IT transformation is driven by digital engagement with customers, employees, and partners. IT departments face challenges around complexity from working in silos, poor data integration, and redundancy. This leads to failed projects and lack of business confidence in IT. Portfolio management can help by providing transparency across applications, technologies, and projects to optimize budgets and align IT with business strategies through roadmaps and governance. An integrated portfolio practice involving business can help communicate priorities, prioritize investments, and deliver business value through successful transformation.