What is an Application Portfolio Assessment and why has it become so relevant for companies?
Application Portfolio Assessment (APA) is usually the first step on your journey with LeanIX. It helps you build a repository of your applications and drive faster technical and functional assessments. As companies continue to grow and evolve, their IT landscape often becomes increasingly complex. Application portfolios can expand and therefore become disorganized, making it challenging to manage and maintain them effectively. That is where Application Portfolio Assessment (APA) is used.Application Portfolio Assessment (APA) involves the analysis of an organization's Application Portfolio to understand its strengths, weaknesses, risks, and opportunities. By conducting an APA, companies can identify any redundant, outdated, or trivial applications and systems, which can help reduce IT costs and improve overall efficiency. Additionally, an APA can help companies identify new opportunities for innovative and emerging technologies.LeanIX and its APA module provides in-depth insights into a