Posted on March 22, 2023 by Andrew (Sal) Salazar .
The Hidden Cost of Development or Technical Debt – Spotting And Stopping It
Technical debt is an often hidden cost a company incurs when a data department is forced to take shortcuts in a project or software development. It is the result of developers’ decisions to prioritize speed over long-term efficiency and stability and not having adequate resources to ensure overall quality. These decisions lead to the accumulation of errors, making the system harder to maintain and scale over time. Technical debt often accumulates unnoticed, as companies focus on delivering products quickly rather than addressing the underlying issues.
How to know if you are accumulating technical debt. What you should look out for:
- Delayed project timelines: Technical debt can cause projects to take longer to complete, as developers have to spend more time fixing issues with patches and one-off solutions as they continue to build on it or use it for a longer period of time.
- Decreased quality: Technical debt can lead to low-quality products, making it harder to maintain and scale the system over time.
- High maintenance costs: Technical debt can become more expensive to maintain over time, as developers have to spend more time fixing bugs and maintaining the project.
Avoiding it altogether is the smartest solution however, it is often not noticed until it is a huge impediment to continued progress. One way to avoid it from the beginning is to use an outside firm like Colaberry to help with maturity assessments that evaluate the maturity of your data landscape and provide recommendations for improvements and prioritization. Using an outside company helps ensure you receive unbiased feedback and evaluations as they are not invested in any particular product or solution which is a possibility with internal evaluations.
These services provide businesses with the necessary expertise, tools, and infrastructure to be able to analyze the data and develop solutions that improve efficiency, stability, and scalability. By using managed data services, your businesses can focus on delivering features quickly while also ensuring that your systems remain efficient and stable over time.
Another solution to avoiding technical debt is to ensure you have an adequate amount of analysts who are skilled in the latest tech stacks to identify areas of technical debt and develop solutions that improve efficiency, stability, and scalability. When you choose Colaberry as a partner you get data talents who are skilled in using the latest technology such as AI & Chat GPT to ensure they can meet your product’s technical demands on time and on budget.
Technical debt can have significant consequences on your overall system’s health and competitiveness. By using managed data services to oversee your data department or hiring additional data analytics talent from Colaberry, you can prevent technical debt from accumulating in the first place.
Colaberry has a team of experienced data analytics professionals who can analyze complex systems and develop solutions that improve efficiency, stability, and scalability. Don’t let technical debt hold your business back; contact Colaberry today to discuss a complimentary maturity assessment or what specific types of talents you need to get the job done. Colaberry is your source for simple data science talent solutions.
Andrew “Sal” Salazar
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