Businesses everywhere are under growing pressure to keep up with the blistering pace of digital transformation.
To survive and thrive in this volatile environment means innovating faster than ever before and building more applications with fewer resources. But how can you do that when research development is in a crisis? Half of all new applications fail or don’t live up to expectations according to a recent survey by IDG.
The solution is to find a better, faster way to build custom applications that make your organization stand out from the crowd. That’s where low-code comes in.
The Low Code Advantage
As a CXO, you need to build the right capabilities to capitalize on opportunities before your competitors do. A low-code development platform is key to unlocking productivity and rapidly responding to change.
With drag-and-drop functionality and visual process flows, low-code allows you to build applications faster to keep up with ever-changing market demands.
Here are 5 signs you could benefit from a low-code development platform:
- Your Back Office Is a Barrier to Innovation
The digital economy is filled with challenges, opportunities and threats. To compete and win, the most innovative businesses are embracing low-code to drive superior value for customers and end users. Companies need a low-code development platform that enables them to move faster, innovate faster and work smarter.
- Your Organization Struggles to Operate at Digital Speed
Simply automating and optimizing business processes is not enough to keep pace with ever-changing expectations. The most successful organizations harness low-code development to streamline their workflows, build data into everyday processes, create a positive end-user experience on multiple devices and get apps and services out to employees and customers faster than ever before.
- Complexity and Technical Debt Slows Software Development
You’ve identified new business opportunities that call for new applications. But your organization spends more time maintaining and updating existing applications than building new ones. Making unique software to run your organization is complicated. But low-code takes the complexity out of building custom applications. And that speeds up the development process.
- Frequent Cost and Time Overruns
If your IT team is constantly slammed, it is a sure sign that your digital transformation goals are at risk. Low-code eliminates this problem by empowering your organization to create business applications 20x faster than writing code.
- Your Competitors Are Already Using Low-Code
Forrrester says that 84% of companies surveyed have turned to low-code to reduce strain on IT resources, increase speed to market, and improve collaboration between business and IT. So, don’t be surprised if your competitors have adopted a low-code development platform as well. The low-code market is growing rapidly and will surpass the $10B mark by 2020.
Low-code sounds simple. But don’t be fooled. Low-code is industrial-strength stuff. Begin with the fact that it can support the most demanding business applications. On top of that, the best low-code platforms have the power to overcome the toughest barriers to successful digital transformation.
In fact, 100% of low-code enterprises have received ROI from their low-code adoption. So saysForrester.