Best Practice Report

Establish Technology Lifecycle Management To Control Technical Debt

Speed Up Innovation And Reduce Spend And Risk With This Key Process

May 12th, 2023
Alvin Nguyen, Senior Analyst
Alvin Nguyen Senior Analyst
Charles Betz, VP, Research Director
Charles Betz VP, Research Director
With contributors:
Stephanie Balaouras , Stéphane Vanrechem , Lee Sustar , Tracy Woo , Gordon Barnett , Sandy Carielli , Janet Worthington , Sam Higgins , Bobby Cameron , Kate Vella

Summary

Adopting new, innovative technology into an organization can provide great benefits. However, large organizations may have technology portfolios with hundreds of vendors and thousands of products, both on-premises and in the cloud. Sprawl, security vulnerabilities, and many other forms of technical debt can result. Organizations have long sought to manage this portfolio with a technology lifecycle management (TLM) process. This process remains critical even in the new digital world of agile, DevOps, and product-centric practices. This report is a guide to establishing an effective TLM process.

Want to read the full report?

Contact us to become a client

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.