Accumulating Technical DebtCan Affect Your Company

Tech debt is bound to happen when you design a code and this silent killer is also bound to accumulate and strangulate your company slowly, but surely. Few companies take deliberate tech debts thinking it to be good for the business but others try to ignore. This ignorance is even more dangerous for the company as just like any other financial debt, tech debt also needs to be repaid on time to avoid the accumulation of interest. Otherwise, time will come when the code will be full of bugs, and you will not know where to start from to refactor it and make it usable once again.

Reasons Of Tech Debt

The reasons for tech debt existence may be varied, but whatever it is, you should identify it at the earliest so that you can implement the best step to get all the bugs fixed and enjoy the profit of a fully functional code base. You may have to choose a wrong stack sometimes to keep up with the constant pressure from the market as well as from the stakeholders. Such hasty decision may lead to the choice of wrong technology which you may not have the required time in the future to go back to rectify it. Such problems will manifest themselves in several ways in the future.

Problems With Functioning

Wrong and faulty codebase will not only have problems in functioning, but it will also affect in its extensibility, scalability, convoluted schema, long enhancement in cycle times, production outages and much more. Tech debt, once started, does not fix all by itself and to worsen the situation, even more, it accrues interest as time goes on. Such interest accrual affects the productivity, performance, morale, quality, expenses and several other issues. To overcome it all, you along with your team will need to manage your code base regularly so that the quality of the deliverables is always high.

Not All Are Bad

Not all tech debts are bad and need to be remediated. There may be situations in which a little and manageable debt is good for the business. Such manageable tech debt enables fair competition among different teams, regular maintenance of the code and maximized profit from the code base. But for all this, it is necessary that you allocate specific time to the teams to identify, test and remediate a code base so that any future stagnation can be prevented.

Consequences Of It

When you do not allocate spare time for the development teams, then there will be no discussions about tech debt, its importance, and effects. You will also have no control over the codes once released, and often codes will come back after a short time at regular intervals. This will not only promote critical bugs in the code, but the teams will also lose focus on their job and will be happy to design codes with unfair and shortcut methods just to meet the deadlines. Therefore, just like you repay your financial debt with the best credit card consolidation loans, you should also take similar measures to manage tech debt.