Application Management (Application Management System, Service level Management System, Event Management System. Associated with Application Availability, Software Applications Management, Software Management, Software Application Management, Application Lifecycle Management, Software Distribution, Application Configuration Management, System Design, Software Development, Requirements Management, System Development Cycle management, Configuration Management.) - Software that manages the operation and performance of an entity's network-centered applications such as video on demand, e-mail and often other client/server programs. It's function is to make sure these applications are operating optimally. It typically deals with an organization’s electronic applications and IT-systems but might monitor other, even all, the organization's applications.

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Application Lifecycle Management - The administration and control of an application from its conception to its termination.

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