Engineers Spend 33% of Their Time Dealing with Technical Debtby@alexomeyer
625 reads
625 reads

Engineers Spend 33% of Their Time Dealing with Technical Debt

by Alex Omeyer2mNovember 27th, 2020
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Engineers Spend 33% of Their Time Dealing with Technical Debt. Engineering time, morale, and the missed revenue from software delays are more important than others. Maintenance of legacy systems and technical debt is the number one cause for productivity loss. For a 50-person engineering team, that 33% is $1.65M/year. Technical debt alone has a $3 trillion impact on global GDP. By 2023, I&O leaders who actively manage and reduce technical debt will achieve at least 50% faster service delivery times.

Company Mentioned

Mention Thumbnail
featured image - Engineers Spend 33% of Their Time Dealing with Technical Debt
Alex Omeyer HackerNoon profile picture
Alex Omeyer

Alex Omeyer

@alexomeyer

Co-founder & CEO at stepsize.com, creating the AI companion for software projects

About @alexomeyer
LEARN MORE ABOUT @ALEXOMEYER'S
EXPERTISE AND PLACE ON THE INTERNET.

Share Your Thoughts

About Author

Alex Omeyer HackerNoon profile picture
Alex Omeyer@alexomeyer
Co-founder & CEO at stepsize.com, creating the AI companion for software projects

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!