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Why The World Is Catching On To Low Code Platforms for Software Development?
Why The World Is Catching On To Low Code Platforms for Software Development?

December 16, 2021

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Remember building a webpage before we had wp bakery or eliminator? Lines of codes, testing, preview, and corrections. Time taking a drag. But, now you can whip up a landing page in a matter of a few minutes. It’s undeniable that low code platforms help us achieve speed to market and empower businesses to create faster MVPs.

  1. By 2024, low-code application development will be responsible for more than 65% of application development activity.
  2. The global low-code application development platform market size was valued at USD 11.45 billion in 2019 and is expected to grow at a compound annual growth rate of 22.7% from 2020 to 2027.

The above two points clearly indicate the rise of low code development platforms in recent years and the prominent future of these low code tools in software development.

Now, what is low code software development?

By definition, it is an application development method in which the developers develop visual codes for creating web and mobile-based platforms. This code uses a graphic interface having drag and drop components in the coding method. It reduces the developer’s task of writing non-technical codes through this interface and supports them in creating and working on a tedious task of application development. By breaking down traditional silos of business and IT (promoting continuous collaboration), your organization can develop solutions that meet the needs of your business. By breaking down traditional forms of business and IT (promoting continuous collaboration), an organization can develop solutions that meet the needs of your business. Key factors that are driving the market growth include increasing digital transformation in the IT and Telecom industry, increased responsiveness to the business, and rising need for customization and scalability.

Low code development tools provide many benefits and more people can contribute to the application development process. Also, these platforms help organizations in improving their agility thus reducing the complexity of the application development process. Here are some key benefits of using low code platforms.

Speed: The ability to accelerate the delivery of new software and applications is the most important advantage. Low code development tools assist in. rapidly delivering apps that a business needs with the existing talent. Organizations using a low code development process can thus achieve unparalleled time-to-value. Following are a few processes that allow the increase in speed.

Drag-and-drop functionality, pre-built user interfaces, and models for business processes, logic, and data models enable the rapid development of full-stack, cross-platform apps.

Easy-to implement APIs and connectors integrate with third-party tools that developers already use, so no time is lost due to a learning curve.

Improved agility: Business agility enables enterprises to adapt and respond to market changes and new opportunities using innovative, digital solutions that solve business problems. Operating at digital speed means creating the app capabilities users require to function smoothly across multiple devices. For example, an organization can deliver cloud applications that integrate with some legacy systems, so they are better able to meet the changing needs of customers. They can deliver applications across more platforms so customers can interact with their business however they wish.

Decreased costs: With the ability to build more apps in less time, costs decrease. But, that’s not the only cause. Low-code development reduces the need for more developers, reducing hiring costs. And, the right low-code platform can make everyone in the organization—not just IT—more productive. Companies can develop a variety of solutions ranging from process automation apps to mission-critical systems modernization, without incurring heavy costs.

Ease of use: The speed and development simplicity of low-code enables junior developers and tech enthusiasts without a strong background to build apps as if they were full-stack developers. Also, it empowers skilled developers to work more efficiently, so they can focus on more complex, less mundane aspects of programming. This way, companies of any size are able to maximize their existing resources and deliver the solutions their business requires to stay competitive.

Responding to Changes: Low code platforms gives the ability to respond quickly to changing business and customer needs thus organizations are better equipped to quickly adapt and respond to fast-changing business conditions.

Low-code tools support many different use cases. Below are some of the more common use cases seen today.

  • Integration/Automation
  • Customer Service
  • Web Experience
  • E-Commerce
  • Data Analysis
  • DevOps
  • Internal Corporate
  • Template Code
  • Creating Web Applications
  • Enterprise Software Development

 


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