How can IT portfolio management and rationalization help eliminate waste and optimize IT investments?
IT portfolio management and rationalization play a crucial role in eliminating waste and optimizing IT investments by ensuring that resources are allocated efficiently, redundant applications are eliminated, and investment decisions are aligned with business goals. By evaluating the entire IT portfolio, organizations can identify underperforming or redundant projects, prioritize high-value initiatives, and streamline processes. This results in cost savings, increased efficiency, and better alignment with strategic objectives.