Thought Leaders: Technology Debt - A Growing Problem – BizWest
Forbes Magazine recently published an article that identified Technology Debt as a significant and real challenge for all businesses. Technology Debt is a concept used to highlight the cost of addressing all technology modernization gaps in a business. This concept becomes a more of a reality as businesses seek to drive business valuation and/or seek private equity funding or acquisition but has tangible impact regardless. According to a study conducted by McKinsey, IT budgets are not keeping pace with the growing IT demands, security threats and compliance requirements which are being presse...
Source: bizwest.com