The second-largest polystyrene producer in the Americas retained Myridius to establish the cost and process required to support, manage and maintain its portfolio of custom-developed applications.
Technology Portfolio Consolidation Assessment
Overview
Myridius was selected based on our proven Application Portfolio Assessment approach and tools used to collect and analyze the data related to the specific business application systems, the data processing environment, the resources used to maintain and enhance the applications, and the administrative environments supporting changes to the systems.
The Challenge
Lack of visibility to application total cost of ownership and value
Strategy and Goals
Myridius was entrusted with leading the assessment and putting in place the portfolio management plan and framework required to manage the portfolio on a go-forward basis. The client provided an inventory of custom and purchased applications that Myridius combined into groups for analysis based on the business process, technology platform, support structure, and power users.
The identified business owners and power users for the identified business processes and systems were interviewed and findings collated into a report that formed the basis of a support plan and portfolio management process.
Myridius performed an Application Portfolio Assessment of the 33 identified custom-developed applications to:
- Establishing goals, objectives and desired service levels for Application Maintenance
- Baselining skills, processes, and practices using Myridius' methodology
- Validating the inventory of applications considered for maintenance
- Providing a portfolio management roadmap and a plan for Maintaining and Enhancing the application inventory
The Final Results
- Repeatable, quick and noninvasive process
- Easily understood results
The Conclusion
Myridius' Architectural Approach started with our clients’ business drivers and business needs. As with similar projects this project provided a proven approach to providing a quantitative and qualitative foundation for support.
Ready to learn more?
Set up a one-on-one discussion with a Myridius expert to see what your brand can do to maintain its competitive advantage in today's connected world.