How low-code platforms could save your business tons of money on top of weeks of saved time
Developing new apps and features used to be a hideous process, often taking weeks and months. Development often required outsourcing to expensive outside developers. Now with the emergence of low-code/no-code platforms – pretty much anybody can do the job! No-code/low code platforms let users take advantage of graphical user interfaces to build applications. So, putting together working applications is as easy as building with Legos. The availability of pre-built components – or the “Lego pieces” if you will – is growing rapidly. There are over 2000 integrations available on Zapier, a prominent environment for low-code applications, alone. And those integrations can be stitched together in countless ways – potentially giving way for millions of workflow setups.
Let´s take a look at some of the process-related benefits that could save your business tons of money on top of weeks of saved time.
- You no longer need to hire expensive full-stack developers but make do with your existing resources given they receive some training in the tool used. Many of today’s platforms have a relatively short learning curve and could have your people up and transferring their processes to the platform in no time.
2. IT resources are among the most expensive for any organization. Freeing up their time to focus on more complex tasks not only saves the organization time and money but also helps the process people gain better insight into how digitization will help them to be more efficient and contribute to the bottom line. IT backlog reduction is also one of the key drivers in weighing the benefits of using low-code platforms. This can be easily measured in the number of service requests and translated into direct financial gain.
3. According to a study conducted in 2017, half of IT projects are not completed on time. Granted – most of this is due to scope changes, but a lot of it also has to do with the complexity of the development process. By using predefined, standardized. “building blocks” to patch together complete solutions, the need for custom code is greatly reduced. At most, an outside developer is needed to validate the solution once it is ready.
4. The availability of “out-of-the-box building blocks” to build your app or solution is increasing exponentially. This means that by using components already made available by the vast number of different service providers, each client is able to build or modify the final ready-made solution by themselves. All it takes is combining different components and arranging them to produce the wanted digital process.
5. Using legacy business software usually means you are compromising on user experience. Today’s low-code platforms give you control over user experience to the service providers themselves. The processes and their visual representation is easily controllable and can be modified in a matter of minutes.
According to Gartner, by this year, at least 50% of in-house business applications are built using high productivity toolsets such as low-code/no-code platforms. These toolsets provide greater agility, faster development cycles, and results in significant savings in time and financial resources.
Is this the future of software development? Let us know what you think in the comments!