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Tag: technical debt

Technical Debt

Buried in Technical Debt

Most business leaders understand financial debt; borrow money today, pay interest tomorrow. Technical debt works much the same way. Every time leadership delays a software update, postpones a modernization initiative, extends the life of a legacy application by opting for a quick fix over a long-term solution, the business takes on technical debt. Sometimes that decision is necessary, budgets are limited, priorities shift, and businesses need to keep moving. The problem is, technical debt accumulates interest, and right now, the interest rate has never been higher and thanks to AI...

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