5 Ways to Lower Technical Debt Through Modernization (Computers - Software)

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5 Ways to Lower Technical Debt Through Modernization


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Technical debt is like a shadow that looms over many businesses, slowing progress and hindering innovation. The debt accumulates when teams opt for workarounds or shortcuts in the product development process, leading to costly modifications and complexities in the future.

While the average organization loses 23-42% of its development time dealing with technical debt, CIOs across enterprises report 10-20% of their technical budget diverted to fixing technical debt issues.

Legacy modernization is a practical solution to this challenge.

Companies prioritizing IT infrastructure modernization efforts have seen a significant reduction in technical debt, leading to improved productivity and profitability. By updating systems and processes, businesses can reduce technical debt, streamline operations, and enhance agility.

So, how does modernization address the problem of technical debt?

In this blog, we will discuss five practical strategies you can adopt for legacy modernization to reduce technical debt and steer your company toward success. But first, let’s address the basics: Why do companies face technical debt?
continuess.... https://www.byteridge.com/how-to-guides/5-ways-to-lower-technical-debt-through-modernization/

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Last Update : May 20, 2024 10:17 AM
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Item  Owner  : Byteridge
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2024-11-22 (0.379 sec)