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Businesses are transforming and looking for quick ways to develop, deploy, test, and release new features more swiftly than ever. However, traditional development methods hinder an organization’s competitive advantage and innovation efforts. Imagine your competitor is ahead of embracing modern low-code development platforms to incorporate new features and you are still taking months to develop a prototype to convenience your stakeholders, investors, or VCs.
1. Are you feeling stuck and less productive in developing specific applications for certain processes or functions?
2. Are manual tasks such as data entry and workflow management taking up your team’s time and causing errors?
Enter low-code development platforms—a game-changing solution that enables businesses to transform their application development processes and achieve business transformation at scale.
The global low-code development platform market is expected to grow from $10 billion in 2019 to $187 billion by 2030, with a compound annual growth rate (CAGR) of 31%.
In this blog, we’ll explore 7 compelling reasons why low-code is becoming the preferred choice for enterprises and how it drives cost efficiency, agility, and innovation.
Top low-code development use cases:
- Forms or data-collection apps
- Apps that orchestrate business processes and workflows within apps
- Apps that replace paper, email, or spreadsheets
- Customizing new app UI for current on-premise applications
Why Do Businesses Need Low-code Development Platforms
1. Accelerated Development Cycles
Build Applications 10x Faster for Dynamic Business Needs
Low-code platforms revolutionize application development by significantly reducing development time. With pre-built templates, drag-and-drop interfaces, and visual workflows, businesses can develop apps in a fraction of the time compared to traditional methods.
For enterprises, this translates into the ability to adjust to business processes 10x faster. Imagine quickly deploying a customer feedback portal or automating internal workflows within days instead of months. This agility ensures businesses stay ahead of market changes and competitor actions.
Key Benefits:
- Rapid prototyping and iterative development for changing requirements.
- Faster response to business challenges and opportunities.
- Seamless updates and feature enhancements.
Low-code development platforms (LCDPs) are used to simplify and streamline the creation of business applications. They can reduce development time by 50–90% compared to coding languages.
2. Cost Efficiency and Resource Optimization
Develop Applications at 3x Lower Cost
Traditional application development often requires significant investments in skilled developers, IT infrastructure, and extended timelines. Low-code development platforms reduce app development costs by up to 3x, thanks to reusable components, automated processes, and reduced reliance on technical expertise.
How Low-Code Saves Costs:
- Minimized dependency on large development teams.
- No need for extensive infrastructure investments.
- Faster deployment reduces time-to-market, saving operational costs.
3. Democratization of Application Development
Empowering Citizen Developers for Greater Innovation
Low-code platforms are not just for IT departments—they empower non-technical users, or citizen developers, to create apps without writing code. This bridges the gap between business needs and technical implementation, fostering innovation across the organization.
Benefits of Empowering Citizen Developers:
- Faster delivery of business solutions by frontline users.
- Reduced dependency on IT for simple app requests.
- Enhanced collaboration between business and technical teams.
By 2025, 70% of new applications will use low-code or no-code technology. [Source]
4. Scalability and Flexibility
Low-Code Application Development Platforms Support Growing Business Needs
As businesses scale, their IT systems must adapt. Low-code platforms provide the scalability and flexibility to support evolving requirements. Enterprises can integrate low-code apps with existing ERP, CRM, and legacy systems while ensuring smooth performance during peak loads.
Key Features for Scalability:
- Compatibility with modern and legacy systems.
- Ability to handle increasing user demands without reengineering.
- Cross-platform development for web, mobile, and desktop apps.
Future-Proof Flexibility: Low-code solutions enable enterprises to scale quickly without massive reengineering efforts, whether launching new services or expanding globally.
5. Enhanced Productivity in Application Development
Achieve Productivity Gains with Automation and AI
Low-code application development platforms simplify complex development tasks, allowing teams to focus on innovation. By integrating automation and AI tools, low-code platforms enhance productivity and reduce errors.
How Productivity Improves:
- Automated workflows and error detection for faster testing and deployment.
- Unified development environments for seamless collaboration.
- AI-driven insights to optimize app performance and development cycles.
By 2029, enterprise LCAPs will be used for mission-critical application development in 80% of businesses globally, up from 15% in 2024. Gartner
6. Robust Compliance and Security
Addressing Security and Regulatory Challenges with Low-Code
Security and compliance are critical concerns for enterprises, particularly in industries like healthcare, finance, and retail. Low-code platforms integrate built-in security features such as data encryption, user authentication, and role-based access controls, ensuring regulatory compliance.
Why Low-Code Enhances Security:
- Pre-configured security protocols meet industry standards.
- Regular platform updates to address emerging vulnerabilities.
- Simplified compliance with GDPR, HIPAA, and PCI DSS requirements.
7. Cost-effective Backup and Disaster Recovery
Ensuring Business Continuity with Low-Code
Business continuity is critical in today’s fast-paced environment. Low-code development platforms offer integrated disaster recovery tools, automated backups, and real-time monitoring to safeguard applications and data.
Key Benefits:
- Faster recovery times during outages.
- Cost-efficient redundancy and backup strategies.
- Resilient apps that maintain uptime even during system failures.
Conclusion: Low-Code as the Engine of Business Transformation
Low-code platform adoption has become essential for modern enterprises seeking to balance flexibility, innovation, and cost optimization. By enabling faster development cycles, empowering citizen developers, ensuring scalability, and enhancing security, low-code platforms deliver measurable benefits for businesses of all sizes.
Listen to our podcast to learn more about how low-code platforms can transform your business operations and gain competitive advantage.
Listen to our podcast to learn more about how low-code platforms can transform your business operations and gain competitive advantage.
Listen to our podcast to learn more about how low-code platforms can transform your business operations and gain competitive advantage.
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