How quick fixes and old code in systems compound technical debt and raise hacking risks, requiring an estimated $1.52T to fix and costing the US $2.41T per year
Old code piles up and raises the risk of hacks and other breaches, even on new devices. Our compounding ‘technical debt’ X: @lessin and @humancell LinkedIn: Vincent Delaroche , Alan Balutis , Donald Kirschman , Ayal Steinberg , Vikas Marwaha , Don Klemack , Noel Hoxha , C.K Mandava , Andy Brown , and Suvabrata Sinha X: @lessin : Well... there you have it / sam altman has officially moved the overton window to the T word when quoting ridiculously large numbers in things [image] Scott C. Lemon / @humancell : Technical Debt is a critical issue with software companies. Poor architectures don't allow for easy updates to address this. Who is responsible for monitoring this at your company? | The Invisible $1.52 Trillion Problem: Clunky Old Software - WSJ https://www.wsj.com/... LinkedIn: Vincent Delaroche : An excellent article by Christopher Mims, Technology Editor at the Wall Street Journal.. “The more complicated the software machine becomes, the trickier it can be to get it to do new things. … Alan Balutis : As this article notes, the issue of an aging IT infrastructure, both hardware and software, — known as “technical debt” — is a challenge both for the private sector and for governments. … Donald Kirschman : Truer words were never spoken. I've always tried to lead our development teams to invest 5% on innovation, 20% on maintenance … Ayal Steinberg : WSJ 's The Invisible $1.52 Trillion Problem: Clunky Old Software lays out the problem. — IBM's Watson Code Assistant for Z is the solution. … Vikas Marwaha : Interesting POV on the comparison between Technical Debt and National Debt. It's not easy to wish away all that COBOL code hidden away in enterprises. … Don Klemack : It's time to address the elephant in the room. Technical debt is an anchor around the necks of enterprises that are trying to move fast and stay ahead of their competition. … Noel Hoxha : Throughout client conversations, it's great seeing business leaders realize this is not an IT problem but rather ‘our problem.’ Addressing tech debt … C.K Mandava : In the pulsating realm of IT organizations priority battles, it's not the funding for dazzling AI, or the the colossal Block Chain or Big Data … Andy Brown : If this is the year when you want to pay down some of your technical debt in COBOL then talk to CloudFrame Inc. Venkat Pillay and Roseann Palmieri. … Suvabrata Sinha : Is your company struggling with technical debt? According to a recent article in the Wall Street Journal, the cost of outdated software is a whopping $1.52 trillion. …