The hard work of addressing technical debt is worth it.
Technical debt is the work of updating and replacing aging software and systems over time.
Here's a list of reasons why you shouldn't wait to tackle your debt:
- Security risks of unsupported software
- Debt slows innovation
- Older hardware is less power efficient
- End of support fees for patches
- Missing out on features on newer hardware and software
- Giving your team experience on newer systems helps with retention
- Maintenance costs on older hardware increase
- Replacement parts for older hardware are harder to get for critical systems
- Software support expertise is harder to find for old software (AS-400 and mainframes for instance)
- Reliance on old custom software with no proper owners to support them
- Delaying renewal costs just mounts up and makes catch up even harder
What's your excuse for not addressing your technical debt?
When you wait, innovating becomes that much harder, and it'll hit your bottom line sooner or later. Like financial debt, it compounds over time, and it may well become a financial burden.
Don't wait!
Security and Technology Executive Advisor | Systems Integration & Architecture | Federal Contracting Technical Implementation
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