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Code Debt, 3rd-party software, & Cybercrime?

The CISQ report 2022 report talks about how poor software quality in the US has grown over $2.4 trillion. The three biggest contributors to this include:

  • Growing impact of Technical Debt as the biggest obstacle to making changes to existing code bases
  • Cybercrime losses due to existing software vulnerabilities
  • Software supply chain problems from 3rd party components (especially Open Source Software)

Did you consider the exponential equation? Every engineer you hire spends around 23% of their time working on that old code. Every four engineers spend the same amount of time on old code and now you need to get a fifth engineer to make up for the lost time.

Man Working

Sometimes it's not even work to migrate, update, or upgrade. Sometimes, the time is just to understand what the old code is doing. How different is that Java 1 API compared to Java 8? How different is that Java 8 to Java 11 or 17? Is the API even there anymore?

Research indicates that your coders are spending upwards of 50% of their time on code maintenance. Refactoring, debugging, rewriting functionality, fixing technical debt, it all adds up to a growing problem.

Technical Debt Graph

The bigger they are the harder they fall. The larger a team gets the more complex the problems and the more time they spend on code maintenance.

Technical Debt Graph

How do you know if this service is for you and your company?

Ask yourself these questions:

  • Does your company reserve a budget to address Code Debt?
  • Do you want to improve your company's profit margin?
  • Do you want to spend less time on maintaining the old and more time working on the new?
  • Do you want your bosses to take more notice of you?
  • Do you worry about security vulnerabilities?

If you answered Yes to any of those questions then you should either sign up now or contact us now to find out how you can start using the Codex!