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All issuesVolume 322, Issue 1IT NewsCxO

CIOs Must Tackle The Global Tech Debt Crisis

CIODIVE, Friday, January 3rd, 2025

Enterprises struggle to manage tech debt after years of deferring critical upgrades. AI adoption efforts are only making things worse.

It's not just global economies that have amassed a staggering amount of debt in recent years. Enterprise technology departments of the world's largest corporations have rapidly accumulated debt of a different kind.

Technical debt is the result of decades of shortcuts, software patches and deferred maintenance to enterprise technology infrastructure that takes place when companies prioritize speed-to-market over rigorous, carefully choreographed infrastructure development.

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