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7 ways low-code solutions accelerate digital transformation

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By making software development less burdensome on resources, low-code contributes to the acceleration of digital transformation and business-wide innovation.

It is often said that every company is a software company. Computers play a key role in almost everything we do. They are becoming embedded in everything from the cars we drive to the homes and cities we live in.

For organizations, computers and software have become critical for handling everything from customer relationship management to supply chain management. At virtually every customer touchpoint, there are digital interactions that leave a trail of data, from which they can unlock valuable insights, provided they have the right software solutions.

Digital transformation is the driving force behind these innovations. It is the process we use to create new business processes and customer and employee experiences or improve existing ones. It is the reimagining of business in the digital age, and software naturally plays a central role in that process. This is why the pressure is constantly growing on organizations to ease the burden of software development and, in turn, accelerate digital transformation.

Organizations that fail to embrace digital transformation face a very real and growing risk of losing their competitive positions and becoming irrelevant in today’s fast-changing world. One of the main causes of such failure is the difficulty in overcoming the inherent complexities of software development and the lengthy project lifecycles that come with it.

To overcome the challenges, organizations must be able to develop and integrate new tools and capabilities quickly, scale their applications in the cloud, automate routine workflows, and continuously modernize customer experiences.

To accomplish these tasks, software teams need a way to quickly deliver applications and iteratively improve them based on user feedback. Traditional software development is wholly unable to keep up with the need for speed and scale, which is why organizations need low-code software development to accelerate digital transformation.

Here are some reasons why low-code matters in digital transformation:

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Low code versus no code, and what it means to enterprise software developers

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Low code and no code are frequently lumped together, despite taking significantly different approaches. Here is what the debate means to enterprise developers.

The software industry is currently facing a massive wave of transformation driven by growing demand, evolving customer expectations, and fierce global competition. This has left enterprise software teams struggling to keep up with the constant pressure to innovate rapidly and keep widening skills gaps in check.

Every enterprise needs software, and off-the-shelf solutions can only go so far when it comes to meeting their unique requirements. However, while there is often a clear need to develop bespoke solutions, doing so often comes at a significant expense, especially when factoring in the ongoing costs of software maintenance.

Many of these challenges come down to the fact that traditional software development is costly and time-consuming and requires specialized skills that are in short supply and huge demand. This is why the case for no-code and low-code application development is growing all the time. According to Gartner, two-thirds of application development activity will be low code by 2024.

In this article, we will look at what that means for enterprise software teams.

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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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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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Why do universities prefer to teach low-coding rather than coding?

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Low-code technology is a modern-age invention that lets anyone develop complex and functioning apps. This includes people who have had no traditional coding knowledge. Low-code has not only benefited several hundred organizations across the globe, but its easy-to-learn format has allowed many people to upskill themselves and land better jobs.

75% of IT leaders have claimed that low-code is a trend they cannot afford to miss. The new-age invention that is low-code has swiftly taken over the digital world. Hence, it is no wonder that many universities are now offering low-code as a part of the curriculum. Some universities have even been known to prefer low-code education over coding classes. Various reasons that attribute to this are listed below. Read more

Is Low-Code The Future?

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Low-code is defined as a visual approach to application development that allows citizen developers with little to no traditional coding experience to create robust and high functioning enterprise applications using visual editors and on-screen guidance.

Studies show that the global low-code application development industry is expected to reach a total revenue of approximately $187 billion by the year 2030. As digital transformation becomes an increasingly crucial demand for modern businesses, the use of low-code application development in our current business landscape is becoming more and more prevalent.

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