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IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. [1] Application Portfolio Management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations.
For example, if there are 200 to 300 unique page definitions for a given application, group them into 8–12 high-level categories. This allows for meaningful SLA reports, and provides trending information on application performance from a business perspective: start with broad categories and refine them over time.
Application lifecycle management (ALM) is the product lifecycle management (governance, development, and maintenance) of computer programs. It encompasses requirements management , software architecture , computer programming , software testing , software maintenance , change management , continuous integration , project management , and ...
When used as an adjective, application is not restricted to mean: of or on application software. [6] For example, concepts such as application programming interface (API), application server, application virtualization, application lifecycle management and portable application apply to all computer programs alike, not just application software.
Mobile application management (MAM) describes the software and services responsible for provisioning and controlling access to internally developed and commercially available mobile apps used in business settings, on both company-provided and 'bring your own' mobile operating systems as used on smartphones and tablet computers.
Examples of IT portfolios would be planned initiatives, projects, and ongoing IT services (such as application support). The promise of IT portfolio management is the quantification of previously informal IT efforts, enabling measurement and objective evaluation of investment scenarios.
By example, in application portfolio management, applications are mapped to business functions and processes as well as costs, functional quality and technical quality in order to assess the value provided. The applications architecture is specified on the basis of business and functional requirements.
Cloud Application Management for Platforms (CAMP) is a specification for managing applications in the context of a platform as a service (PaaS) system. CAMP is designed to address the needs of a high-level PaaS system; one in which the consumer (generally a developer or application administrator) provides application artifacts (code, data, graphics, etc.) and specifies which provider-supplied ...