/practical-guide-legacy-application-retirement_white-paper_6957.pdf (15.02.2016)

Infosys (2016). Case Studies, Application portfolio rationalization for a financial services provider

https://www.infosys.com/industries/financial-services/case-studies/Pages/application-portfolio-rationalization.aspx (12.03.2016)

ITIL (2011) Glossary and abbreviations, 4.

https://www.axelos.com/Corporate/media/Files/Glossaries/ITIL_2011_Glossary_GB-v1-0.pdf (22.02.2016)

ITIL (2009) v3 Foundation Study Guide, Release Version 4.2.2.5 http://www.inf.unideb.hu/~fazekasg/oktatas/ITIL_V3_Study_Guide.pdf (08.04.2016)

ITIL (2016) Information Technology Infrastructure Library Guide http://www.itinfo.am/eng/information-technology-infrastructure-library-guide/ (22.02.2016)

Lazányi, K (2015a)., Organisational Safety in Health-Care Setting – Literature Review In: Michelberger Pál (Ed.) Management, Enterprise and Benchmarking in the 21st Century Budapest: Óbuda University, 111-122.

McFarlan, F.W. (1981). Portfolio Approach to Information Systems, Harvard Business Review, 142-150.

P.Michelberger, S. Dombora: Ekonomika (2016), A possible tool for development of information security-SIEM system, Vol. 62, (1), 125-140.

Sarah V. (2012). Risk Management Model in ITIL https://fenix.tecnico.ulisboa.pt/downloadFile/395144242575/Disserta%C3%A7%C3%A3o.pdf (03.03.2016)

Schmidt, R., Lyytinen, K., Keil, M., & P. Cule. (2001). Identifying Software Project Risks: An International Delphi Study. Journal of Management Information Systems, 17 (4), 5-36.

Tata Consulting Services (2013). TCS successfully optimizes the application portfolio of a leading telecom company

http://www.tcs.com/SiteCollectionDocuments/Case%20Studies/Consulting-Casestudy-application-portfolio-telecom-0513-1.pdf (05.02.2016)

Tata Consulting Services (2013a). Application portfolio rationalization, How IT simplification and standardization ensure business growth, White Paper, 10-13.

http://www.tcs.com/SiteCollectionDocuments/White%20Papers/Application-Portfolio-Rationalization-IT-Simplification-Standardization-10-13-1.pdf (04.04.2016)

Tata Consulting Services (2011). Next generation application portfolio rationalization, How IT simplification and standardization ensure business growth, White Paper, 18.

http://tcs.com/SiteCollectionDocuments/White%20Papers/Consulting_Whitepaper_Next-Generation-Application-Portfolio-Rationalization_09_2011.pdf (06.04.2016)

Tata Consulting Services (2012). TCS Standardizes application and process management to deliver operational leadership for a global consumer products group

http://www.tcs.com/SiteCollectionDocuments/Case%20Studies/Consulting_Casestudy_TCS-Operational-Leadership-Global-Consumer-Products-Group_0312-1.pdf

Troux (2011). Application portfolio management ranks top in new EA survey

http://www.troux.com/enterprise-architecture-blogs/application-portfolio-management-ranks-top-new-ea-survey (02.02.2016)

Ward, J., & Peppard, J., (2002). Strategic Planning for Information systems, John Willey & Sons Ltd., 13-14.

Published
2017/02/14
Section
Original Scientific Paper