IT has historically been in the forefront of innovation. Applications fueled business growth and supported its key processes and operations. However, over time, many companies’ IT landscapes have become cluttered with obsolete IT systems and applications that no longer deliver full value to the business.
Most CIOs realize that large-scale rationalization projects are needed to simplify the functionality of existing applications; to reduce the amount of old technology; and to bring new, more effective applications into the business. In our survey of IT executives, 85% of respondents state that their application portfolios are in need of rationalization. This suggests that mission-critical applications implemented using outdated technology must be revised and updated to increase efficiency.