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Technical debt is an anchor, dragging down business leaders’ efforts to run a tight ship. The accumulated costs and effort from IT development shortcuts, outdated applications, and aging infrastructure sap a company’s ability to innovate, compete, and grow.
A degree of technical debt is inevitable. To remain agile, businesses often choose to deploy new technologies as quickly as possible, knowing that they may have to pay to fix their systems later. Addressing this trade-off is becoming more critical as companies adopt artificial intelligence. With over $2.41 trillion in annual costs in the United States alone, tech debt…