Technology debt is not only linked to hardware and software obsolescence, but leaves organizations "lagging" - unable to leverage automation and integration capabilities, lacking superior scalability and availability to be able to handle demand and offer near-zero business service disruption. To add to this, there is an inability to get insights from data in real-time, and increased vulnerability as cyber-attacks grow exponentially and data breaches are commonplace, particularly as systems remain out-of-date.
A pragmatic data management strategy using the latest database versions provides a clear path to quickly remove technology debt and facilitates Innovation.
Digitalization is accelerating due to the efficiency, agility and resilience it delivers. Within this context, many companies are now seeking to address "technology debt".
Technology debt is linked to IT obsolescence and low levels of automation, integration, scalability, availability, and security. It’s also difficult to gain insights from data in real time - and all are key factors in running a business effectively, especially with the growth in cyber-attacks, data breaches, and service disruptions.
Only modernizing and cloudifying with a long-term data management strategy in mind will remove the technology debt. A pure "like-for-like" upgrade to new software releases is no longer an option, as that approach will introduce new technology debt after a short period of time.
Watch the video nowHow moving to Oracle Database 19c can help you reduce operational risk and costs, improve productivity and business resilience, as well as providing better business insight. This on-demand session also features customers that have made the move and reaped the benefits.
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Watch this on-demand session to learn about Oracle converged database and how it can help your business be more data-driven and unlock new insights and possibilities; explore the art of the possible with us.
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Watch this on-demand session to find out how the Oracle Autonomous Database can help supercharge your digital transformation projects. We look into different use cases and how customers have leveraged the unique capabilities of Oracle Autonomous Database to achieve unmatched benefits for their organizations.
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