What role does compliance play in APM?

Compliance plays a critical role in Application Portfolio Management (APM) by ensuring that applications adhere to legal and regulatory standards. This aspect of compliance is essential because businesses must operate within the boundaries of laws and regulations that govern data security, user privacy, industry-specific practices, and more.

By ensuring that applications align with these standards, organizations can mitigate risks associated with non-compliance, which can include significant financial penalties, reputational damage, and operational disruptions. APM practices facilitate the evaluation and monitoring of applications against these compliance requirements, ultimately leading to improved governance and reduced risks.

This focus on maintaining compliance not only protects the organization but also enhances stakeholder trust, as clients and customers are increasingly aware of data protection issues and the importance of reputable business practices.