10 Powerful Reasons for Businesses to Switch to Low-Code!
You must have heard the long call of Low-Code in the software development orb. Yes, Low-Code Platforms have set the pace in the present tick without a doubt.
It is imperative that organizations that need to thrive in highly competitive markets must continually develop apps to boost worker productivity. Despite the sprouting requirement, there is a drought of skilled IT professionals. The demand for process automation also tends to increase with rapid digitalization. And that is why companies are increasingly adopting Low-Code platforms to fulfill their software development needs.
Gartner marks an average growth of more than $1 billion per year, from $3.47 billion in 2019 to a thundering $8 billion in 2022. It also predicts that by the end of 2023, the markets will continue the surge and reach an expected growth rate of nearly 20 %.
10 reasons why the shift in gear takes place
1. Swift Development Cycle
Are you the one looking for speed? Imagine a scenario where you can create applications 10 x faster than any other traditional coding mechanisms. Think of the time you save!
Know How?
With Low-Code platforms, you get that stunning visual interface alongside pre-built modules that streamline development. Leave the thought of bulk coding from scratch. Rather, leverage the potency of reflexive drag-and-drop features, and predefined components to mold different app functionalities.
Remember your childhood time creating structures using building blocks? Look for no other synonym, as you find Low-Code development platforms delivering apps with ease and swiftness. Finally, you can have that market advantage over competitors by embracing faster development cycles.
2. Significant Cost Reduction
Heavy development costs are always a headache for businesses. Traditional app development could be too expensive. But, that's not the case when it comes to Low-Code app development. They help greatly reduce development costs.
Know How?
With Low-Code development comes active collaboration. It can help people having domain knowledge but less coding expertise actively participate in the process. The stunning visual interface lets you drag and drop components, configure workflows, and create your desired functionalities in minutes, not hours or days.
By utilizing these key features and pre-built components, you can reduce development costs and deliver high-quality applications in parallel. Also, rapid prototyping and iterative development allow you quick-fix failures or bugs. This helps you cut down any germinating costs at the later stage of development.
3. Improved efficiency
Low-Code platforms streamline development by using pre-built templates and modules. Think of the time saved by leveraging these features to develop apps other than coding and building from scratch. Efficiency is at its peak!
Know How?
With intuitive visual interfaces, pre-built components, and unique functionalities, developers can swiftly create applications, reducing the time and effort required for traditional hand-coding. This streamlined approach helps to accelerate the overall development cycle.
Taking the stats into play, Forrester revealed in a survey that organizations utilizing Low-Code platforms experienced a nearly 45% drop in development time compared to traditional coding techniques. By abstracting complex coding tasks and enabling streamlined collaboration, Low-Code development resulted in increased productivity and faster time-to-market.
4. Agile adaptation
The world is changing, and so do business requirements from time to time. Businesses need to adapt to the market and keep up with the demands. With the capacity to make quick changes or revisions to applications, Low-Code platforms have a competitive edge in the market.
Know How?
By lessening the reliance on traditional manual coding, developers can rapidly prototype, iterate, and deploy applications, enabling organizations to respond promptly to changing market dynamics. This increased agility allows businesses to seize arising opportunities, address customer needs more effectively, and stay ahead of competitors.
According to the Gartner survey, 75 % of businesses using Low-Code development trekked their ability to adapt to changing market trends and requirements.
5. Enhanced collaboration
Collaboration makes things happen and achieve success. Low-Code platforms connect business stakeholders, IT teams, and developers, enabling collaboration at its max potential. Imagine the power and spirit of teamwork!
Know How?
One of the vital features that help in collaboration is the visual interface of Low-Code platforms. Evading large chunks of code, you can marvel at the ability of drag-and-drop interfaces, visual editors, and interactive workflows. Hence, everyone can partake in the development process, irrespective of code knowledge.
Business stakeholders can add valuable insights and contribute to the overall app design and functionality. What you get as the final product is an exceptional application out of well-collaboration.
6. Accelerated time to market
Speed is influential for businesses while markets proliferate. When it comes to app development, the time to market is one significant differentiator. Here is where Low-Code platforms hit the bull's eye, fostering businesses to stay ahead of the market curve.
Know How?
Conventional coding techniques to develop and launch your business applications can be time-consuming. However, with the glare of Low-Code platforms, businesses are developing applications without any hassles.
As a result, the time-to-market has also decreased significantly, allowing you to create and deploy apps quickly. A recent Forrester study indicates that Low-Code platforms lessen the time to market by 30- 40% on average.
7. Greater scalability
Scalability is yet another vital thing to look at in today’s changing digital landscape. When users tend to rise, applications should be scalable enough to accommodate this increased rush and data.
Know How?
Rapid app development capability, reusable components, the right tools and functionalities, and simplified maintenance make Low-Code platforms admiringly scalable. With seamless cloud integration and modern architecture patterns, these platforms handle increased workloads effortlessly.
Also, these platforms support cross-platform compatibility, empowering citizen developers to contribute and adapt applications agilely. As per Gartner's projections, Low-Code platforms expect to back a remarkable 65% of development activity by 2024.
8. Integration potentials
Connectivity is one prime requirement to consider while developing a business application. And with Low-Code, you can seamlessly integrate your app with existing databases and systems.
Know How?
Low-Code platforms possess robust integration capabilities that make them widely adopted by businesses. They come inclined with diverse pre-built connectors and APIs, helping streamline the integration process with various external systems, databases, and cloud services. It also lets organizations use their existent infrastructure.
With simplified integration, Low-Code platforms empower developers to connect different applications and data sources effortlessly. This not only enhances the overall efficiency of the development process but also facilitates the creation of cohesive solutions.
9. Upgraded compliance
Compliance and governance is important to upkeep while developing and deploying business applications, irrespective of the industry. Here is where Low-Code platforms come to the big frame, ensuring conformity to various industry standards.
Know How?
Low-Code platforms possess enhanced compliance and governance capabilities, helping adhere to organizational policies. The platforms offer built-in security features, access controls, and data encryption, lowering the breach risk and intrusion chances.
With increased obedience, companies can maintain a high degree of data security and integrity. It also fosters trust and confidence among business stakeholders, partners, and users.
10. Enhanced User Experience
The success factor for businesses is their happy customers. And without a doubt, Low-Code platforms prioritize making applications more user-friendly. Delivering 'what you want' makes all the difference.
Know How?
Users will always have expectations about how an application interacts with them. Easy integration, cool navigation, and rapid response time are some key factors to consider while creating applications. And Low-Code platforms master the requirement without distrust.
Low-Code platforms recognize User necessities and provide the right tools to create applications that meet and surpass expectations. They also offer an array of user-centric features and empower you to craft seamless, delightful interfaces with ease.
Summing Up
You have just navigated through 10 different traits that put Low-Code on top of any other conventional development techniques. The benefits are manifold from the swift creation cycle and lower cost to easy integration, enhanced efficiency, and improved collaboration. It is only the start of the revolution and the right time to ask oneself whether you are with the Low-Code revolution or not.
Think of the open possibilities that the platform unfolds before your eyes in terms of cost and efficiency. To know more about the platform benefits, capacity, insights, and more, visit our website www.teknowmics.com and book a demo right away!