Technical debt impacts innovation by consuming around 40% of IT budgets, with 10-20% diverted from new product development. Nearly 70% of organizations recognize its significant effect on their capacity to innovate. Organizations can alleviate this burden by investing in Observability, transforming technical debt into a strength for growth and speed. Observability leads to faster debugging and incident resolution, allowing more focus on product development. A study indicates that 64% of organizations using Observability tools see substantial improvements in Mean Time To Resolution (MTTR).
Technical debt often arises from unobserved systems and quick fixes, consuming a disproportionate share of IT budgets, accounting for approximately 40% of IT department budgets.
Investing in Observability directly translates to faster debugging and accelerates product delivery by freeing up engineering time for roadmap priorities.
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