With headlines highlighting tech debt disasters from some of the world’s most trusted brands, we wondered: what are the lessons for middle market companies? We reached out to Crosslake’s practitioner community to get advice for investors and their portfolio companies. Here’s what they had to say about dealing with technology growing pains – before they […]
As businesses scale, they may carry significant tech debt for extended periods. In some businesses, there’s limited impact, and technical debt remains manageable. But in other businesses, dealing with tech debt interferes with innovation, negatively affects the customer experience and slows growth. What accounts for the difference is how close the business is to the […]
Since the historic AWS outage in December 2021, more than 15 additional, high-profile cloud outages have disrupted the availability of widely used business applications. Most recently, a Microsoft outage in January of this year created global disruption for Azure, Teams, Outlook, and Sharepoint users, followed by an additional incident affecting Outlook users in February. Cloud […]
Life on the bleeding edge: is it worth the risk for investors? Bleeding-edge technology describes tech that is so new and untested that companies don’t fully understand its impact. It’s not wrong to want to take advantage of new technology, but if you don’t understand the pros and cons of using it, then you may […]
We’ve spent a lot of time over the years working with companies to select new technology and we’ve seen the good, the bad and the ugly. Whether we come in at the beginning, the middle or after a company attempts to go live on a new solution, we’ve seen many mistakes that could have been […]
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