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Study finds that technical debt and skills shortages threaten to stifle innovation
T echnology leaders still have work to do when it comes to balancing their ambitious innovation strategies with organisational priorities and a host of business challenges , according to a new Protiviti survey of more than 1,000 CIOs , CTOs , CISOs and other senior technology executives around the globe .
As technology leaders navigate the hype cycles of emerging technologies – like Web3 and the Metaverse – they are
It ’ s easy to fall into the trap of innovating for the sake of innovation .
also contending with obstacles such as technical debt , a shortage of talent and skills and a turbulent global economic environment , which is prompting companies to examine their broader innovation strategies along with their spending on new technologies .
While the Protiviti study , entitled , Global Technology Executive Survey : The Innovation Vs . Technical Debt Tug of War , found that most ( 79 %) organisations reported having defined innovation goals , only 54 % of organisations responded that they have a
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