Left unaddressed, technical debt bogs down systems crashes software, often causing many months of delay in product and service releases. Technical Debt could paralyse the future of your company, prevents business agility and competitiveness.
Technical Debt has become more evident in the last decade as the pace and horizon of change continues to expand. This debt is a backlog of work caused by not doing regular cleanup, maintenance, and standardization during product development to make future work easier.
To do it well, you need to stay on top of new technologies as well as a full understanding of your internal systems, your teams, as well as strategic initiatives and business goals.