<h2>Application Portfolio Management</h2><br/><div style="overflow-x:auto"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"><head><meta content="text/html; charset=UTF-8" /><meta name="copyright" content="(C) Copyright 2025" /><meta name="DC.rights.owner" content="(C) Copyright 2025" /><meta name="generator" content="DITA-OT" /><meta name="DC.type" content="concept" /><meta name="DC.title" content="Application Portfolio Management" /><meta name="abstract" content="Use the ServiceNow Application Portfolio Management (APM) application to gain a comprehensive understanding of the applications used in your organization so you can identify redundancies, and decrease budgetary costs. By consolidating applications within the same business function, you can identify applications to modernize or upgrade." /><meta name="description" content="Use the ServiceNow Application Portfolio Management (APM) application to gain a comprehensive understanding of the applications used in your organization so you can identify redundancies, and decrease budgetary costs. By consolidating applications within the same business function, you can identify applications to modernize or upgrade." /><meta name="DC.relation" scheme="URI" content="../../../product/application-portfolio-management/concept/application-portfolio-management.html" /><meta name="DC.creator" content="ServiceNow" /><meta name="DC.date.created" content="2023-08-03" /><meta name="DC.date.modified" content="2023-08-03" /><meta name="DC.format" content="XHTML" /><meta name="DC.identifier" content="application-portfolio-management-landing-page" /><link rel="stylesheet" type="text/css" href="../../../CSS/commonltr.css" /><title>Application Portfolio Management</title></head><body class="overview" id="application-portfolio-management-landing-page"> <h1 class="title topictitle1" id="ariaid-title1"><span class="ph">Application Portfolio Management</span></h1> <div class="body conbody"><p class="shortdesc">Use the <span class="ph">ServiceNow®</span> <span class="ph">Application Portfolio Management</span> (APM) application to gain a comprehensive understanding of the applications used in your organization so you can identify redundancies, and decrease budgetary costs. By consolidating applications within the same business function, you can identify applications to modernize or upgrade.</p> <p class="p">APM helps you decide whether to invest, sustain, or replace applications based on the business need aligned towards the organization goal.</p> <div class="p">You can address business challenges such as:<ul class="ul" id="application-portfolio-management-landing-page__ul_rrf_lht_tw"><li class="li">Redundant applications for similar functions.</li><li class="li">Increasing cost of owning and maintaining applications.</li><li class="li">Increasing demand to upgrade the existing applications for new functions.</li><li class="li">Conflict between in-house legacy applications and that of the vendors.</li><li class="li">Inadequate performance because of outdated applications.</li></ul> </div> <p class="p">Overcome these challenges, improve business functions in an efficient and smooth manner, and optimize cost with these APM processes.</p> <p class="p"><span>Watch this five-minute video to get a better overview of Application Portfolio Management.</span> </p> <div class="p"> <div class="tablenoborder"><table cellpadding="4" cellspacing="0" summary="" id="application-portfolio-management-landing-page__table_uw5_lxw_sjb" class="table" frame="border" border="1" rules="all"><colgroup><col style="width:18.148820326678766%" /><col style="width:81.85117967332123%" /></colgroup><tbody class="tbody"><tr class="row"><td class="entry cellrowborder" style="vertical-align:top;"><img class="image" id="application-portfolio-management-landing-page__image_t33_1vl_fsb" height="63" width="63" src="../../../common/image/icon-manage.png" alt="APW." /></td><td class="entry cellrowborder" style="vertical-align:top;"><p class="p"><a class="xref" href="application-portfolio-management-landing-page.html#application-portfolio-management-landing-page__section_rts_qj4_dwb">Manage digital Integrations in APM</a></p> <p class="p">Manage all the integrations of all your applications at a centralized space to control them in <span class="ph">Application Portfolio Management</span>.</p> </td></tr><tr class="row"><td class="entry cellrowborder" style="vertical-align:top;"><img class="image" id="application-portfolio-management-landing-page__image_ttx_cwb_ckb" height="63" width="63" src="../image/icon-project-manager.png" alt="Project Portfolio Management." /></td><td class="entry cellrowborder" style="vertical-align:top;"><p class="p"><a class="xref" href="application-portfolio-management-landing-page.html#application-portfolio-management-landing-page__section_vsr_3l4_dwb">Rationalize applications by business capability</a></p> <p class="p">Rationalize all the business applications in a specific business capability and decide whether to invest, sustain, or to replace any application by configuring multiple combinations of indicators in a bubble chart.</p> </td></tr><tr class="row"><td class="entry cellrowborder" style="vertical-align:top;"><img class="image" id="application-portfolio-management-landing-page__image_upf_fvl_fsb" height="63" width="63" src="../image/icon-supervised-learning.png" alt="Agile planning." /></td><td class="entry cellrowborder" style="vertical-align:top;"><p class="p"><a class="xref" href="application-portfolio-management-landing-page.html#application-portfolio-management-landing-page__section_nrb_5l4_dwb">Define standards for software products and products versions</a></p> <p class="p">Define software products standards and manage unapproved software in your organization. Use the <span class="ph">Technology Reference Model</span> feature to define the standards for the software to be used in your organization.</p> </td></tr></tbody></table> </div> </div> <div class="section" id="application-portfolio-management-landing-page__section_rts_qj4_dwb"><h2 class="title sectiontitle">Manage digital Integrations in <span class="ph">APM</span></h2> <p class="p"><img class="image" id="application-portfolio-management-landing-page__image_w33_gv4_dwb" src="../image/digital-int-requests-list.png" alt="Digital integration requests list" /></p> <p class="p">The digital integration represents integration between two business applications. In a typical scenario there would be a consuming business application, a provider business application, and an interface that is provided by the provider business application. The digital integration contains the metadata on the integration, including name, version, type, data flow direction, middleware used, owners, and so on.</p> </div> <div class="section" id="application-portfolio-management-landing-page__section_vsr_3l4_dwb"><h2 class="title sectiontitle">Rationalize applications by business capability</h2> <p class="p"><img class="image" id="application-portfolio-management-landing-page__image_gdj_qn4_dwb" src="../image/rationalization-by-cap.png" alt="Rationalization by capability" /></p> <p class="p">Evaluate business application scores in the context of business capability. Decide whether to invest, sustain, or to replace an application by configuring multiple combinations of indicators in the bubble chart.</p> </div> <div class="section" id="application-portfolio-management-landing-page__section_nrb_5l4_dwb"><h2 class="title sectiontitle">Define standards for software products and products versions</h2> <p class="p"><img class="image" id="application-portfolio-management-landing-page__image_t3w_mmv_35b" src="../../it-business-management/image/TRM-products-view.png" height="398" width="958" alt="TRM view." /></p> <p class="p">Use the Technology Reference Model (TRM) module to define standards for all software applications that are used in your organization. You can define the software, and software versions to be used in the production. Add new software products to the TRM library, and approve or reject requests submitted by other stakeholders. Use the technical debts page to find out unapproved software products that are being used in production.</p> </div> <div class="section products-list" id="application-portfolio-management-landing-page__section_vpq_1j1_pjb"><h2 class="title sectiontitle">Applications and features</h2> <div class="p"> <ul class="ul" id="application-portfolio-management-landing-page__ul_od3_cj1_pjb"><li class="li"><a class="xref" href="ea-workspace.html" title="The Enterprise Architecture Workspace (EA Workspace) is part of the Application Portfolio Management application. It provides an interactive user interface to enable enterprise architects to stay up to date with their tasks, get insights, and monitor the health of the portfolio from a single location.">Enterprise Architecture Workspace</a></li><li class="li"><a class="xref" href="application-portfolio-management.html" title="Application Portfolio Management (APM) provides a complete picture of the application estate, including the underlying technology relationships.">Application Portfolio Management Overview</a></li><li class="li"><a class="xref" href="application-portfolio-management-home.html" title="The Application Portfolio Management (APM) portal gives you an enterprise-wide applications landscape view of the number of applications and other key metrics. As an enterprise architect (EA), you can view and access all the APM modules from this portal.">Application Portfolio Management portal</a></li><li class="li"><a class="xref" href="technology-portfolio-management.html" title="The underlying technologies of the business applications used in your business enterprise have a shelf life that must be actively managed and diligently monitored to track their versions and lifecycle. Use the timeline view of the Technology Portfolio Management to track their dates and thereafter create a demand or a project to upgrade or retire them.">Technology Portfolio Management</a></li><li class="li"><a class="xref" href="technology-reference-model-in-apm.html" title="Define the software products standards for your organization and manage unapproved software in your organization. The Technology Reference Model (TRM) feature is available only for software products.">Technology Reference Model</a></li><li class="li"><a class="xref" href="manage-digital-integrations.html" title="You can manage all the integrations and interfaces at a centralized space.">Management of digital integrations</a></li><li class="li"><a class="xref" href="apm-cloud-readiness-score-prof.html" title="The Cloud Assessment scoring profile in Application Portfolio Management helps you to evaluate a business application for its cloud migration readiness.">Application Portfolio Management (APM) Cloud Assessment</a></li><li class="li"><a class="xref" href="architectural-artifacts-in-apm.html" title="Architectural artifacts are created to describe a system, solution, or state of an enterprise. The goal of architectural artifacts in Application Portfolio Management (APM) is to enable Enterprise Architects to create and manage artifacts in their organization.">Architectural artifacts</a></li><li class="li"><a class="xref" href="apm-exp-ppt.html" title="Generate and download the status reports from your Application Portfolio Management instance as a Microsoft PowerPoint file. You can share this report with stakeholders and teams for collaboration.">Exporting Application Portfolio Management data to Microsoft PowerPoint</a></li></ul> </div> </div> </div> <div class="related-links"> <ul class="ullinks"><li class="link ulchildlink"><strong><a href="../../../product/application-portfolio-management/concept/application-portfolio-management.html">Application Portfolio Management</a></strong><br /> <span class="ph">Application Portfolio Management</span> (APM) provides a complete picture of the application estate, including the underlying technology relationships.</li></ul> </div></body></html></div>