The IT industry is undergoing rapid transformation, but for a good cause. Industry leaders today are focusing on the latest digital techniques and solutions to meet the growing customer demands over the globe. 

Of the different techniques and solutions, low-code or no-code has received the best reception from business owners. 

Significance of low-code and no-code platforms for your business

Your business needs low-/no-code platforms for two reasons.

1. Rapid legacy system modernization
2. Faster application development and deployment

If you carefully analyze the above two conditions, it is apparent that increasing the time to market the product and expediting development and delivery time is critical for your business to exceed customer expectations.

Another massive benefit of using the low-/no-code platform is that it reduces the development and deployment time and the associated costs with the process.

Your business can save development time and cost too. This platform makes it easier to improve customer satisfaction with a faster turnaround time.

Growth of low-code platforms in IT

The global low code development platform market size was worth USD 16.3 billion in 2021. It is estimated to reach an expected value of USD 148.5 billion by 2030, growing at a CAGR of 27.8% during the forecast period (2022–2030) – (Source: Global News Wire)

Growth of no-code platforms in IT

By 2024, Gartner predicts that low-code development will account for more than 65 per cent of application development activities. (Source: Enterpreneur.com)

What is a low- and no-code

As the name suggests, low code requires minimal coding to develop applications. Businesses don’t have to rely too much on native developers, and they can use citizen developers to create applications quickly with minimal coding skills and the intervention of technical developers. 

This saves the time and effort of native developers and the IT team and enables them to focus on critical tasks.

On the other hand, a no-code platform requires no or zero effort to develop applications. Using the drag-and-drop interfaces, citizen developers can easily create any application without the help of native developers. Using this platform saves the time of tech-enabled developers ultimately.

Who needs a low-code platform

If your company has expert developers that can spend minimal time on app development products, then opting for the low-code platform is the best bet.

Who needs a no-code platform

If your company is left only with non-programmers yet wants to take the application out without hiring a developer, then opting for a no-code platform is recommended.

Why low- or no-code for IT

 A prime challenge for IT companies is that their developers must code the applications or products manually, which consumes a lot of time.

At times, it is significantly more challenging for developers to juggle multiple projects simultaneously. This, in turn, results in delayed delivery and dissatisfied customers.

Also, the business executives understand the project scope better, and sometimes there needs to be a better match between the scope and application developed by developers. 

Again, this leads to re-engineering the application, consuming time and effort. This also creates a bad reputation in the mind of the customer.

To avoid this, business executives should create applications, which wasn’t possible earlier.

However, with the help of the low- and no-code platforms, overcoming the above two shortcomings is seamless and breezy.

Here are ten advantages of using low- and no-code platforms for your business.

1. Reduced costs and efforts
2. Improved agility of applications
3. Faster legacy modernization
4. Rapid transformation
5. Increased productivity
6. Lower risk and better governance
7. Innovative and effective
8. Faster turnaround time
9. Rapid deployment
10. Happy and satisfied customers

With such excellent benefits, it is highly invincible for any brand to refrain from investing in low- and no-code platforms.

Why low- and no-code platforms will be the future of software

Whether you own a small, medium, or large business doesn’t matter. End of the day, all you need is ROI. What if you don’t make any money from the investment? It is considered a loss. And many business owners realize this.

They understand the problems that their development team faces during critical project deliveries. Especially small companies will face the wrath of customers if they aren’t able to deliver a project on time. 

Generally, they operate with a small team of developers and are mostly occupied with lots of projects. It is pretty hard for them to work on new orders, even if they require only minimal time.

To avoid such a scenario and help their core developers to focus only on critical projects, industry leaders are turning their attention to low- or no-code platforms. 

Having the platform for the company will enable citizen developers to build applications quickly with minimal support or without core developers’ assistance.

In other words, brands can save time and effort for both the developers and customers. With such a system in place, developing and delivering multiple projects within a stipulated period is simple and seamless.

Other interesting factors that make low or no-code platforms a runaway hit among SMEs are that they are easy to use, ensure faster turnaround times and reduce errors to a great extent. These platforms help not only the developers but also the testers to some extent. 

The developers don’t have to fix bugs now and then. This could save developers and testers a massive amount of time and effort.

Also, greater accessibility to features is another interesting factor that makes almost every company focus on low- and no-code platforms.

So, in the future, citizens will develop more and more applications for the brands while core developers will work on critical and sensitive projects.

Are low- and no-code platforms worth the purpose and money?

The platforms are in the budding stage and require much time to evaluate their performances and efficiency. They aren’t available at effective costs too. Companies have to spend serious money to get their hands on these tools.

Yet, you can’t write these platforms off. They have significant use cases and benefits that force business leaders to invest and leverage these platforms. Especially faster turnaround time and reduced costs are two factors that make the management executives go for the platforms.

What’s your take on the low- or no-code platform?

Do you rely too much on your developers to create applications?

Want to transform the way your development and delivery process functions?

Let’s present some interesting information about low- and no-code platforms.

Want to give it a try? Want to explore more?