Tech debt is a term that refers to the consequences of prioritizing speed of delivery over optimal architecture when implementing new technology solutions. It arises when engineers choose the fast and easy route rather than the best and most efficient approach. This can lead to the accumulation of inefficiencies, higher costs, and frustrations for the organization.
The pandemic has accelerated the need for digital transformation, and many organizations have found themselves forced to rapidly adopt new technology solutions to keep up with the changing landscape. Unfortunately, in the haste to implement these new solutions, some companies have overlooked the importance of proper architecture, leading to tech debt.
According to an IDC report, tech debt accumulated during the pandemic will affect 50% of CIOs through 2023. This means that organizations with high tech debt will continue to struggle with inefficiencies and higher cloud costs in the coming years, ultimately affecting their bottom line.
One common issue that has emerged during the pandemic is cloud bills blowing out as a result of hasty migrations. This can occur when companies rapidly move their infrastructure to the cloud without proper planning and architecture. As a result, they end up consuming more resources than they actually need, leading to higher costs.
To address this issue, it is crucial for organizations to work with the right IT partner that can monitor and address the immediate consumption issues while creating a well-architected framework to ensure that longer-term, their systems and people are working in sync and only consuming the resources they need.
In conclusion, businesses need to be brave and make the call about addressing systems that are not future-proof now and fix the foundations before they accumulate further tech debt. It is crucial for organizations to prioritize proper architecture to avoid the consequences of tech debt, ultimately improving efficiency, reducing costs, and staying competitive in an ever-changing technological landscape.
Are you experiencing higher than anticipated Microsoft licenses and Azure usage bills in your organization?
You may benefit from our Cloud Optimization workshop.
Reach out to Devya to know more and schedule a free session.