Technical debt refers to the inefficiencies and waste that arise when IT resources no longer meet an organization’s needs. It can encompass everything from code and applications to physical hardware. Perhaps the IT asset no longer works well, has become inefficient, is using too much energy, is underutilized or doesn’t integrate with your newer IT resources. Technical debt can have a range of negative consequences for your business—affecting your costs, operational efficiency, employee morale and even your environmental impact. Some estimates suggest that engineers spend 33% of their time dealing with it. And 60% of CIOs surveyed by McKinsey felt…

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