Establishing Financial Justification

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Describe horizontal and vertical IT portfolio management integration strategies. Then address foundation building, innovation, and automation as complementary strategies to horizontal and vertical integration. What are the future trends in IT process integration?

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Applying IT Solution Applications For this four-page assessment, you will discuss the application of information technology solutions utilized in solving the strategic, tactical, and operational challenges of organizations. By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria: Discuss the application of information technology solutions for this four-page assessment: 1. Describe horizontal and vertical IT portfolio management integration strategies. Then address foundation building, innovation, and automation as complementary strategies to horizontal and vertical integration. What are the future trends in IT process integration? 2. There have been many pricing strategies for commercial off-the-shelf (COTS) software maintenance, but typically 15–30 percent of the original investment cost is a standard figure for annual maintenance of COTS software. • How does this relate to in-house maintenance of an in-house developed software application? • Have you seen any figures on maintenance of open source software implementations? • Does the expense of software maintenance continue to grow? What is the impact of software maintenance on the IS development budget? 3. What are the most current figures on failure rates of IT and software development projects? • Have the figures gone up or down in the past 10 years? • Do the figures surprise you? • To what do you attribute these failure rates? Additional Requirements • Written communication: Written communication is free of errors that detract from the overall message. • APA formatting: Resources and citations are formatted according to APA (6th ed.) style and formatting. • Number of resources: Use a minimum of four resources. • Length of assessment: Four typed, double-spaced pages (excluding an optional cover page). • Font and font size: Times New Roman, 12 point. • Introduction and conclusion needed Applying IT Solution Applications Scoring Guide Criteria Describe the horizontal approach to IT portfolio management . Describe the vertical approach to IT portfolio management. Define the concept of foundation building as an IT portfolio management strategy. Discuss the concept of innovation as an IT portfolio management strategy. Proficient Distinguished Describes the horizontal approach to IT portfolio management. Evaluates the horizontal approach to IT portfolio management. Describes the vertical approach to IT portfolio management. Analyzes the vertical approach to IT portfolio management by breaking down each component. Defines the concept of foundation building as an IT portfolio management strategy. Interprets the concept of foundation building as an IT portfolio management strategy. Discusses the concept of innovation as an IT portfolio management strategy. Synthesizes the concept of innovation as an IT portfolio management strategy. Analyzes the concept of Explain the concept of automation Explains the concept of automation automation as an as an IT portfolio management as an IT portfolio management IT portfolio strategy. strategy. management strategy. Describe software development failure rates over the last decade. Describes software development failure rates over the last decade. Examine the pricing strategies for Examines pricing strategies for commercial off-the-shelf (COTS) commercial off-the-shelf (COTS) software maintenance. software maintenance. Analyzes software development failure rates over the last decade. Compares and contrasts pricing strategies for commercial offthe-shelf (COTS) software maintenance. Criteria Proficient Discuss future trends in IT process Discusses future trends in IT integration. process integration. Distinguished Analyzes future trends in IT process integration.
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Running head: IT SOLUTIONS APPLICATIONS

IT Solutions Applications
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IT SOLUTIONS APPLICATIONS

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IT Solutions Applications

Introduction
Businesses experience a lot of metamorphosis functionally and infrastructurally over
time. This phenomenon is made possible by the dynamics in market structures and trends, both
within and outside of the business. Consequently, the most dynamic aspect of the same becomes
the Information technology segment of the business, which segment speaks to both the hardware
and software components of the said infrastructure. However, technological trends change with
need and growth, and therefore the old technology would need to be merged and integrated with
the new set of technology. Further, in appreciation that the operations of the company ought to
remain in sync demands that
The concept of wholesome running of the company dictates that administrative functions
at different levels of the organization are synchronized to come up with one harmonious system
that addresses the functional mandate of the company (Fuqaha et al, 2015). This aspect brings to
light the interoperability of the administrative and production facets of the company with respect
to the applicable technology applications in contention. Further, due to expansion and growth of
the company, the management attempts to keep in touch with the various branches and
franchises of the company. The same is also enabled by the concept of integration.
Horizontal appr...