The Geek Debt Crisis
While Europe finance ministers deal with national debt crisis, CIO’s and CFO’s are ignoring their organisational geek debt crisis. Measure your organization’s geek debt by the degree to which existing systems, operations, and capabilities limit future potential. We often think and call our existing systems in more noble terms – legacy. But in reality it is, as Gartner’s Andy Kyte describes it, an IT debt that Andy estimates at more than half a trillion dollars.