BluePhoenix Solutions, a leader in enterprise IT modernization, announced BluePhoenix IT Discovery Version 2.1 which adds the functionality needed to address application portfolio managemen. IT Discovery now provides comprehensive visibility into the complexity of existing IT environments and enables organizations to turn raw IT data into strategic information, thus optimizing daily operations and IT related decision-making processes. Through this process, IT Discovery helps reduce the cost of maintaining IT systems and better planning of IT initiatives.

The new release of the IT Discovery product provides numerous benefits to large organizations embarking on new or legacy modification IT projects. Expenses can be reduced in a variety of ways, for example by eliminating unused third-party products, recognizing proper use of utilities, removing unused files, and identifying inefficient usage of the IT resources. The solution also assists in more efficient and cost effective management of modernization projects, outsourcing initiatives and planning for disaster recovery.

IT Discovery does this by consolidating a wide range of disparate information silos into a single flexible repository of application-independent data. Standard and internally developed scripts written in M-script, IT Discovery's unique scripting language for modernization, mine the system for information on the status of system components including programs, files, databases, job control, utilities, and other software entities that make up the IT environment, as well as their interrelations and interfaces. This process, which can be run on a periodic basis, normalizes complex development and operational information into a standard data model that can be easily accessed and queried. The product's reach can be easily extended into local information (such as HR data) and into the customer's more obscure IT systems.

According to Gartner research, "Gartner has long believed that enterprises must balance investments in their IT portfolios by taking an application portfolio approach... By 2005, enterprises that implement a disciplined application portfolio management strategy can reduce IT expenses by at least 20 percent and future application transformation costs by 30 percent (0.7 probability)." ("Application Portfolio Management for Investment/Efficiency," Dale Vecchio, July 2003.)

"By using the IT Discovery product combined with our mature Data Warehouse practice, we were able to achieve substantial savings by optimizing our IT environment, improving productivity, and increasing operational efficiencies," said Howard Goldberg, vice president at Merrill Lynch. "Considering our highly complex and diverse systems which are in a constant state of flux, the IT Discovery product did an excellent job of collecting all the information we needed in order to gain better control and visibility of our infrastructure."

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