Love this from Gartner. "Gartner Estimates Global 'IT Debt' to Be $500 Billion This Year, with Potential to Grow to $1 Trillion by 2015
are many good reasons to NOT upgrade/modernize many applications, and I
believe Gartner is out of line using words like 'debt' which have guilt
associated with them,"
"Guilt"? That's a problem? Why are we pandering to an organization's (i.e., CIO's) emotional response?
not sure that using a word like "debt" is a problem. Indeed, I think
they should ramp up the threat level on this and add words like
"short-sighted" and "daft" and perhaps even "idiotic".
who doesn't believe (or doesn't understand) technical debt needs only
to review the Y2K plans and budgets. A bad technology decision lead to a
mountain of rework. Yes, it was all successful, but it made IT
budgeting difficult for years afterwords.
rest of the organization was grumpy about having their projects were
stalled until after Y2K. IT created it's own problems by letting the
technology debt accumulate to a level where it was "fix or face an
unacceptable risk of not being able to stay in business."
How many other latent Y2K-like problems are companies ignoring?