Stackyon

Maximize Efficiency With Our Application Rationalization Solutions

Stackyon’s application rationalization gives you higher return on IT investments and improves your cost efficiency. We enable you to consolidate application landscape to boost savings.

The Need for Application Rationalization

Support your ambitious vision for the business with Stackyon. Take a look at potential business challenges that necessitate low-code application rationalization.

Application Creep

As organizations grow in size and complexity, there is always an exponential growth in the number of applications. As a result, businesses need to battle the inefficiencies resulting from varied applications.

Mergers & Acquisitions

M&A activities invariably result in an overlapping and redundant application landscape. A newly added business introduces applications that often duplicate existing ones in the old organizations.

Shadow IT

Individuals & departments often purchase applications without the Central IT department's overall governance to overcome critical challenges.

Siloed Purchasing

A fall in enterprise-wide visibility leads to more purchases of similar applications across departments or geographies.

Organization Sprawl

The sheer size and complexity of operations across an enterprise affect centralized decisions. It leads to efficiency loss from individual mandates.

Rising Costs

Purchasing hundreds of applications guarantees redundancy and outdated legacy systems that consume time and resources, leaving a significant cost impact.

Application Rationalization Strategy

A strategic transformation to consolidate and rationalize the application landscape in any mid to large enterprise can significantly impact cost savings while boosting efficiency and productivity. It is a crucial step for making investment and divestment decisions for the business. Determine which application should be kept, revamped, retired, or consolidated to modernize and maintain the application portfolio. Use the unmatched power of Stackyon’s Enterprise Application Hub architected around low-code technologies to plan a strategic migration path for redundant and legacy applications.

Application Rationalization Process

Identify Needs and Set Governance

  • Determine scope
  • Establish governance
  • Identify requirements
  • Develop questionnaire template
  •  Inventory Applications

  • Send questionnaire
  • Validate responses
  • Create new applications
  • Publish service catalog
  • Assess Business Value & Technical Fit
  • Review business value and technical fit
  • Determine dependencies
  • Identity duplication
  • Assess the Total Cost of Ownership
  • Confirm current state
  • Identify cost outliers and compare the total cost
  • Score Applications
  • Develop scoring methodology and score applications
  • Review the application scores
  • Determine Application Placement
  • Group applications based on the scores
  • Assess future state
  • Analyze hosting alternatives
  • Application Rationalization Framework

    Determine which applications should be replaced, reimagined, retired, and retained with low-code application rationalization.

    Replace

    (High Technology Maturity – Low Relevance to Business)
  • Replace white elephants and stalled projects
  • Identify potential use cases to derive ROI
  • Shelve or re-use during a business impact
  • Retain

    (High Technology Maturity – High Relevance to Business)
  • Applications that make an impact
  • Retain the key ones in the overall application portfolio
  • Critical to identify and align ancillary products
  • Retire

    (Low Technology maturity – Low Relevance to Business)
    • Study the potential impact of retired applications
    • Study the cost of retirement
    • Retire redundant applications

    Revamp

    (Low Technology maturity – Low Relevance to Business)
  • Measure the relevance of the applications
  • Revamp the application suite for technological competence
  • Make vs. Buy analysis is critical
  • Why Application Rationalization is Necessary

    According to research, 80% of the IT budget is spent on maintaining existing applications. That’s why planning application rationalization is imperative to the IT and overall business budget, as it reduces your expenses on maintaining redundant or repetitive applications.

    Benefits of Application Rationalization

    There are several benefits that drive your decision to modernize the application inventory. Cut down redundancies, improve return on investments, and monitor costs by revisiting your applications. Rationalizing is not complex and can be executed seamlessly with Stackyon’s experts.

    Vendor Management

    Realize significant savings by rationalizing the number of vendors. It guarantees a shift in mindset from vendor management to mutually beneficial strategic partnerships.

    Greater Return on Investment

    Fewer applications, greater adoption and usage, and tight integration between systems and teams that can maintain and build on multiple applications result in high ROI.

    Tools & Technologies

    Rationalizing the application landscape makes standardization and synergies possible. However, it eliminates diverse tools and technologies.

    Significant Cost Savings

    Improving antiquated systems, eliminating redundant infrastructure, and optimizing resource utilization saves costs.

    Visibility & Transparency

    Eliminate inefficiencies and bottlenecks with enterprise-wide automation. Hyper integrate to highlight information black holes and data craters.

    Empowered Fusion Teams

    Enable closer collaboration between technical and nontechnical employees through a platform that helps them speak a common language.

    Application Rationalization Success Story

    A prominent US-based health insurance firm, with revenues exceeding $50 billion, relied on numerous outdated legacy applications to track, analyze, and report prescription drug usage. Their application rationalization goal was to establish a robust, automated system to detect and monitor high-risk patients while also aiding in the transition of patients away from these restricted substances.
    Stackyon’s low-code application platform facilitated the creation of a highly scalable solution in just six business weeks. Our data mapping and aggregation feature enabled the collection and analysis of multiple data points, ultimately enhancing the health experience for high-risk patients. The client achieved $1.4 million in average benefits during the first year post-deployment.