Fireman’s Fund Insurance Co. (FFIC) is implementing alfabet Inc.’s planningIT. alfabet, a software provider in strategic IT planning and management, created planningIT as a solution to support business competitiveness by reducing the complexity of its IT environment, promising to reduce costs and increasing efficiency.
alfabet says planningIT will help FFIC plan and monitor the performance of IT support to ensure business strategy and demands are understood, prioritized and executed, adding that the costs, quality and risks to IT support are known and considered during decision-making.
planningIT was developed to help companies build sustainable, governed processes for continuous rationalization and optimization of application portfolios, progressing from short-term tactical rationalization to longer-term strategic planning.
FFIC says a 9% reduction in the number of its applications is anticipated, as is a similar reduction in the complexity of its application portfolio, by 2011. The company expects to achieve and sustain this by leveraging planningIT to manage and maintain a single, authoritative repository for application portfolio management; understand and report on its complete portfolio of applications; build application rationalization as a repeatable process; and support longer-term strategic planning for application retirement and optimization.
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