Companies have seen significant growth in the number of applications during the last decade. These applications should always be up and running since the business strongly depends on them. But in fact, these applications rely on other software components most of the time, such as Microsoft SQL or Oracle. The difficulty is that these software components often reach their end-of-life, or are no longer supported by third party vendors. Most of the time, IT departments are unable to track all of these changes, given the number of software products to manage.
Without accurately tracking the lifecycle of underlying software components, IT departments put themselves at risk. Software lifecycle information is crucial because, with it, IT departments can plan the transformation of their application portfolio more precisely. For example, if a financial transaction application relies on a database that will be deprecated in a 2-year timeframe, IT leaders can plan the migration of data into a newer database, or take the right action that fit with the company’s strategy.
Actually, IT departments should never be in a position to find out that such and such software component is already deprecated without the necessary steps having been taken to counterbalance this.
The BDNA Technopedia integration with HOPEX IT Portfolio Management, provides consistent and accurate information about IT assets. Technopedia is a categorized and structured catalog with attributes such as product lifecycles, end-of-life, and more. It manages and updates a library of more than 1.2 million products. The catalog is constantly updated with over 2,000 daily updates to ensure accurate data.
Available via a subscription, and directly integrated into HOPEX IT Portfolio Management through a web connector, Technopedia enables IT portfolio managers to make effective decisions about the evolution of their IT portfolio.
In HOPEX IT Portfolio Management, MEGA has defined the concept of “technology,” which represents the basic software components that business applications rely on. For example, technologies can be a type of database, operating system, middleware, and so on.
Thanks to the lifecycle information provided by BDNA, software release dates, end of support and end of extended support dates of these technology components are automatically populated in IT Portfolio Management. This enables Portfolio managers to track technology obsolescence very efficiently with support alert reports available for all software technologies filtered by vendor, by application portfolio, or by any other custom criteria.
Additionally, based on the official lifecycle information provided by BDNA, IT Portfolio Managers can update their own technology lifecycles using the states defined below:
Then, thanks to Gantt chart reports, the solution automatically detects current and future conflicts when an underlying technology component becomes obsolete while the business application is still in production, enabling IT leaders to plan change. MEGA’s HOPEX IT Portfolio Management solution helps them to transform their IT portfolio by defining initiatives such as the extending or phasing out of applications, assessing them through relevant criteria and implementing the best transformation plan for their IT systems.
To conclude, this integration enables IT leaders to effectively plan the evolution of their IT portfolio for better decision making. It helps increase IT alignment with business goals and make sure that business applications are well-maintained and always up-to-date thanks to accurate and real-time information on software product lifecycles.