Application Portfolio Management (APM) is a framework for managing enterprise IT software applications and software-based services. APM provides organizations with an inventory of the company’s software applications and metrics to illustrate the business benefits of each application.
Knowsys’ services are focused upon looking at applications as assets and technical debt. Technical Debt is defined as a measure that estimates the effort to correct all instances of the 86 weaknesses included in the CISQ Automated Quality Characteristic Measures that remain in a software application’s code at release. This estimate can be used to predict future corrective maintenance costs. The cost to fix structural quality problems constitutes the principal of the debt, while the inefficiencies they cause, such as greater maintenance effort or excessive computing resources, represent interest on the debt. The measure expresses the cost of software quality in terms a business can understand by estimating future corrective maintenance costs to remedy structural defects in code.
Our APM solution allows us to leverage technology to review, prioritize, and risk-manage enterprise portfolios of unlimited numbers of applications within a few days.
Knowsys can also assess the health and effectiveness of specific applications in great depth.
Our focus is to help you assess:
- Software Resiliency – Robustness and Risk Mitigation;
- Software Agility – Supports ease of maintainability and transferability; and
- Software Elegance – Calculates complexity and ease of modernizing/digitizing applications.