Similar to the Asset Lifecycle, Servicewise is aiming to create an integrated approach to Applications Lifecycle. This can be achieved by modelling the ALM lifecycle processes and by integrating multiple tools throughout various business areas. ALM is the first step to ensure IT is delivering the expected value to the business. Governance, Development, Testing and Maintenance are the most important phases in the ALM lifecycle as they ensure the business requirements are delivered by IT in a timely and cost effective manner. ALM also stands at the foundation of DevOps.