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Application Portfolio Rationalization

Application portfolio rationalization is the act of streamlining the existing application portfolio with an explicit goal of improving efficiency, reducing complexity, and lowering Total Cost of Ownership by: Retiring aging and low-value applications; Modernizing aging and high-value applications; Eliminating redundant applications; Standardizing on common technology platform and version; Consolidating the applications—either physically, logically, or both.

This tag is listed under IT Strategy & Management Community

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