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The Applications Handbook.pdf - Nexus Technologies Inc.

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PLAN: Building the Right <strong>Applications</strong> in the Right Way ■ 23<br />

impacts on cost and resource availability. It can also help planners:<br />

• Revisit proposals that are not in the current planning<br />

period but are still relevant for the business within the<br />

next planning period.<br />

• Identify proposals that cross fiscal reporting periods.<br />

Summary: Application as Asset<br />

An application is a business asset. It merits the same comprehensive<br />

financial treatment (ROI, depreciation, etc.) as other<br />

assets.<br />

Portfolio management and optimization is the critical discipline<br />

in proper IT financial management, where enterprises<br />

achieve complete visibility into the delivery and support costs<br />

of the application, from proposal through retirement.<br />

Only by gaining the necessary transparency of costs can IT<br />

hope to control them, calculate value, and direct spending for<br />

maximum innovation and business value.<br />

<strong>The</strong> ‘Other’ Enterprise Planning:<br />

Architecture and Policy Governance<br />

We’ve made the case that too few enterprises recognize the<br />

huge change that modernization means for their application<br />

teams. Perhaps nowhere is this more evident than in application<br />

architecture.<br />

Gone are the days of brittle, standalone applications. <strong>Inc</strong>reasingly,<br />

the application results from an orchestration of pre-existing<br />

components and services.<br />

This is next-generation architecture and it’s redefining the way<br />

applications are designed, built, and delivered. However,<br />

adopting these new architectural strategies doesn’t just happen<br />

by embracing buzzwords like “service-oriented architecture”<br />

(SOA) or “composite applications.” Getting the maximum

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