In today’s fast-paced technology world, CIOs are faced with the challenge of transforming their IT organization to be more agile and flexible while aligning IT with the business directions of the enterprise. This process begins by understanding current IT from an infrastructure and application portfolio perspectives. It is often an overwhelming task when IT still supports legacy architectures like Mainframe and must embrace new technologies such as cloud computing and mobile technology. Delivering competitive products and service in order to stay ahead of the competition is one of many drivers for transforming IT. Where do you start? This is why an Application Portfolio Assessment (APA) is required.