Technical debt is the cost, in terms of money and effort, required for a company to keep its IT systems up-to-date and capable of meeting business needs. This Accenture report stresses that the balancing — not elimination — of tech debt is key to reinventing with a modern digital core.
Key takeaways include:
67 percent of leaders recognise technical debt as a significant barrier to innovation
Investing in cloud optimisation and AI technologies is central to accelerating transformation
Companies prioritising integrated tech ecosystems experience faster, more impactful ROI on digital investments
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