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More than ever, today's organizations depend on application portfolios to automate core operations. These applications contain sophisticated networks of business logic that govern how business processes behave. As a result, the embedded logic represents competitive differentiators that must be preserved even as your business changes.

But your business doesn't stand still. It is constantly adapting to address new market pressures and opportunities. A merger with another organization may yield overlapping and expensive to maintain systems. Or, a move to a standard ERP system may require that the packaged application be customized to suit the specific needs of the business. Regardless, it is important that the organization recognizes the gaps between the current functionality and desired end state of its portfolio.

An effective means to address this challenge is to generate business intelligence on your application portfolios. This intelligence can help you to locate gaps between the reality of your application portfolio and your business goals. This paper will assess how to locate and account for these functionality gaps. It will also illustrate a methodology for realigning applications with business goals.