7 Key Benefits of Low-code Platforms for Enterprises
Introduction to Low-Code Platforms
The demand for application development has consistently been rising for decades and continues with every passing moment. With every new business opportunity that crops up, a need for new applications emerges swiftly too. In addition to this, with the ever-expanding advent of digital breakthroughs, businesses have trouble rising to the challenging task of sustaining their success without enlisting the aid of applications that support their internal as well as external functions.
It is with this scarcity of ready-to-go applications that low-code platforms came into being and have since changed the way developers operate.
What is Low-Code?
Low-code is a fascinating approach to application development that uses a drag-and-drop approach to build applications, as opposed to the conventional method of having to manually and physically write code. The careful tweaking and evolving of low-code technologies over the past few years have seen many exciting trends, and you can read more about them in our posts, where we discuss the rise of low-code platforms.
Simply put, if we were to paint a picture of how quickly these technology-powered platforms are projected to scale, authorities like Gartner forecast the worldwide low-code development technologies market to grow 20% in 2023. In addition to Gartner, studies and surveys conducted by KPMG also add that low code is the future of application development and automation.
In the following few paragraphs, we will deeply dive into the benefits of low-code platforms to see how they could benefit your organization today!
Related Article: Advantages and Disadvantages of the Low-Code Platform
7 Key Benefits of Low-code Platforms for Enterprises
Accelerate Digital Transformation
One of the largest benefits of using low-code technology in combination with other emerging technologies like Intelligent Automation is that it allows organizations to more easily and quickly create, deploy, and manage automation solutions. This benefit can lead to faster time-to-market and more efficient processes for businesses. Low-code platforms are also known to be accessible to a broader range of users, not just developers, which explains their popularity.
Flexibility
Understandably, low-code technology is often met with skepticism about its ability to carry out complex functions. However, over time since its advent, this technology has evolved steadily and improved to be able to carry out complex coding requirements. As a bonus, developers have discovered that they can quickly change the look and feel of an application or add new features without having to write large amounts of code. This increased flexibility has led to improved time to market, reduced development costs, and a more agile response to changing business requirements.
Reduce Dependency on Hiring Specific Resources
A unique benefit of this technology is its reduced dependency on hiring specific resource personnel! Low-code technology can help reduce the dependency on hiring specific resources, such as highly skilled developers, by allowing non-technical users to participate in the application development process. This can lead to a more diverse team of contributors, allowing organizations to tap into a wider talent pool and potentially reduce their dependency on hiring specific technical resources. The drag-and-drop functionalities can also reportedly make it easier for organizations to quickly and easily develop new applications without relying on a limited pool of specialized developers.
Related Article: An Overview of the Low-Code Market in 2023
Better Utilization of Technical Resources
Low-code application development permits development teams and business users to create more applications (of any level of complexity) in less time than traditional coding. Low-code application development platforms enable organizations to become more agile and quickly meet enterprise business requirements such as workflow automation, streamlined business operations, improved customer journeys, and policy and regulation compliance. You could also stop by our post on how to measure & maximize ROI of low-code for more insight.
Improvement in Accessibility and a Steady growth of diverse developers
With low-code technology, there’s been an uptick in the number of developers capable of deploying effective applications. By enabling the average citizen to participate in the application development process, organizations can tap into a wider pool of talent and ideas, allowing them to be more responsive to changing business requirements and improve time to market! These individuals can bring a more unique perspective to application development, providing fresh ideas and solutions to business problems that traditional developers may not have considered.
Improvement in Turnaround Time
You could also stop by our post on how to measure & maximize ROI of low-code for more insight. Building off the advantage of this technology being flexible, the drag and drop functionality means that less time is to be invested in the compiling and correcting of coding.
Improved IT efficiency
Low-code technology can help reduce the burden on IT departments, allowing citizen developers to take on some of the responsibilities for developing and deploying custom applications and freeing up IT resources to focus on more strategic projects.
Related article: Low-Code Automation | What it is & Why You Need it
Autonom8 & Low-code Platforms
Low-code application development is a streamlined approach toward digital transformation across organizations that Autonom8 would be happy to assist you with. If you are still figuring out how to begin your journey, our low-code pros can help!
With low-code technology, organizations can be more nimble and respond more quickly to changing business requirements, enabling them to rapidly adopt new technologies and respond to changing market conditions. With effective workflow and business process management, we ensure that our solutions will blend seamlessly with your existing processes.
Start your trial today for optimized costs and time; Revolutionize the way you do business.
Related article: Characteristics of High-Performing Low-Code Solutions
FAQs on Low-code Platforms Benefits for Enterprises
Low code technology has a wide range of use-cases. wide range of use cases across various industries and business functions. Some common use cases include: Low-code technology is widely seen as a promising and growing trend in the software development industry. It has already proven to be a valuable tool for organizations looking to improve their application development processes and respond more quickly to changing business requirements! The benefits of using a low-code platform for enterprises include faster application development, reduced IT costs, improved collaboration between IT and business teams, increased flexibility and agility, better scalability, and easier maintenance and updates. Low-code development speeds up application development by allowing developers to build applications faster and more efficiently, without needing to write code from scratch. This is done through pre-built components and visual interfaces, which enable developers to create applications using drag-and-drop tools and minimal coding. Low-code development reduces IT costs by allowing enterprises to build applications without the need for a large team of developers. This is because low-code platforms enable business users and citizen developers to build applications themselves, without the need for deep technical expertise. Low-code platforms increase flexibility and agility by allowing enterprises to quickly build and modify applications as business needs change. This is done through the use of pre-built components and visual interfaces, which enable developers to make changes to applications quickly and easily.What’s an example of low code technology?
Custom applications: Low-code technology is often used to build custom applications that meet specific business requirements, such as workflow automation, customer relationship management (CRM), and human resource management (HRM) systems.
Rapid prototyping: Low-code technology allows organizations to prototype new ideas and applications quickly, allowing them to test and iterate on new solutions rapidly.Is low code the future?
What are the benefits of using a low-code platform for enterprises?
How does low-code development speed up application development?
How does low-code development reduce IT costs?
How can low-code platforms increase flexibility and agility?
