A recent survey by Savanta for Pegasystems indicates that technical debt, particularly in the form of outdated legacy systems, poses a significant barrier to enterprises attempting to modernize. Around 68% of companies reported that these systems prevent adoption of new technologies and hinder operational efficiency. Moreover, 44% of IT leaders acknowledged that maintenance costs are straining budgets. The issue is exacerbated by a trend of 'legacy dependency', where businesses cannot cease support for critical old applications, thus stalling efforts to innovate and adopt modern solutions.
The survey highlights how legacy systems hinder technological advancement, with 68% of businesses noting these outdated applications decrease operational efficiency.
The results show nearly half of enterprises struggle with impulsive support for aging critical applications, significantly stalling modernization efforts.
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