Finding ways to optimize your company’s operations is important to enhance effectiveness and productivity within the workspace. With application portfolio management software, companies can better assess the way how technologies such as software are being used by their employees. Here are some of the best portfolio management software available.

13+ Application Portfolio Management Software

1. LeanIX Enterprise Architecture Management

leanix enterprise architecture management

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Rating: 4.7/5

Price: Custom

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2. CAST Highlight

cast highlight

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Rating: 5/5

Price: Custom

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3. SecurityScorecard

securityscorecard

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Rating: 4.8/5

Price: Custom

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4. Planview Enterprise One

planview enterprise one

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Rating: 5/5

Price: Custom

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5. Ardoq

ardoq

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Rating: 5/5

Price: Custom

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6. ROI4CIO

roi4cio

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Rating: 5/5

Price: Custom

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7. IServer

iservers

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Rating: 5/5

Price: $826/Month

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8. Alfabet Cloud

alfabet cloud

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Rating: 4.6/5

Price: Custom

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9. BiZZdesign Enterprise Studio

bizzdesign enterprise studio

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Rating: 5/5

Price: Custom

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10. Planview PPM Pro

planview ppm pro

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Rating: 4/5

Price: Custom

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11. ServiceNow

servicenow

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Rating: 4.7/5

Price: Custom

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12. EOS ITPM

eos itpm

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Rating: 5/5

Price: Custom

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13. RiskRecon

riskrecon

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Rating: 4.6/5

Price: Custom

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14. Axonius

axonius

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Rating: 5/5

Price: FREE

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What Is Application Portfolio Management Software?

Application portfolio management software is an IT software where administrative users of the software combine on-premises and SaaS programs. This portfolio management software allows users to eliminate the redundant processes within the operations of the company.

Benefits

Application portfolio management software helps eliminate redundancies taking place within the company’s operations to ensure effective organization and higher efficiency. The portfolio management software also helps prevent overlapping of other IT software when it comes to formulating solutions based on data from existing software. The portfolio tracking software also allows companies to manage their operations effectively, with the software proving a clear view of their map workflow and SaaS apps in use by the company in one place.

Features

Application portfolio management software provides mapping software tools that help users establish the SaaS software in use to see its efficacy within employees and the department of the company. Another important application portfolio management tool is that it tracks how much the software is used for each department, which the data collected from this process is crucial to see which SaaS service is worth keeping for the service. The portfolio management system software should also be able to rank software based on how much it’s being used by its employees and teams, as well as the budget considerations of the company. Through this software, users can see the redundancies done and eliminate them for better organizational effectiveness.

  • SaaS software mapping tools
  • Software tracking tools
  • Rank software from useful to useless
  • Eliminate redundancies that bring down work productivity

Top 10 Application Portfolio Management Software

1. SecurityScorecard

SecurityScorecard provides risk management software for tech company cybersecurity teams with its highly effective tools that protect tech companies. SecurityScorecard has 373 employees and earns annual revenue of $76.1 million.

2. ServiceNow

ServiceNow provides digital workflow software where all businesses can take advantage of over its simple uses. ServiceNow has 12,618 employees and earned a revenue of $4.519 billion in 2020.

3. Alfabet Cloud

Alfabet Cloud provides IT solutions software that helps companies manage their IT portfolio easily. Alfabet has 704 employees and earns annual revenue of $147.8 million.

4. Planview PPM Pro

Planview PPM Pro helps accelerate its project management operations with its project portfolio management software. Planview has 886 employees and earns annual revenue of $128.5 million.

5. Axonius

Axonius’ digital asset management software helps companies analyze the use of their assets as part of their working operations. Axonius has 261 employees and earns annual revenue of $53.2 million.

6. LeanIX Enterprise Architecture Management

LeanIX Enterprise Architecture Management helps companies manage their IT-related risks effectively. LeanIX has 346 employees and earns annual revenue of $50.2 million.

7. RiskRecon

RiskRecon’s cybersecurity software makes it easy for companies to assess their vulnerability with its risk management software tools. RiskRecon has 97 employees and earned annual revenue of $19.8 million.

8. Ardoq

Ardoq helps companies navigate the digital transformation that allows them to visualize their businesses to their stakeholders. Ardoq has 63 employees and earns annual revenue of $9.1 million.

9. CAST Highlight

CAST Highlight provides companies with their rapid application portfolio analysis software that helps them find risks and monitor the health of their operations. CAST Highlight has 29 employees and earned a revenue of $5 million.

10. EOS ITPM

EOS ITPM helps companies manage and plan their IT portfolio in a more sustainable manner that will lead to productive results. EOS ITPM EOS Software has 6 employees and earned annual revenue of $900,000.

FAQs

Which software does application portfolio management software integrate well with?

Application portfolio management software works well with enterprise architecture software as the latter software focuses on managing the projects and its use of technologies involved within the company, as well as aligning the company’s policies. Application portfolio management software complements the software by similarly aligning the technologies that the companies already have such as SaaS software.

What is the difference between SaaS spend management software and application portfolio management software?

SaaS spend management software focuses on tracking the subscription costs of the SaaS software that the company uses, while application portfolio management software focuses on analyzing the usefulness of the portfolio management system software and technologies that the company has.

How much does application portfolio management software cost?

Pricing for application portfolio management software is usually customized, with each software offering different subscription tiers that have more features or less depending on the price. Pricing for application portfolio management software varies depending on the features available and the intended target company. Small companies may benefit from low-cost application portfolio management software, while large companies may benefit from high-cost software.

With application portfolio management software, companies can assess the resources they have and see whether they still need them based on the frequency of usage by employees.

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