By John Manganiello


Photo 86583538 | Technology Debt © Paulus Rusyanto | Dreamstime.com

Below Mckinsey’s article touches on common themes we see in the market. “While many companies understand the importance of technology in meeting their strategic goals, the silent killer of technology modernization efforts—technical debt—often stands in their way.”  Here are some themes that resonate from the article:

🔷 Overly complex tech stacks
🔷 Point solutions to address a specific need but do not align with a long-term technology strategy
🔷 Lack of concrete budgets and vision
🔷 Governance – the C suite and IT executives need to be aligned regarding technology spending and impact

https://www.mckinsey.com/capabilities/mckinsey-digital/our-insights/breaking-technical-debts-vicious-cycle-to-modernize-your-business