Reduce technical debt with cloud-native solutions

With inflation and recession looming large, business leaders are facing the unique challenge of technical debt.

As observed by Chris Gardner VP, Research Director at Forrester , "Unlike the response to the pandemic, which demanded huge investments in the technology underpinning new delivery models, digital experiences, and work from anywhere, the response to the current economic headwinds will necessitate optimization and rationalization while maintaining resilient, modern environments, all without undercutting the organization’s future fit tech strategy."

In this scenario, businesses still need technology without the lock-in and debt that comes with it. While businesses need to experiment and upgrade, the load of tech debt is something that doesn't work in their favor , especially in these times. Hence cloud-native computing.

The cloud enables organizations to reduce infrastructural debt by eliminating the burden of maintenance and updates. It empowers businesses to focus on innovation and new solutions. With a "pay-as-you-go" schema, it reduces time to market, and also gives companies access to "prepacked" components that they can use from the get-go.

Eventually, no development time and effort = no technical debt.

As discovered by many organizations, technical debt can also thwart an organization's ability to innovate and provide customers with better products and services. A few other examples of the impact of technical debt on business performance include:

• Reduced ability to leverage data as information to make better business decisions and enhance operations and services
• Service loss due to untimely outages
• Decreased ability to adapt to market trends and opportunities
• Decreased productivity caused by resources being occupied with operations and maintenance, rather than innovation and development

Here is an interesting read on how you can reduce technical debt with SaaS solutions (blog by Fredric Cruz )

The beauty of using SaaS for your digital commerce needs is that you don't need the tech expertise to build complex software for your needs. Neither do you need large capital investment for the infrastructure and skill required to build this software. You get a ready-made product (at a fraction of the cost) that you can run on the cloud and accelerate your digital journey.

Beat the recession and bring in cost prudency to drive efficiency and create new possibilities for business, your end customers, vendor partners, and make the entire ecosystem future-ready. Don't pause, work smart and build for the future.