The Geek debt crisis

We have another global crisis on our hands. It revolves around how legacy IT systems are holding up innovation and are limiting future technological potential.

While Europe finance ministers deal with national debt crisis, CIO’s and CFO’s are ignoring their organisational geek debt crisis.  Measure your organisation’s geek debt by the degree to which existing systems, operations, and capabilities limit future potential.  We often think and call our existing systems in more noble terms – legacy.  But in reality it is, as Gartner’s Andy Kyte describes it, an IT debt  that Andy estimates at more than half a trillion dollars.

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