Application management refers to the process of overseeing and maintaining software applications within an organization. This includes tasks such as installation, configuration, monitoring, and updating applications to ensure they function effectively and meet user needs. Proper application management helps improve performance, security, and user satisfaction. Additionally, application management involves troubleshooting issues and providing support to users. It may also include managing application lifecycles, from initial development to retirement. By effectively managing applications, organizations can optimize their resources and enhance productivity, ultimately contributing to their overall success.