Low code is revolutionizing the way organizations do business. We all hear, every day, how important speed is or how we need to be moving faster. Low code empowers companies to develop and deploy innovative solutions quickly and efficiently. This translates to faster time-to-market, improved agility, and increased customer satisfaction. Moreover, low-code platforms help bridge the gap between IT and business teams, fostering collaboration and streamlining workflows. This translates to more efficient and effective solutions that align much more closely with business objectives. We see this today with citizen applications being built by anyone at the organization first, after which IT can use what’s been started to build enterprise-grade, low-code applications.
Low-code platforms can be used to develop a wide range of solutions, from simple mobile apps to complex enterprise applications. They offer a range of benefits, including faster development times, reduced costs, improved collaboration, and more efficient workflows. It’s no wonder that they’ve become an increasingly popular choice for businesses looking to accelerate their digital transformation efforts.
According to Gartner, by 2024, low-code application development will be responsible for more than 65% of application development activity. In a survey conducted by Forrester, 23% of respondents said they have already implemented low-code platforms, while another 22% said they plan to do so in the next 12 months. The same Forrester survey found that organizations that use low-code platforms report a sixfold increase in speed of application development. This demonstrates the growing importance of low-code platforms in driving digital transformation across industries. I want to emphasize that 2024 is literally right around the corner.
Low-code platforms enable developers to build applications using a visual drag-and-drop interface, reducing the need for coding expertise and speeding up development times. By eliminating these complexities, low-code platforms empower developers and business users alike to create digital solutions without being hindered by technical limitations.
One of the key advantages of low-code platforms is their ability to improve agility and flexibility in software development. With traditional software development methods, updating a project requires significant effort and time: developers must modify the code, test the changes, and then deploy the updated software. In contrast, low-code platforms make it easier to adapt to changing requirements by enabling users to make changes to applications quickly and efficiently.
In addition to their speed and flexibility, low-code platforms can also help reduce costs by reducing the need for specialized developers and IT personnel. Because low-code platforms don’t require the specialized expertise that traditional software development demands, enterprises can draw on a wider pool of talent to create digital solutions. This can lead to significant cost savings, particularly for smaller businesses or organizations with limited IT resources. It also frees up the best of your IT talent to focus on higher-value initiatives.
Low-code platforms are not without challenges. As with any new technology, there may be concerns around security and data protection, particularly for enterprises that routinely handle sensitive data. It’s important for organizations to carefully evaluate the security and compliance capabilities of low-code platforms before adopting them. You need to work with proven vendors that have rock-solid solutions.
At HCLSoftware, we’re committed to empowering businesses by providing the tools they need to thrive in today’s competitive market. Our low-code platform offers a powerful yet user-friendly — and secure — environment enabling businesses to develop and deploy solutions quickly and efficiently, without the need for specialized coding skills. By leveraging our low-code platform, businesses can focus on delivering value to their customers, driving innovation, and achieving their digital transformation goals. All with speed!!
Our application development platforms provide more than 10 million applications to enterprises globally to keep their businesses running.