Strategic Technology Portfolio Management for Business Success
Understanding Technology Portfolio Management (TPM)
What is Technology Portfolio Management (TPM)?
Holistic view of how technology contributes to achieving greater business objectives.
Maximize business value with Technology Portfolio Management through strategic tech investment alignment. Technology Asset Management (TPM) is a strategic discipline that helps organizations optimize their investments in technology assets throughout their lifecycle to maximize their value, mitigate risks, control costs, and ensure compliance.
Technology assets include hardware, software, network infrastructure, databases, intellectual property, and other technological resources utilized by an organization
Strategic Alignment
Focuses on the holistic view of how technology contributes to achieving business objectives.
Matching technology investments to the organization's overall business goals and priorities. This ensures resources are focused on technologies that drive innovation, competitive advantage, and efficiency.
Technology Roadmap
Developing a clear roadmap activity planning that outlines future technology investments and initiatives aligned with strategic goals.
Return on Investment
Optimizing resource allocation and identifying underutilized technologies can lead to significant cost savings.
Allocating resources (budget, personnel, etc.) effectively across the technology portfolio to maximize returns and minimize waste.
Technology investments directly contribute to business value
Enhance Decision Making with TPM
Data-driven insights from TPM support informed decisions about technology investments, retirements, and upgrades.
Developing a clear roadmap that outlines future technology investments and initiatives aligned with strategic goals.
Risk Management
Risk management Evaluating potential risks associated with different technologies, such as security vulnerabilities, vendor lock-in, or obsolescence.