10 Amazing Benefits of Low-code Platforms You Should Know in 2022
Did you know that 80% of companies in the U.S. leverage the benefits of low-code platforms? If you are wondering why low-code platforms and applications have become hot properties in the tech world, you have struck gold. There are plenty of reasons why businesses of all sizes are turning to low-code applications.
While most companies are opting for low-code applications to minimize the workload of their IT department, others are using them for the streamlined development of web and mobile applications. Besides, the ease of use that these low-code platforms provide is another strong reason why businesses are gradually moving away from traditional application development.
We expect this trend to continue in the upcoming years, and for a strong reason. Let’s take a look at some of the main benefits of low-code platforms and why they have garnered popularity worldwide.
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Why are Low-code Platforms in Demand?
The demand for low-code platforms continues to grow each year. The global low-code platforms market is tipped to cross $65 billion in the U.S. by the end of 2027. In 2019, the low-code platform space was worth $10.3 billion. This clearly indicates that the interest in low-code platforms is increasing rapidly.
Now, we will take a look at some of the benefits of low-code platforms.
1. Integration of legacy systems
Low-code applications improve agility in application development. If you are looking to integrate legacy mainframe systems, low-code platforms are well-suited for the requirement.
What makes such applications a perfect fit? According to Steve Hasset from GT software, faster development, the ability to adapt to evolving requirements, and higher resilience are some of the main benefits of using low-code applications.
2. Entry barrier is simple
Traditional development tools were a complex web of functions that were not easy to understand. That is not the case with low-code platforms. Low-code development is relatively very straightforward, has a lower entry barrier, is cheaper, and has a faster deployment time. Companies would no longer have to depend on software developers for full development. For instance, store owners, ushers, and other members of staff who have a better understanding of the business can help coders develop workflows. This addresses the problem of developing applications with streamlined workflows. A win-win situation for both parties.
3. Faster solution assembly by non-technical users
Today, most businesses are aiming to provide hyper-personalized services. However, to do so, we also need to develop innovative solutions that can be deployed across an omnichannel ecosystem. Low-code application platforms accelerate digital programs by allowing the non-technical audience to assemble solutions quickly. In many ways, low-code platforms address the barriers that existed within conventional organizational processes.
4. Easier maintenance
Software maintenance becomes a breeze when low-code development is introduced. Low-code platforms ensure that all the processes are pretested, standardized, and ready-made. This results in very few bugs and even makes integration a smooth and seamless process. Hence, developers do not have to spend a lot of time on fixing such technical issues, enabling them to focus on other critical tasks.
5. Growing number of citizen developers
As the world continues to become more interconnected and digitalized, demand for applications and software has increased. The IT departments in companies with incredible foresight are also struggling to keep up with this demand. This is why the number of non-professional and non-technical citizen developers has increased. Citizen developers can design and create business applications that are sanctioned by the company.
Since low-code platforms are easier to use and understand, citizen developers can create business-critical applications. This route reduces development time, leading to faster time-to-value.
6. HIgher productivity across different departments
It is safe to say that low-code software platforms narrow the gap between the IT and other departments of the company. This allows employees in every department to focus on important tasks that impact the company’s growth. Today, owing to the benefits of low-code platforms, businesses no longer have to depend on developers to build applications. When applications can be developed without complicated and technical lines of code, it has a positive impact on the overall productivity of the company.
7. Increased automation in business processes
Business process automation (BPA) is here to stay and most businesses acknowledge that. As companies continue to seek ways to automate their business ideas, low-code software platforms put up a strong case to help them in this regard.
Right from customizing software to creating applications, low-code provides sufficient support and tools for employees to boost operational efficiency.
8. More business development, less application development
The onset of low-code tools has played a key role in reducing the time required to build websites and applications. Website builders and low applications pave the way for simplified application development. Hence, key stakeholders and employees can dedicate more time to the business aspects of the company.
9. Hello entrepreneurship
As more startup founders recognize the simplicity and benefits linked with low-code platforms, testing and trying out new ideas is no more a daunting feat. Besides, individuals who are looking to turn their ideas into a business can easily do so without having to invest in expensive IT consultants and agencies. Today, low-code platforms have opened the doors for affordable and streamlined application development.
10. Faster prototyping
Another major benefit of low-code software development is that even non-coders can create prototypes quickly. These prototypes can be easily evaluated, tested, and adjusted without assistance from software developers. Once the prototype is ready, you can compare it with similar concepts, add, or even discard a few aspects before delivering it to the developers.
Final words
Low-code platforms allow companies to save capital, adapt to market changes, be self-reliant, and be more dynamic. There is no doubt that these applications are expected to gain further traction in the coming year thanks to the benefits mentioned in this article.
Has your interest in low-code platforms increased after reading this piece? Leave your comments below to let us know.
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Sources:
[1] (2022) “Low Code Development Industry is Projected to Achieve a Global Market Size of US$ 187 Bn by 2032” Fact.MR [online] Accessed [July 2022]
[2] V. Lionel Sujay (2022) “Global low-code development platform market revenue 2018-2025” Statista [online] Accessed [July 2022]
