Application portfolio management (APM) software helps administrators consolidate both on-premises and SaaS applications, eliminating redundant systems to enhance organization and efficiency. These tools provide a central console for visualizing and mapping an organization's entire application landscape. APM software aids users in standardizing technologies, rationalizing use cases, and aligning service level agreements (SLAs). By integrating data from active applications, these tools enable IT managers to assess an application’s value, minimize technology overlap, and reduce risks. The software typically displays the application landscape in a workflow or mapping format, allowing users to group technologies by function or department and gain a clear view of their company’s software and service stack. While closely related to enterprise architecture software, application portfolio management solutions focus more on optimizing existing technologies within an organization. In contrast, enterprise architecture tools are primarily designed for project planning and managing the execution of technological strategies, policies, and organizational structures.
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