This IDC PeerScape reflects the knowledge and wisdom of three CIOs who are exposing and addressing their technical debt but are situated at very different levels of infrastructure modernization and the demand for future IT competitive capabilities. Their avoidance of future unwanted technical debt is focused on managing the long-term product life cycle of key IT capabilities with decisions that balance IT speed, quality, and value against technical debt.
Best practices are elaborated around the following themes:
- Position technical debt as a strategic priority.
- Integrate technical debt planning into modernization programs.
- Manage IT products and capabilities life cycle by balancing speed, quality, and value against technical debt.
"Technical debt is very real and can drag down an entire IT ecosystem. It's essential for the CIO to demonstrate to senior management how the remediation of technical debt is essential to the achievement of high-priority business outcomes," says Robert Multhaup, adjunct research analyst, IDC's IT Executive Programs (IEP).