Huge Tech Debt Stifles Innovation At Indian Enterprises

In Forrester’s Software 2 Survey, 2022, 21% of Indian software decision-makers noted that technical debt slows innovation and is one of the biggest challenges their firms face when executing software strategy. It was also among the most commonly selected challenges and higher than the global average of 17%. Tech debt reduces resource availability for new implementations, leading to redundant work, incompatible applications, slower processes, and bad user experiences. Tech executives should take the first step toward managing tech debt by scoring their applications. This data snapshot highlights the biggest challenges that Indian companies face in executing their software strategy.