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Are Technical Debt and IT Pressures Slowing your Growth?

Are Technical Debt and IT Pressures and Slowing your Growth_

Creating and solidifying a successful IT infrastructure is critical for long-term business growth and success. The problem is transformation can be both expensive and time-intensive. If your company lacks the time, money, and expertise needed to grow and expand it’s IT function, your organization may be suffering in more ways than one. 

Allowing your competitors to have a technological advantage over you can result in a substantial loss of profitability and business growth. Digital transformation requires a close evaluation of infrastructure, systems, networks, applications, and workflow processes. 

The journey to hybrid cloud can help reduce technical debt and allow for expedited business growth.

Are you heading into technical bankruptcy?

Technical debt is inevitable as a critical component of healthy business models. American software developer Ward Cunningham first coined a metaphor regarding technical debt in 1992 stating, “Shipping first-time code is like going into debt. A little debt speeds development so long as it is paid back promptly with a rewrite. Objects make the cost of this transaction tolerable. The danger occurs when the debt is not repaid. Every minute spent on not-quite-right code counts as interest on that debt. Entire engineering organizations can be brought to a stand-still under the debt load of an unconsolidated implementation, object-oriented or otherwise.”

Too much technical debt is unhealthy as it can drive your organization into technical bankruptcy and spirals into something difficult to manage, ultimately inhibiting progress. Technical business models must consider innovation, increased capabilities, and financial growth by investing in the right IT infrastructure resources.

Many IT teams are inundated with tedious daily tasks and may rush to fix existing legacy systems. Attempting to fix pre-existing technical issues can drag on resources as you attempt to patch old problems with new solutions. Your competitors may be taking the proactive approach towards driving innovation so why aren’t you? Businesses should focus on transforming their digital capabilities to keep pace with competitors without being restricted by legacy infrastructures.

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Are back end failures leading to front-end frustration?

Consumers are becoming increasingly more tech-savvy than ever before. Businesses with slow and cumbersome processes may be unknowingly driving customers away. As a result, customers may turn to the most convenient, most secure, and most user-friendly platform available. Businesses should focus on adapting and innovating over time to build brand awareness and loyalty successfully.

Transforming from legacy systems to streamlined architectures in hybrid clouds can take time and effort. Clearing out old data and underutilized software is necessary for retiring legacy applications. Rebuilding your infrastructure can be a long and arduous process but the results can lead to better organizational practices and clearer priorities.

Spending the time and resources now can help your company implement positive changes needed to flourish and grow.

How to Build and Grow IT Infrastructures

Over 90% of businesses may be held back by complicated legacy infrastructures. To achieve maximum growth, companies must do everything in their power to modernize systems moving forward.

Communication between executives and key IT partners is needed to develop a strong, agile, and capable infrastructure in the hybrid cloud. Wasting time on firefighting and infighting can lead to delays, lost revenue, and missed opportunities. Businesses must establish trust between teams to develop forward-thinking and smart technical investing strategies in the competitive marketplace.

Investing in IT infrastructures can help to modernize legacy infrastructures by transitioning to hybrid cloud models. This can help open up new opportunities while providing the freedom to move forward instead of being burdened by technical debt.

TBConsulting specializes in IT service management solutions needed to eliminate routine and repetitive processes. Disparate and immature processes can create inconsistent service experiences. That’s where TBC can help.

TBConsulting’s team of experts can monitor IT environments to ensure compatibility by optimizing and improving performance. If you’d like to learn more about how TBC can monitor your environment 24/7/365, request a free 30 minute consult.

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