If you've ever waited for an IT department to deliver new features for your business application only to find a product riddled with bugs, you know what technical debt is. Technical debt is like consumer debt. Too much and you're inflexible.
You can't take your dream vacation, or buy a new car or even afford tuition at the community college. You're unable to enjoy life's new features.
Alan Shalloway, CEO of Net Objectives, explains why technical debt limits software's new features. He uses the metaphor of a pipeline to show that when technical debt increases, the interest penalty is fewer and fewer new features.
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