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Enterprises across all industries are facing mounting pressure to deliver business value with speed and agility. In the digital age, companies that can’t keep pace often fall to the wayside, especially in light of increasing customer expectations and dynamic regulatory requirements.
Speed has become table stakes. And business leaders have risen to the challenge across the board—focusing on efficiency and streamlined operations. However, despite enabling speed, many organizations still struggle to deliver value and continuously improve performance using technology.
Traditional software development methods can no longer keep up with the demands of modern users. And so, to achieve speed and generate significant value, business leaders must leverage customized software with low-code capabilities, thereby empowering professional IT developers to develop and deploy business applications rapidly and seamlessly.
Speed is Table Stakes, But So is Low-Code
Low-code application development is certainly not a new phenomenon—in fact, the term low-code was originally coined in 2014. However, since its advent, an amalgamation of digital disruptions, hyperautomation and new technologies has led to an exponentially rising demand for low-code tools.
According to Forrester, “Low-code development platforms are emerging as a key strategy to accelerate app delivery to support digital business transformation. And they have the potential to make software development as much as 10 times faster than traditional methods.”
So, not only is low-code an absolute imperative in today’s business environment, it is the key to unlocking speed and agility in your operations.
Fabrizio Biscotti, research vice president at Gartner, further states that, “Globally, most large organizations will have adopted multiple low-code tools in some form by year-end 2021. In the longer term, as companies embrace the tenets of a composable enterprise, they will turn to low-code technologies that support application innovation and integration.”
What Does Low-Code Mean?
When you Google “low-code” you’ll find a number of different definitions. Low-code means different things to different people, depending on their industry, their business needs and their experience with IT.
Perhaps the most common interpretation of “low-code” refers to “no-code” development, wherein citizen developers are enabled with declarative, drag-and-drop tools to create applications without having to depend on IT.
This type of low-code works well in cases where users are attempting to streamline simple workflows and automate standardized use cases. However, when business needs become more complex, the “no-code” approach can fall short.
A low-code platform, in the truest sense, offers a broader and deeper set of capabilities, enabling professional IT developers to use a modeling-driven environment to rapidly develop and deploy mission-critical applications and address complex, content-driven business needs.
Generating ROI From a Low-Code Platform
The right low code platform enables far more than just speedy app development. By investing in one comprehensive low code platform, you can:
- Simplify your complex, content-driven business needs
- Enable mobile app development
- Develop customer-facing and customer support applications
- Streamline internal workflows
- Create transaction-oriented standalone applications
- Develop content-driven workflow applications
- Modernize legacy systems
- Reinforce backend systems to handle larger volumes of data and transactions
- Build portals for internal and external users
- Deliver an enhanced customer journey across multiple touchpoints
- Deploy your applications in a cloud-based or hybrid environment
- Scale your applications with agility
Low Code is Here to Stay
Gartner predicts that “Low-code application building would gather more than 65% of all app development functions by the year 2024 and with about 66% of big companies using a minimum of four low-code platforms.”
So, not only is low code a business imperative today, it is only increasing in utility and ubiquity as we move into the future.
For enterprises striving to stay on the cutting edge, the right low-code platform is an investment that will keep on generating significant returns. From enabling speedy app development to providing the agility and scalability to keep up with dynamic business needs and customer expectations, low-code is the key to continuous innovation and ongoing success.
