You might have heard the term Technology Debt buzzing around, and thought to yourself, well what is that, and maybe even thought, that’s not good. But what exactly is Technology debt? Technology debt is defined as a software problem that may lead to hidden costs, substantial technology failures in the future, or eroding productivity that may not be evident until it is very costly to fix. Like with most things, there are good and bad with technology debt, but regardless of that, it does have an impact on your business.

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