IT has been a big part of business digitalization to attain operational efficiency. It has made things so much easier and faster by facilitating:
• Easier and faster communication such as instant messaging, email, skype, zoom, etc
• Improved storage and access to data
• Faster processing
• Effective time management
• Effective Employee monitoring
• Effective Task and project management and so much more
In essence, IT eliminated the use of pen and paper and welcomed the idea of software development to run a successful business.
Software development is the process of creating a working software or application through computer programming. And for the longest time, this has been an area for expert software developers.
But things have changed for the better thanks to low-code technology.
Low-code is currently the fastest growing technology globally, and this is not about to change any time soon.
According to Gartner, the global low-code market might hit a total of $13.8 billion by the end of this year.
Another report by KBV research revealed that by the year 2026, we should expect the global market size to reach $46.4 billion.
But what is low code, and why is it gaining so much popularity among businesses?
In this article, you’ll find answers to these questions and more.
• What is Low Code?
Low-code is a technology that does not require you to have technical skills to build an application. It provides a much simpler and easier way for non-developers to act as their own developers.
A low-code platform uses Graphical User Interfaces (GUIs) and reusable components instead of the complicated coding languages. These tools make it possible for any unskilled user to create and customize applications for multiple purposes.
• Why Companies Use Low Codes
Many companies already rely on low code platforms to perform numerous business operations and complete their daily tasks. And as stated earlier, these numbers will keep rising as time goes on. There are plenty of reasons for that.
Here are some of them.
A. Business Benefits
There are several ways that companies can benefit directly from low code platforms.
I. Improved Speeds
The first thing that drives companies to use low code development is its speed. Everything about low-code platforms is fast. That includes the delivery of enterprise-grade applications; it can take approximately 2-3 days to complete.
With low code, software development can be 10 Times as much faster than traditional techniques. That’s according to the latest statistics.
Ii. Low Costs
Another reason why companies use low code platforms is to minimize costs and save more money.
Hiring a team of developers can sometimes be very costly, especially if you don’t need the service full-time. In that case, your employees can use low code platforms to create new applications when needed.
That will eliminate the need to hire in-house programmers, which will help you save on your budget.
Iii. Enhanced Agility
The digital landscape is constantly changing. Businesses have to keep up and adjust accordingly to stay ahead of the competition. That’s just what low code platforms have to offer to companies.
B. Operational Benefits
Several operational benefits drive companies to use low codes. These include
I. Less Coding
As the name suggests, low code applications require so little coding, which means less work. That comes with so many other benefits including:
• Less time and energy consumed
• Less fatigue
• Fewer errors and increased accuracy, and more
Ii. More Productivity
To increase productivity, companies have to exercise proper time management practices. That means spending less time on unrelated or meaningless tasks and more time on meaningful tasks.
Traditional software development methods involve a lot of manual work, which is both time and energy-consuming. It is also inaccurate, which means spending even more time and energy correcting errors.
But with low codes, companies no longer have to spend so much unnecessary time on small tasks. Instead, they can focus their attention and energy on projects that are more complex and relevant to the business.
Iii. Cloud Hosting
Low code solutions are perfect for cloud hosting and are essential for flexibility and easier software delivery. That allows users to make changes whenever they need to and from wherever.
Iv. Easier Maintenance
Maintaining and updating applications through traditional software development is not easy. It involves a lot of work where IT teams have to add new features or fix bugs manually. That is time-consuming.
With low code platforms, companies have access to prebuilt and pretested software components that are all compatible with one another. That makes it easy for users to make changes to applications and ensure all parts work together perfectly across the system.
Low code application development began in 2011 and has only been around for a decade. Despite the short time, low-code platforms have fascinated so many companies across all business industries.
You can expect this to continue making low code platforms indispensable in the future.
If you haven’t been using low code, it’s high time you start. You will need it to succeed and keep your business ahead today and tomorrow.
One thing you have to remember, though, low-code tools are not there to replace traditional software development. No! Instead, they exist to extend the limits. That way, companies can use both professional developers and non-developers to create applications to satisfy various business needs.