Technical debt is no longer just a “technical” problem. As recent, widely publicized events have shown, it is a business problem that can have serious consequences for organizations. The government and Congress are taking notice of unfair consumer experiences, and it is crucial for businesses to address their technical debt and minimize the risk of negative press, government fines, and damaged reputations.
What is technical debt?
Technical debt can be defined as the accumulation of legacy systems and applications that are difficult to maintain and support, as well as poorly written or hastily implemented code that increases risk over time.