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• 4 IT Portfolio Management
• 4 IT Modernisation
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4 IT Modernisation

As previously mentioned, it is important to have a good insight into how your applications contribute to your business. This is certainly true if budget reductions require that choices will have to be made.
Good insight into the extent to which systems and adaptations contribute to keeping the business operational or growing or transforming the business, should lead to a qualitatively better applications portfolio. The topic of IT Application Modernization often crops up here and companies often opt for strategies such as re-platforming, buying a new package or a developing a new system. The last two strategies, in particular, are not always successful. This is mainly due to a lack of up-to-date functional and technical documentation.