Why Should CTOs Consider Low Code App Development?
5 Minutes Read
Application development is witnessing a huge growth as the market demands enterprises to develop high functionality apps. The application market size1 is expected to reach $407.31 billion globally by 2026. Developing and deploying the right business apps guarantee higher profitability to enterprises across the globe. But the complexities involved in mobile app development and the competitive business environment pose challenges for enterprises.
Apps are expensive to create, implement, and maintain, taking much time to develop and update. This is where low code application development platforms play a key role. Unlike traditional development cycles that are complex and can take months, low code development simplifies enterprise software development and enables deployment in days.
What is low code development?
Low code app development refers to a visual development approach to web and mobile app development. The approach enables developers to create applications for the web as well as mobile, utilizing drag-and-drop components and model-driven logic via a graphic user interface. Low code development platforms (LCDPs) help to lessen the burden of citizen developers to write code. These platforms allow you to build a full range of app types, right from upgrading legacy apps to IoT-enabled smart apps, for different use cases.
Why should enterprises opt for low code app development?
It is worth considering that the global low-code development platform market size is expected to grow up to $45.5 billion2 by 2025. Low code significantly boosts the scalability, reliability, and security of systems and apps. As it promotes sound architecture, and good technical governance as well as best practices, most of the application development companies realize the potential for low-code to create seamless integrations and revolutionize mission-critical systems.
And then, the ability of low code development to speed up the delivery of new software and applications matters the most to app development companies. In the words of John R. Rymer, Vice President, Principal Analyst, Forrester Research, “Low code offers the potential to make the application development process as much as 10 times faster than traditional methods”.
App development with low code is faster due to:
One-click: A single-click application delivery can automatically track all changes, tackling database scripts, and the process of deployment. This also helps to get rid of time-consuming operations and deployment processes.
Drag and Drop Interfaces: Models for business processes and data, logic, and pre-built user interfaces enable faster app development. More so, managing codes through visual modules becomes easier and faster.
Third-party: Easy-to-implement connectors and APIs integrate with third-party tools, thus losing no time owing to a learning curve.
The best part about low code web development is that it empowers skilled developers to focus on more complex programming aspects. They can thus complete projects faster. New developers too can achieve productivity faster, constantly yielding better results.
As you speedily deliver apps and reduce time-to-market, you witness plummeting IT costs. According to a survey conducted by Forrester Research, more than 50% of enterprises believe low code development platforms are more affordable when compared to traditional software development.
They minimize the need for more developers, saving on the costs of hiring. In addition, your internal IT department is less in demand, empowering non-technical users to automate more development processes. After all, you want your employees to grow more productive.
When app development cycles speed up, not only do your IT costs decrease but also your business becomes more agile. Delivering a full-stack application in less time and the ability to make updates in it within a few minutes makes it easy to adjust to the dynamic business environment. And agility is not only a derivative of speed.
Through low code app development platforms, you can deliver modern cloud applications that integrate well with legacy systems. In other words, modernizing core systems by leveraging on microservices, serverless, and containers comes easy with low code. As you integrate all types of components into your business applications, you not only meet the changing customer requirements but also interact with them effectively.
Besides enhancing digital customer experience, enterprises recognize the need to transform their operating models and business, aimed towards increasing revenues. It is crucial for enterprises to streamline their business processes. Due to the built-in security features in low code, it has emerged to be a secure as well as reliable solution. For industries that support critical infrastructures and must maintain confidential data assets, low code helps automate key and complex processes with drag-and-drop process modelling.
In the context of low code app development, Business Process Management (BPM) is a software platform developed for the automation of organization workflow and business processes. Developed to bring operational excellence to departmental and enterprise workflows, the software helps facilities managers, department heads, and business users. BPM has benefitted businesses in several ways, including less inefficiency, increased team productivity, reduced manual data entries, and a better return-on-investment.
What is worth considering here is that low code app development platforms act as a tool to achieve digital transformation. Low code emerges to be a viable measure to overcome the digital transformation challenges. Developers can build applications within no time using low code that allows for the configuration of applications.
You have customized, powerful software that eliminates the risk, cost, and delays associated with traditional app development. Besides, development teams can stop bothering about the resource and technical debt constraints.
Low code platforms thus enable IT leaders to bridge silos, streamline business processes, and most importantly, collaborate and focus on core innovation. CIOs can speed up their revenue generation and digital transformation efforts in the app economy of today. They consider the people, processes, and platforms that together meet the rising demand for modern apps.
To Sum Up: Low code development plays an instrumental role in application development, with more application development companies benefitting through such platforms. Speed, decreasing IT costs, agility, streamlining of business processes, and digital transformation make low code adoption viable for businesses. And then the global low-code development platform market size continues to expand, besides the growing need for digitalization and maturing agile DevOps practices.
It’s time to get rid of the overburdening custom application development and just focus on business innovation. Are you ready to address your application pain points with low code’s simplicity?
1. Mobile Application Market by Marketplace and App Category: Global Opportunity Analysis and Industry Forecast, 2019-2026, Allied Market Research 2. Low-Code Development Platform Market, Global Forecast to 2025, MarketsandMarkets
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