One way to get a grip on your application landscape is to do a major one-time overhaul, thereby risking to attract the application hoarding dragon yet again. In order to do this, you need to develop and execute an application strategy that rationalizes your legacy portfolio and at the same time prepares it for fast-emerging business requirements and new technologies. You do not want to integrate these tepuis with the rest of your business, right? No, in the ideal situation you want to get rid of these monstrous mountains that make your application landscape so hard to manage.
Consequently, we see this huge jungle of monolithic application landscapes of “tepuis” (the table mountains of the South-American jungle) that act as separate (mini) ecosystems that are completely isolated from the rainforest below. The challenge is to maintain such a service or product while replacing applications. Take for example a pension fund, which provides its services over many decades. It is not uncommon that the product lifecycle of financial services exceeds the lifecycle for applications. Similar to the dragon Smaug in Tolkien’s “The Hobbit”, where the giant amount of gold attracts Smaug who then expels the dwarves from their home.Īpplication hoarding in the financial sector has more causes than just mergers and take-overs. These different business operations functioning under a single umbrella has allowed the application-hoarding dragon to creep in.
Often, these joint forces still act like separate businesses but serve the same customers. How did it come to this? Well, over the years the financial sector has seen many mergers, acquisitions and joint ventures. However, this kind doesn’t fancy gold, this one hoards applications! Normally these creatures are in search of gold.
This dark monster has an obsessive-compulsive disorder. In many organizations a mythical creature lays deep down in the catacombs, otherwise known as the server rooms. Application Portfolio Management for Finance – Slaying the Dragon
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