Innovation faces challenges with escalating demand for custom software coupled with a shortage of technical talent. The traditional software development methods cannot keep up with digitisation’s relentless pace. This combination hampers growth and stifles innovation. To remain competitive, companies must prioritise a robust digital strategy. These obstacles are why it’s so difficult to keep up.
Legacy: Technical debt, including outdated systems requiring specialised skills. Seventy-one per cent of organisations are spending more time maintaining legacy apps than they are on innovation.
People: Legacy IT mindsets hamper agility, fostering a disconnect with business needs and escalating competition for development talent, raising staffing costs.
Time: Inefficient tech stacks cause developers to grapple with a backlog, leading to slow and outdated app development.
Cost: Legacy systems, technical debt, and specialised skills inflate costs, hinder scalability, and cause inefficiencies in app development.
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