Features / Application Portfolio Management
Application Portfolio Management
Application Portfolio Management is knowing what applications your organization runs, who owns them, which ones matter, and which should be retired. Without it, you're making million-dollar decisions based on guesswork.
Albumi gives you a structured registry of every application — with lifecycle status, strategic classification, ownership, and all its connections to integrations, data, and business capabilities. One source of truth instead of scattered spreadsheets.
What You Can Do
Classify with TIME
Every application gets a strategic classification: Tolerate, Invest, Migrate, or Eliminate. This turns your portfolio into an actionable roadmap — leadership sees where to spend and where to cut, without wading through spreadsheets.
Track Lifecycles
Each application moves through Plan, Phase-In, Active, Phase-Out, End-of-Life. You see at a glance how many systems are being retired, how many are coming online, and what your portfolio will look like next quarter.
Assign Ownership
Every application has an owner and belongs to an organization. When something breaks or needs a decision — you know who to call. No more hunting through Confluence to find the responsible team.
Business Criticality
Mark which systems are mission-critical vs. nice-to-have. This feeds directly into impact analysis — a change to a critical system gets flagged with higher risk automatically.
Technology Stack
Link applications to their IT Components — databases, platforms, frameworks. When Oracle reaches end-of-support, you instantly see every application that depends on it.
Example: Rationalizing 3 CRMs Into 1
Your organization runs Salesforce, HubSpot, and a legacy in-house CRM. Three systems doing roughly the same thing. In Albumi, you classify Salesforce as "Invest", HubSpot as "Tolerate", and the legacy tool as "Eliminate".
Now the picture is clear: the legacy CRM has 4 integrations that need to be migrated, 2 data objects that need a new System of Record, and the Sales team in APAC still depends on it daily. What used to be a 2-week discovery project is now a 10-minute portfolio review.
Works Together With
Impact Analysis
Before retiring an application, see everything that depends on it — integrations, data objects, downstream systems.
Business Capability Mapping
Map applications to capabilities to spot where you have 3 tools doing 1 job — or 0 tools doing a critical job.
Reports & Dashboard
See portfolio health at a glance — lifecycle distribution, TIME breakdown, applications by organization.
Get Control of Your Application Portfolio
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