Application Portfolio Management (APM) is the foundation stone for successfully delivering agile business transformation. As organizations need to understand their application landscape to transform, the value of the APM practice has become clear: it allows organizations to focus on maximizing the capacity to drive forward new features and innovate across the business while freeing up the budget and resources needed to move strategy forward and work towards future goals.
Around 70% of our global user base begin building out their enterprise architecture by mapping their application portfolio. They recognize that, when done with Ardoq, strategic Application Portfolio Management allows them to regain control of their IT investments. With a complete IT overview, they can focus their capabilities on the business priorities which maximize impact.
The “2021 Gartner® Market Guide for Application Portfolio Management Tools”
The need for efficient APM and its impact on business transformation initiatives has been widely documented in various industries. In their “2021 Market Guide for Application Portfolio Management Tools”, Gartner® acknowledges Ardoq as a Representative Vendor.
In the market guide, Gartner says:
“We expect this market to grow as we see more organizations appreciate the value of APM. Organizations are moving away from one-off APM initiatives to continuous APM. They abandon their spreadsheet-based application inventories, moving to APM tools that provide better support, especially in the area of data maintenance.”
We believe our inclusion as a Representative Vendor in the Gartner Market Guide validates Ardoq as a competitive solution in the market, enabling organizations to manage their application portfolios through a flexible, data-forward approach.
What Differentiates Application Portfolio Management with Ardoq
Whether you are the CIO, Enterprise Architect, or IT Manager, two of your common objectives are to deliver continuous change and run an efficient and effective IT operation. APM provides the foundation for you to achieve this by creating and maintaining up-to-date information about how IT operates. Without trustworthy, up-to-date information, you can’t make effective decisions on how to improve. This Application Portfolio Management foundation enables you to:
- Maximize the effort you dedicate to new functionality and innovation by minimizing the work needed on routine, "keeping the lights on" maintenance.
- Deliver a high-quality IT environment with, for example, minimal performance issues and customer-facing downtime. This is achieved by providing traceability between all aspects of IT to locate and deal with issues as they arise.
- Visualize the impact of proposed changes by comparing them with planned initiatives. This knowledge enables you to provide your business partners with solid delivery dates for new improvements, allowing them, in turn, to meet their performance goals.
- Improve initiative prioritization by providing high-quality data, detailing when a change can happen, how long that change will take, and open possibilities for co-design to improve time-to-value adjustments.
- Shorten decision-making time and improve decision-making quality by always having up-to-date information about your IT landscape and the impact of change - even as that landscape is continuously evolving.
Ardoq's key differentiator is the ability to connect APM data to a variety of information that drives insight. Moreover, that data is kept up-to-date, with the least amount of effort, in the face of continuous change.
Our customers have a vision for their IT department to become a progressive, strategic partner for their business. The journey towards that vision requires a solid foundation of high-quality data. An effective and efficient IT operation demands knowledge of the current applications, the infrastructure they run on, how they are interconnected. Ardoq's platform automatically updates information where possible and democratizes and distributes the process for updating information to those who have the right competence when full automation is not possible. This creates real value by using that information to quickly determine where changes need to happen, accurately quantify the cost and benefit of certain changes, and co-create with businesses to deliver possibilities rather than bottlenecks. In addition, by providing high-quality information as the IT landscape changes, you build a solid platform of trust with your business partners.
How Our Customers Use APM
Our forward-thinking and innovative global customers use Ardoq to engage, drive change, and build dynamic, actionable roadmaps that scale.
Omers, a Canadian pension fund, adopted Ardoq in order to approach Application Portfolio Management with ease. Our platform enables them to see everything more clearly within the company’s tech stack and each application’s capabilities and how those technologies interact with one another and the people using them.
Reitan Convenience, one of the largest convenience companies in Europe (with brand names such as 7-Eleven and Narvesen), set up the out-of-the-box Application Portfolio Management use case. This enabled them to get all their data in one place quickly and then efficiently turn that data into insight.
Is your organization ready to successfully transform with a collaborative, data-driven visual map?
Disclaimer
1. Gartner, Market Guide for Application Portfolio Management Tools, 24 August 2021, Stefan Van Der Zijden, Wan Fui Chan.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
3. Gartner, Magic Quadrant for Enterprise Architecture Tool, 14 December 2020, Derek Miers, Akshay Jhawar
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
4. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Ardoq.
