This Business News Story Was Uncovered By Us From: https://www.youngupstarts.com/2020/10/06/interview-michael-c-fillios-author-of-tech-debt-2-0-how-to-future-proof-your-small-business-and-improve-your-tech-bottom-line/
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To stay competitive in our digital world, small and medium-sized businesses need to be equipped with and proficient in the latest technologies. Yet, unlike large companies, most SMBs lack the resources to staff an IT department. Along with lack of oversight, outdated software or hardware, inadequate cybersecurity, or one bad tech investment could seal the demise of a small enterprise.
In his new book, “Tech Debt 2.0
: How to Future Proof Your Small Business and Improve Your Tech Bottom Line”, senior global business and technology executive Michael C. Fillios offers expert insights and practical strategies to help small business leaders managing evolving technology to their advantage and avoid racking up debt that could put their company in peril.
Fillios recent sat down with Young Upstarts to share his insights about the role of technology-related debt to the future viability of small and medium-sized businesses.
Here is some of our conversation:
Most of us are familiar with the term technical debt. What exactly do you mean by “Tech Debt 2.0”?
In the software industry, the term “technical debt,” also known as design debt or code debt, is widely used as a catchall to cover everything from bugs to legacy code to missing documentation. That definition is nearly 30 years old, and hadn’t evolved with the pace of technology changes, from mainframe computers to the Internet to the cloud, and much more.
In “Tech Debt 2.0”, we offer an expanded definition that … Read More
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