Technology leaders are always looking for the next innovation to give them an edge over the competition. Yet the pandemic has forced companies to be .. Read more more transformative and agile than they usually would have been.There are rewards for those companies who innovate as they are likely to maintain their advantages for years to come and as McKinsey writes, innovation can be a company’s launchpad out of the Covid-19 crisis. In 2020, many technology chiefs splurged on new technology to help their organisations keep abreast of the needs and demands brought about by the pandemic. There was no time for the usual rumination that previously could have taken years.These purchases, however, have not always been the most optimised for their organisations. Technological innovation promises much but comes at a cost, so how do technology leaders define a good investment in technology? And how can they keep these costs in check in order to avoid tech-debt? Join our editorial director for Asia at The Economist Intelligence Unit as he asks 3 technology leaders from a cross-sector of industries what they have done or plan to do to avoid tech-debt and how they are innovating cost-effectively.
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