Some overlapping with causes of TechDebt is next slide
Techdebt is a measure of the cost of reworking a solution, and it's caused by choosing an easy, yet limited solution. As organizations strive to expedite time-to-market and empower business users and analysts to create business apps, controlling technical debt naturally becomes a top concern.Tech debt is growing at an accelerating rate, and right now, it’s costing US businesses $6,000 a second (source: CISQ Report “The Cost of Poor Software Quality in the US: A 2020 Report). Tech debt is not just legacy cost, it’s opportunity cost. It robs you of resources, time, energy and the ability to innovate, adapt and grow.
Causes of Technical Debt
●Time Pressure:Development teams often release applications that aren't full-featured or that don’t have key capabilities because of pressure to deliver on an accelerated timeline. A few teams even shortchange performance and quality to get to market quicker.
●Constant Change:Even full-featured applications completed on time may arrive in the marketplace already out of date. Ever-increasing customer expectations, the rise of new market opportunities andthreats as well as developer turnover creates ongoing challenges for IT leaders.
●Outdated Technology:Developing modern applications typically involves a number of different coding languages, developer frameworks and libraries, which can become outdated or not supported each year. What you choose today could be outmoded tomorrow.
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