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Organizations throughout the public and private sectors face the imperative to improve support for operations, reduce costs, and improve efficiency. When efforts to do so are not aligned with business objectives, organizations end up spending billions of dollars on initiatives with only short-term benefits. In addition, the need for adequate security is an overarching concern that pervades all aspects of daily operations and, with related corporate and government reporting mandates, adds a compliance obligation as well. Application Portfolio Management (APM) solutions, such as Oracle's Primavera Portfolio Management, are powerful toolsets that deliver transparent processes with dramatic results. APM allows organizations in the commercial and government spheres to manage their software application portfolios - completing application rationalization to achieve enormous cost savings and improve efficiency.
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