What Is Technical Debt? Understanding Its Impact on Software Development, Costs & Innovation

Technical debt—often invisible but deeply impactful—can cripple software development over time. Learn how small compromises like unoptimized scripts and rushed solutions accumulate into major issues. Discover the four components of technical debt: principal costs of outdated systems, ongoing interest through maintenance overhead, liabilities from legacy constraints, and lost opportunities due to missed innovations. This deep dive explains how technical debt slows agility, inflates costs, and hinders digital transformation in fast-paced environments.Interested in hearing more about overcoming technical debt? View the full webinar here: https://snowplow.io/events/migration-to-the-snowflake-ai-data-cloud-navigating-legacy-systems-and-technical-debt