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Application portfolio refers to an organization’s collection of software applications and software-based services, which it uses to attain its goals or objectives. Managing these resources is often referred to as application portfolio management (APM).
An enterprise's application portfolio may be a significant determinant of its profitability. The enterprise personnel’s level of familiarity and expertise with the applications as well as the creation of new technologies (or the obsolescence of present ones) can all contribute to or detract from an enterprise’s bottom line.