Wall Street Journal highlights real-world implications of technical debt

NEW YORK and PARIS, March 05, 2024 (GLOBE NEWSWIRE) — Last week, CAST Chief Scientist Bill Curtis sat down with The Wall Street Journal for an in-depth discussion of the real-world effects of vastly accumulating technical debt in the custom-built software underpinning the most critical business processes for its recent feature, “The Invisible $1.52 Trillion Problem: Clunky Old Software.”

The discussion highlighted how these critical systems are built over time, with increasing complexity, and never perfectly documented. The result is, “an accumulation of quick fixes and outdated systems never intended for their current use, all of which are badly in need of updating.”

Compounding the problem is that typically after five to eight years, all the original developers move on to other projects. This drives the acute need for use of software intelligence technologies to extract that knowledge for the teams maintaining and modernizing the applications, so that they can innovate faster and deliver safer, more resilient, and more efficient software.

The full Wall Street Journal article capturing the discussion is available here.

About CAST
CAST, the software intelligence leader, provides technology that automatically understands how custom-built applications work and provides insights into their inner structures. It augments the human capacity to help application owners modernize and continuously enhance their software.


Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. TheTechOutlook.com takes no editorial responsibility for the same.

Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

function init() { var vidDefer = document.getElementsByTagName('iframe'); for (var i=0; i