In the era of rapidly changing business priorities and highly competitive environment, IT applications drive a company’s business processes but the challenges of managing heterogeneous application environments are increasin.
In fact, businesses globally spend over 70 percent of their IT budgets on application maintenance/management, but at the same time they usually aren’t focused on cutting long-term costs by improving applications. Instead they pay more attention to projects that are more visible to end users.
Given the current economic scenario and the uncertainty that prevailed in the recent past, it would be prudent for IT executives and technology decision-makers to utilize significant portion of their IT budgets for maintenance and operations of the existing applications i.e. “keeping-the- lights-on”, rather than implementing new software solutions.