Talking about tech debt doesn’t excite executives and board members, but CIOs can tackle it by tying legacy makeovers to more transformative projects. Credit: Shutterstock / Ground Picture It’s among CIOs’ most persistent and underdiscussed challenges: embracing innovative technologies without losing sight of mounting — and potentially crippling — technical debt. Tech debt can take many forms — old applications, bloated code, and aging hardware among them — and while the issue often takes a back seat to innovation and new technology, it is on the minds of a lot of CIOs. Nearly four in 10 CIOs surveyed recently in a recent CIO Sentiment Survey by IDC said they expect to overspend on digital infrastructure over the next 18 months. And 47% percent of those who expect to overspend blamed excessive tech debt, including old apps. Despite this recognition, CIOs ranked AI and cybersecurity far ahead of eliminating tech debt on their lists of priorities, according to the survey. Tech debt is boring Company boards and CEOs are putting pressure on CIOs to find innovative uses for AI, and the need for better cybersecurity never goes way. Therefore, always-lurking tech debt gets put on the backburner, says Daniel Saroff, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
