Application Portfolio Management (APM) by ServiceNow is a comprehensive software solution designed to help organizations manage, optimize, and rationalize their IT application portfolios. It provides tools for better visibility, cost reduction, strategic alignment, and modernization of business applications.

Key Features

Enterprise Architecture Workspace Consolidated interface for actionable insights

• Real-time decision-making capabilities
• Centralized view of the application portfolio

Application Rationalization Data-driven decision-making for application investments

• Evaluate whether to invest, sustain, or replace applications
• Identify redundant and obsolete applications

Capability Mapping Align technology with business objectives

• Capability-based planning
• Map technology investments to business value streams

Digital Integration Comprehensive integration landscape visualization

• Understand connections between applications
• Identify integration opportunities and risks

Benefits

Better Visibility Centralized inventory of business applications

• Visualize the full application portfolio
• Gain insights into application dependencies and relationships

Lower Costs Reduce IT expenses through portfolio optimization

• Eliminate redundant applications
• Identify and remove obsolete systems

Strategic Alignment Align applications with business priorities

• Ensure IT investments support core business functions
• Improve overall business performance through an optimized application portfolio

Accelerated Modernization Data-driven application rationalization

• Identify modernization opportunities
• Streamline the application landscape for improved efficiency