Technical Debt Explained for Beginners | What is Technical Debt | SCALER

In this video, Manan Verma (Ex-SDE II, Urban Company) will help you understand what technical debt is. Join our FREE masterclass now: https://bit.ly/3PSiYa4

What is technical debt?

Technical debt or, tech debt refers to a scenario when software companies rush to provide a piece of software or a project, but then have to rework it later. To put it another way, it's the effect of emphasising speed over accuracy in coding.
When you take a shortcut in developing your code in order to move ahead faster, you end up with poorer, more complicated code. Since it is similar to getting a loan, it's termed a technical debt. You can acquire more today than you normally could, but you'll pay a bigger price eventually.

Certain things are much more essential than others. For instance, a vehicle to travel to and from work. Sometimes people can't simply decide to put off that investment for months or even years in order to save the money they need: As a result, they acquire a car loan. That means they'll pay more over time for the car, but they'll get what they need right away.

The following topics are covered in this tutorial:

0:33 - What is technical debt
1:35 - Types of technical debt
4:41 - How to reduce technical debt
7:00 - Best practices to manage technical debt

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