5 Ways Loggle Will Help Optimize How Your Business Uses IT

The importance of technology to businesses elevates every year. The way an organization leverages technology and designs its IT landscape can be a 'make it or break it' factor. For business owners today, managing software application portfolios is just as important as managing financial investment portfolios. In 2020, one of the main roads to achieving key business objectives is through efficient and cost-effective management of software.

Application Portfolio Management and Streamlining IT Use

APM helps design lucrative IT landscapes and create long-term, sustainable plans that feature healthy applications lifecycles, productive users, and high-value investments. It connects the business and IT ends of organizations, aligning the use of software applications with business strategy. Loggle, a smart and practical APM tool, helps achieve the mentioned objectives, and then some. In this blog post, we listed five ways in which Loggle can help your business thrive by optimizing how it uses IT.

Loggle enables the optimization of organizations' application portfolios by encouraging a systematic approach of evaluating applications, simplifying license management and helping create preemptive budgetary plans. With Loggle, you can;

• Allocate Resources Mindfully
• Minimize IT Risk
• Enhance Budget Planning
• Improve Compliance
• Maintain Standardization

1. Allocate Resources Mindfully

All software applications in Loggle have assigned owners, who are responsible for overseeing their applications' quality, maintenance, and level of usage. Users can report complaints and suggestions, which can be listed in Loggle and evaluated by the owners. With this system, no application goes unnoticed. Instead of being overlooked and forgotten (albeit still paid for), applications that are underused, have frequent incidents, are ineffective or too difficult to maintain become apparent. Owners can mark the application as having reached end-of-life, and relevant teams can start preparing for its migration or termination in technical and financial contexts.

2. Minimize IT Risk

Risk management is a crucial factor when evaluating your application portfolio. Applications that are technically unreliable represent a threat to organizations, and this risk may involve a disruption in work or loss of data. Technology isn't static - quite the opposite, some Software-as-a-Services get upgraded daily. Some aren't as agile.

Software that runs outdated security, or that no longer updates itself due to a variety of reasons, introduces a substantial amount of risk in IT environments. Loggle helps make decisions on current, real-time data and eliminates the possibility of overlooking outdated applications. Eliminating obsolete technology not only reduces IT costs but also ensures the safety of the IT environment.

3. Enhance Budget Planning

Loggle helps track both individual cost elements and the overall TCO (Total Cost of Ownership) of applications. Having a transparent overview of IT costs with detailed accounts of expenses has many benefits. Users can filter TCO by various factors and obtain visual representations of cost distribution. Charts and graphs become a means of communication between the IT and business ends of an enterprise. Stakeholders get a better understanding of how their IT budget is distributed among departments, applications, owners, and vendors.

If an application is deemed subpar after evaluation, planning for its replacement or termination can begin in advance. Users also receive email notifications for applications that are nearing their license renewal dates, which provides a heads-up: should the license be renewed or is there an alternative that would better suit the business?

4. Improve Compliance

Aside from applications' individual performances, compliance between software is also a noteworthy issue. Some widely used applications are interconnected and if one reaches end-of-life, it can affect the use of others.

The enterprise architecture of a company must be studied, and relevant application groups should be noted as working together. When one application is supposed problematic due to unsupported, out-of-date technology, the whole bunch is compromised in the context of reliability. Elements of such a group will prove more difficult to upgrade or replace since more than one application is to be considered. However, a thorough understanding of the system, together with a preemptive diagnosis, will help achieve a much easier transition.

5. Maintain Standardization

Many companies have a difficult time maintaining a standard for software applications used throughout different branches and departments. This is particularly the case when a company is medium-sized to relatively big, but also decentralized. It's often that every branch has its own way of doing things and everyone is on varying levels of the learning curve.

Loggle gives visibility over the entire company's software and once Gartner's TIME analysis is performed, branches can leverage the collective knowledge of what works best. Users can accurately determine applications' IT quality, level of use, reported incidents, and ease of maintenance. Business owners can decide which applications provide the most value and standardize their use throughout the entire firm.

Conclusion

Monitoring and streamlining an organizations' IT assets have proved to aid businesses in achieving their objectives as well as reducing their IT capital allocation and risk. Though some find the notion of APM intimidating, most likely due to the trouble of taking the initial application inventory, an effective tool like Loggle simplifies the process and makes it worth the while by providing companies with significant cost savings and improved efficiency in the long run. If you'd like to find out more about Loggle, feel free to see our other content on its benefits and how it works.