Assess Risks & Opportunities

Assess the risks associated with each application, such as security vulnerabilities, compliance issues, and critical dependencies. Identify opportunities for improvement, such as upgrading or replacing legacy applications, implementing new technologies, or adopting cloud-based solutions.

APM risks are valuable for identifying threats, vulnerabilities and challenges associated with an organisation’s application portfolio. Assessing and managing risks becomes integral to APM, as organisations can make informed decisions on their application portfolio to ensure security and compliance.

In QualiWare, we can see the impact of application risk. Here, it is possible to realise the risks related to applications.

Other factors of application risks include:

  • Security vulnerabilities
    • Provides the necessary concerns of potential application vulnerabilities that data breaches could exploit.
  • Compliance issues
    • QualiWare makes it possible to see different views in terms of compliance. This is relevant in an increasingly regulated world and regulated industries.

For example, it is possible to do Sensitive Data views of GDPR.

  • What applications are using which data entities? These might contain Restricted Data and might also be handling Sensitive Personal Data. This is possible to access and realise in QualiWare quickly.
  • Integration challenges
    • Integrations views in QualiWare let us see how the toolset uses data.
      • For certain parts of the software, this is important as we can see the systems; they are integrations to and from. Identifying and mitigating risks associated with application dependencies and potential points of failure enhances the overall stability of the IT environment.
    • Outdated technology and unsupported components
      • QualiWare provides an easy-to-view assessment of the lifecycles of vendors and contracts. Dependencies on outdated technology or unsupported components can create security, performance, and scalability risks.

In short, assessing application risks in APM is essential for maintaining a secure, compliant, and efficient portfolio. It helps organisations proactively address potential challenges, enhance the overall resilience of their IT environment, and make strategic decisions aligned with business objectives.