
This Halloween, while ghosts and zombies are knocking on doors across the world asking for candy and treats, a very real monster is knocking on the doors of organizations of all sizes: tech debt. And this monster can be a scary one.
According to some estimates, tech debt, or the costs incurred when having to constantly fix aging or clunky software systems, has ballooned to more than $1.52 trillion in the U.S. alone. With technology like agentic AI being heavily embedded on top of companies’ aging technology systems and operations, this rising cost of tech debt makes sense.