In today's fast-paced technological landscape, organizations often face the challenge of maintaining a balance between innovation and stability. As new technologies emerge, legacy systems and outdated software accumulate, leading to a phenomenon known as technical debt. Technical debt refers to the cost organizations incur when choosing to take shortcuts or compromise on quality during the development and maintenance of software and IT infrastructure. While technical debt can provide short-term benefits, it can have significant long-term consequences if not managed effectively. In this article, we will explore the imperative for Chief Information Officers (CIOs) to engage in discussions surrounding the potential impact of technical debt and outline strategies for mitigating its adverse effects.
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