Technical debt (tech debt) is a significant concern for global businesses across various industry verticals. It’s the label for the end-product of development teams working at speed in software to hit delivery timelines – bugs, legacy or misplaced code, erroneous documentation, and more.
Tech debt is significant because it acts as a barrier to progress against increasingly important business transformation objectives. Fundamentally, this limits a business's ability to scale, operate at speed, and respond to evolving market demands.
