The Importance of SMBs

The importance of small and mid-sized business (SMBs) has never been greater. SMBs keep the American melting pot bubbling away, nourishing hopes, dreams and a healthy economy. Unfortunately, technical debt can threaten their long-term viability and business objectives, potentially threatening their survival.

Understanding Technical Debt

A well-known term in the IT world, technical debt historically accrues when long-term scalability and performance is sacrificed for a short-term goal, such as speed to launch. The rapid evolution of technology and the particular IT challenges of SMBs requires an evolution of the term "technical debt."

As defined by author Michael C. Fillios, Tech Debt 2.0TM debt now affects the entire business, including attracting talent, mergers and acquisitions, competition in the marketplace, cyber security, and more. Carrying too much, or mismanaging it, can spell serious consequences, or even tech bankruptcy.

About the Book

Tech Debt 2.0TM: How to Future Proof Your Small Business and Improve Your Tech Bottom Line helps SMBs understand and manage their technical debt. In Tech Debt 2.0TM, Fillios downloads his more than 25 years of business, finance and IT leadership experience into invaluable insights and "key tech-aways," that will help SMBs to:

• Diagnose and measure your tech debt 2.0 score
• Improve your tech bottom line
• Reduce your risk of tech bankruptcy
• Future proof your business

Final Thoughts

Treating technology investment as a necessary evil and passively managing your technical debt is a sure-fire way for SMBs to threaten their existence. Don’t miss out on the opportunity to leverage these essential tools and start creating tech equity for your SMB to survive and thrive in the new tech landscape!