IT portfolio analysis solutions allow administrative users to unify on-premise and SaaS applications to eliminate redundant systems and improve organization and efficiency. These tools provide a console for mapping an organization's IT landscape. They help users standardize technologies, rationalize use cases, and align service-level agreements. They integrate with data from the applications in use to help IT managers identify an application’s value, reduce technology overlap, and mitigate risks. The tools present the landscape in a workflow or mapping model, which allows users to group technologies by use or department and visualize their entire company’s software and service stack.
There is a strong relationship between IT portfolio analysis solutions and enterprise architecture technologies. The difference lies in the fact that portfolio analysis tools are geared toward aligning technologies in place, while enterprise architecture tools are more for project planning and managing technological execution, policies, and organization.
To qualify for inclusion in the IT Portfolio Analysis category, a product must: