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How enterprise software teams are unlocking the value of low code to adapt and scale

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Internal low-code development platforms empower collaboration at scale, accelerate software delivery, and establish an enterprise-wide culture of innovation.

Change is the only constant in the fast-paced world of enterprise technology. Businesses face growing pressure to innovate and adapt as customer expectations evolve and disruptive new solutions enter the market. Thus, agility has become a necessity in everything from software development to digital transformation.

Most IT and business stakeholders are well aware of this fact. 95% of business leaders believe that technological innovation in strategic business initiatives add value. They realize that IT is no longer a mere cost center, but a key driver of revenue and growth. They understand that being able to respond quickly to change is vital for staying relevant in today’s market.

Unfortunately, there remains a serious misalignment between perception and reality. Almost two-thirds of business stakeholders claim that their IT departments implement fewer than half of their proposed solutions. Solutions that are implemented tend to go over budget and over time which, in turn, has led to a significant rise in uncontrolled shadow IT.

This begs the question of how many potentially value-adding innovations never saw the light of day because software teams lacked the technical skills and budgets to develop them. After all, traditional software development is costly and time-consuming and requires technical expertise across a broad range of domains from coding to user experience design.

Business processes need to be regularly modified and customized to best respond to change, which means that software teams need to be flexible and agile. They must be able to work quickly to keep up. But rather than face the constant risk of burnout and rising technical debt, they must be empowered by agile leadership, the right tools, and a collaborative company culture.

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Why Software Vendors Should Use An Open-source Low-code Platform To Develop Their Apps

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Digital platforms have provided businesses with a whole new dimension of business expansion opportunities. All of a sudden, a small business startup from a small town can reach the world with a digital platform like a website or mobile application. These platforms have also enabled us to work faster, increasing efficiency and productivity through various automations and processes at the tap of a button.

Accordingly, we use apps all the time. There are millions of apps out there, and yet the growing use-cases of apps still continue to grow. So people now look to low-code development platforms as a way to gain access to services they need most. It’s no wonder why low-code development is now set to become a $39.79 billion industry by the time 2027 rolls in.

But what is low-code development and what are the advantages of using an open-source option? You’ll learn that and more in this article.

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How To Set Up E-Commerce Adapted To My Business

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As digital technology continues to evolve at an exponential rate, both traditional retail organizations, as well as modern enterprises are beginning to shift towards e-commerce.

E-commerce is defined as any business or commercial transaction that is administered through the internet or o through online communication channels. Studies indicate that 95% of all purchases made will be through e-commerce by 2040.

As more and more businesses continue to increasingly implement e-commerce into their product distribution strategies, it is extremely crucial for businesses to understand how to adapt their business to e-commerce.  

How To Adapt Your Business To E-Commerce

1) Blueprint Customer Experiences

When introducing an e-commerce oriented business strategy, it is essential to ensure that customers have adequate communication channels with your organization. By designing and developing customer journeys and experiences, your business will be able to minimize potential areas of disagreement and grievances through the shift to e-commerce strategies.

73% of customers stated that customer experiences help influence and drive their purchase decisions. Therefore, it is crucial to ensure that prospective consumers have access to efficient search and navigation, customer service representatives, and order management facilities. This will not only help significantly increase customer satisfaction but will also help increase your business’s long-term profitability.

 

2) Leverage Metrics To Refine Organizational Objectives

Once your organization begins to shift towards utilizing of e-commerce strategies for business development, it is imperative to ensure that relevant and accurate metrics are being collected.

These metrics will not only help you closely refine existing operational processes but also develop future e-commerce strategies. Performance metrics can help your business improve customer experiences, improve existing processes, closely monitor the utilization of scarce organizational resources, and much more.

Planet Crust’s solutions are equipped with powerful and advanced data reporting tools that can help your business closely monitor performance metrics to ensure that organizational goals and objectives are being achieved.

 

3) Reevaluate Long-Term Strategies

E-commerce business strategies differ greatly from traditional operational processes. Therefore, your business must closely examine and reevaluate existing long-term strategies and reconstruct future growth strategies.

Therefore, when shifting towards a focused e-commerce approach, you must ensure that employees are aware of shifting priorities, continuously optimize customer experiences, establish a comprehensive plan to achieve shifting organizational goals and objectives, and understand and adapt to changing industry trends.

Planet Crust – Build Your E-Commerce Platform

Planet Crust’s open-source, low-code software is the perfect tool to help your business build an e-commerce platform that can help you blueprint customer experiences, utilize metrics to develop and refine organizational goals and objectives, reevaluate long-term strategies and undergo methodical implementation.

Planet Crust’s solutions are equipped with data-rich dashboards that can provide a 360-degree overview of organizational information, visual workflow builders, drag-and-drop editors, advanced data reporting tools, instant deployment features, cloud-ready architecture, flexible data modeling, responsive web interfaces, and much more. Try a demo so that your business can build its own secure and efficient e-commerce platform.

How To Make My Software Communicate Together?

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As digital technology continues to evolve, more and more organizations are beginning to integrate technology into day-to-day business processes. However, as businesses increasingly adopt applications in their overall framework, it is important to consider cross-application communication.

When adopting different digital applications, it is extremely crucial to ensure that they are integrative and compatible with each other to ensure that data can be shared amongst different communication channels.

However, the use of an API can help organizations connect multiple systems so that they can interact with each other. Studies show that 96% of people think that the businesses they work with could improve communication and project management. Therefore, increasing data accessibility and integration with the use of an API can significantly improve overall organizational efficiency and productivity.

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What Are The Most Adaptive Tools For ISV

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An ISV company is defined as any software developer or organization that creates, refines, and sells software that runs on a minimum of one hardware or operating system to other organizations or individuals. ISV companies distribute software to end-users using commercial agreements while still retaining all intellectual property and ownership rights.

ISV companies create and distribute software, integrate software from other digital solution providers, distribute software through cloud-based distribution channels and satisfy specific niche industry software requirements. The global ISV industry is expected to reach a market value of approximately $408.15 million by 2026, with a Compound Annual Growth Rate (CAGR) of 10.5%.

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How To Solve Complex Software And Business Issues

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As the organizational workload of modern businesses continue to grow exponentially, the number of software and business problems that they must identify and eradicate daily is also increasing. Whether it is a technical issue or a managerial issue, problem-solving is an extremely important business function that all organizations should prioritize.

According to Mckinsey, only one-third of businesses are prepared to address potential organizational disruptions. Therefore, software development platforms can help your business tackle short-term and long-term potential software and business.

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What Are Innovative Solutions For ISV In 2022?

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As digital technology continues to evolve, the integration of innovative solutions into modern business functions is increasing exponentially. Furthermore, as newer technology continues to be made available, modern organizations are expected to keep track of and incorporate contemporary technology and trends into various business processes.

According to Gartner, 2022 projects the highest growth rate for IT budgets over the past decade, with a 3.6% increase over the previous year. This indicates a heightened reliance, dependence, and adoption of innovative technological solutions over the next year. Therefore, modern enterprises must be aware of the latest trends for innovative ISV solutions to facilitate long-term growth.

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Low-code versus traditional development: A primer for independent software vendors

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Independent software vendors take pride in having talented developers, but that doesn’t mean they can’t benefit from the low-code revolution.

Independent software vendors (ISVs) face constantly increasing pressure to deliver innovative software solutions to their customers in as little time as possible while maintaining the level of quality they expect.

Unfortunately, this also means that even though their solutions may be functionally complete, the speed at which they need to be rolled out usually means making some sacrifices. Often, issues with the underlying code present themselves soon after delivery, necessitating rework. Thus, technical debt remains a serious and growing problem for ISVs faced with ever-growing demand.

Low-code development platforms (LCDPs) offer an increasingly viable alternative to traditional software development thanks to their ease of use and faster delivery times. That said, software vendors often still view low-code with a degree of skepticism, assuming it to be only suitable for small projects and citizen developers.

In reality, nothing could be further from the truth. Low-code is already transforming the world of software development and delivery, with the low-code market size increasing by 22.6% in 2021 alone. Indeed, low-code is fast becoming the new standard in software development to the point it is outpacing traditional software development in many sectors. Already, 84% of enterprises are using low-code to reduce the strain on their IT departments and involve the wider business in the development of mission-critical digital assets.

ISVs need to keep up if they are to remain relevant in the years to come, and the adoption of low-code will undoubtedly prove essential in that endeavor. However, that is not to suggest that traditional software development will become obsolete – after all, low-code is not quite the same as no code. Rather, it presents a compromise between the two, whereby applications can be developed quickly and, in the rare cases where an LCDP cannot accommodate certain advanced use cases, skilled developers can still rely on coding.

In this blog, we will explore the differences, as well as the commonalities, of both low-code and traditional software development and how they concern ISVs wanting to increase their speed to market while continuing to uphold rigid quality control standards.

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Why low-code is the future of app development

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Digital apps revolutionized several aspects of our everyday living. We use them to track our fitness routines, manage our work deliverables, stay entertained, shop, and do many other activities.

Businesses have been trying to leverage this trend by building apps that would connect their target audience with their brand.

But building apps from scratch is neither easy nor affordable.

Once upon a time, it cost an organization, business, or start-up tens of thousands of dollars to create apps and software. Moreover, it would take months to develop a minimum viable product.

But the rise of low-code development solutions made app and system creation so much easier. Now, a company can create its own contextual service with a smaller development team and roll it out at a fraction of the time it takes to launch an application built from scratch.

Is low-code development the future of the digital age? How do these solutions prepare individuals and businesses for the future?

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The 8 best low-code development platforms for software vendors

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Here are some of the best low-code development platforms for software developers wanting to fuel rapid application modernization and economies of scale.

Independent software vendors (ISVs) face constantly growing technical debt as they struggle to meet the demands of clients seeking to accelerate their own digital transformations. Among the reasons for these challenges is the fact that many ISVs are heavily reliant on underlying technology that is outdated and lacks the agility for developing software applications quickly.

Low-code development platforms (LCDPs) were originally created primarily to meet the needs of citizen developers in enterprises that lacked the in-house expertise needed to build bespoke applications from scratch. However, LCDPs have now evolved to the point where they not only assist with software development, but also transform the entire software delivery process.

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