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Tag: software analysis

Time to Get Smart about Technical Debt

With every passing day the world’s technical debt continues to expand.  Industry research shows the average business application carries as much as $2 million in Technical Debt.  Analysts at Gartner estimate industry IT debt at $500 billion---and on target to reach $1 trillion by 2015.   What’s interesting about Technical Debt is every ADM team knows they have some, but how much and how critical the debt is typically remains a mystery.  Most financial debt obligations are easy to calculate and definitively known at any given time.  Of course both Financial and Technical Debt both become frightening when they are aggregated, just take a look at a national debt clock if you don’t agree.