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What does Application Portfolio Mean?
A business’s application portfolio might be a significant determinant of its profitability. The enterprise personnel’s degree of knowledge and expertise with the applications as well as the generation of new technologies (or the obsolescence of present ones) can all lead to or detract in an enterprise’s bottom line.
Application portfolio identifies the collection of services and software applications, which it uses to attain its targets or objectives of an organization. Managing these tools is often referred to as application portfolio management (APM).