In the digital age, enterprises across industries are turning to low-code development to ensure they stay competitive. Low-code development is a type of software development that utilizes visual user interfaces and other pre-built components to quickly and efficiently create applications without requiring extensive coding knowledge or experience. By leveraging low-code development, enterprises are able to streamline digital transformation projects, automate processes, and save time and money. Low-code app development company offers a number of benefits, such as reduced development costs, faster delivery times, and greater scalability—all of which can be incredibly valuable to a business looking to stay ahead of the competition. In this article, we’ll explore how low-code development can be used to streamline digital transformation and process automation in the enterprise.
Advantages of low-code development
Low-code development offers a number of advantages that can help businesses across industries. Here are the top 5 advantages of low-code development:
Benefits of low-code development for digital transformation and process automation
Low-code development can help simplify digital transformation initiatives and accelerate process automation efforts. Here are 3 key benefits of low-code development for these initiatives: – Reduced costs – Because low-code development reduces the need for custom development, it also reduces the associated costs. Organizations using low-code development can expect to see savings ranging from 20 to 50 percent compared to traditional development. – Faster delivery times – One of the biggest benefits of low-code development is that it enables organizations to dramatically speed up software delivery times. Low-code development allows businesses to complete their projects up to 20 times faster than with custom development. – Greater scalability – Low-code development can be easily scaled to meet the needs of growing organizations. Low-code development allows you to use your existing technology, while also enabling you to easily add new technology as your business grows. This can be particularly valuable when organizations are looking to scale their digital transformation initiatives across multiple departments.
Examples of successful low-code development projects
Low-code development can be used to streamline everything from digital transformation initiatives and process automation efforts to customer experience initiatives. Here are a few examples of successful low-code development projects: – Transportation and logistics company JDA Logistics replaced its legacy transportation management system (TMS) with a low-code TMS that could be scaled across its global operations. The company’s low-code TMS helped reduce the time and resources required for new order creation by 83 percent, while also reducing the time required for customer service inquiries by 90 percent. – Automotive manufacturer BMW reduced the time it took to bring a new vehicle to market from seven years to just four months by using low-code development. The company also used low-code development to simplify its data collection process and improve the customer experience. – Insurance company Prudential created a new customer experience platform using low-code development. The company quickly and affordably built the new platform to enable customers to manage their insurance policies online.
Challenges of low-code development
While low-code development offers a number of benefits, it is not without challenges. Here are some of the most common challenges associated with low-code development: – Lack of enterprise-wide standards – One of the biggest challenges of low-code development is that it is not standardized across the enterprise. Since there is no standard way to create low-code apps, teams often struggle to collaborate with one another. – Lack of training and support – Many organizations also struggle to find qualified employees to implement low-code development projects. Not only do companies need to find employees who are skilled in low-code development, but they also need to make sure those employees have the proper training and support to succeed. – High risk of rework – Low-code development also presents a significant risk of rework. The nature of this type of development means that the discovery process is often unstructured, which increases the likelihood that teams will need to go back and make changes to their apps.
Best practices for low-code development
While low-code development can be incredibly valuable to organizations looking to transform and automate their business processes, it is important to follow a few key best practices to ensure success: – Select a low-code development platform that supports your organization’s unique needs. – One of the most important decisions when implementing low-code development is choosing the right platform. Before selecting a platform, organizations should first determine what unique needs they have and how much functionality they need in their apps. – Choose a low-code vendor with experience in your industry. – It can be tempting to choose a low-code vendor that offers low-cost, off-the-shelf solutions. However, it is important to instead choose a vendor with experience in your industry. This will help ensure that the vendor can meet your organization’s unique requirements. – Incorporate low-code development into your existing enterprise transformation methodology.
The future of low-code development
Low-code development is only expected to grow in popularity in the coming years. To maximize the benefits associated with low-code development, organizations will need to first overcome two key challenges: – The need for enterprise-wide standards – To ensure that low-code development is effectively leveraged across the enterprise, organizations will need to agree on standards for building and implementing low-code apps. This will help ensure that organizations can effectively collaborate with one another and deliver better customer experiences. – The need for better collaboration and automation tools – The low-code development process is currently very manual, which means that teams often struggle to deliver apps in a timely manner. Organizations that want to accelerate the low-code development process will first need to invest in collaboration and automation tools that can streamline the process.
Low-code development can help organizations simplify digital transformation initiatives, accelerate process automation efforts, and improve customer experiences. However, it is important to select a vendor with experience in your industry and follow a few key best practices to ensure success.