In HBR's data, they find that large companies are not only more likely to innovate than small companies, but they are also more likely to invest in cutting-edge technologies. In fact, they find that the top 500 R&D spenders increased their spending by 11 percent last year, while the bottom 500 decreased their spending by 18 percent.
One reason large companies are able to continue innovating is due to agile app rationalization programs. App rationalization is the process of reducing the number of applications an organization uses. By reducing the number of apps, companies can focus their resources on the most important and impactful apps. This allows them to save money and increase employee productivity.
So, if you're a small company wondering why you can't seem to keep up with the big guys, it might be time to take a look at your app portfolio. Chances are, you're using too many apps and not investing enough in the ones that matter. App rationalization is a great way to get started on the path to success.
If you're a large company, don't rest on your laurels. The world of business is constantly changing, and you need to change with it. App rationalization is one way to stay ahead of the curve and maintain your competitive edge. Software spend may seem like a large expense, but it's an investment that will pay off in the long run so long as your remain agile. Strong app rationalization programs will help you save money and increase employee productivity, which is a win-win for everyone.
Agile methodology has been around for a while now, and it's no secret that its use can speed up IT decision making and implementation. What is less well known, however, is the importance of employee feedback in agile app rationalization programs. In order to be truly agile, an organization must be able to rapidly respond to changes in the market or business environment. This means that decisions about which apps to keep and which to retire must be made quickly and efficiently. Employee feedback is essential in this process, as it can provide critical insights into how different apps are being used (or not used) within the company. This information can then be used to make informed decisions about which apps should be kept and which should be abandoned. Without employee feedback, an agile app rationalization program is likely to be less effective, as it will be based on incomplete information. As such, organizations should make sure to solicit feedback from employees when planning an agile app rationalization program.
So, there you have it. Agile app rationalization is the key to success for both small and large companies. If you're not already doing it, what are you waiting for? It's time to get started on the path to success. app rationalization is the way of the future, and there's no turning back.
Do you have any questions about app rationalization? Leave a comment below and let us know. We're always happy to help!
Thanks for reading! Until next time,
The DEX Insight Team