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How The Low-Code Movement Is Reshaping Software Market

How The Low-Code Movement Is Reshaping Software Market
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The world continues to witness widespread technological changes and improvements. The technological advances and market dynamics have contributed to a more advanced programming alternative driven by graphical platforms known as low-code. A revolutionary in programming, low-code from Creatio has reduced hand coding to nothing. Besides, it makes it much easier for unskilled users to build applications using the visual interface, which is why it grows in popularity.

Hand coding, a traditional coding system, was slow, investment intensive, and created a big divide between developers and non-developers. However, a new kind of movement is on the rise to empower non-tech professionals who want to gain control over shaping digital experiences. Low-code reduces the need for heavy IT skills in software development while making the process easier and shorter. Creatio supports the low-code movement and contributes plentiful benefits to the cloud programming system in reshaping the software market.

Businesses that use low code can create content and applications more efficiently as the tools require no technical expertise and do not require any coding knowledge. Besides, the platforms come with pre-built design components and templates that make it easier to recreate or reuse specific content types such as landing pages, buttons, and forms faster.

As the need for more agile solutions presses the software markets, enterprises pressure to roll out more and more content to keep customers engaged.

What Is The Low-Code Movement?

It is believed that the low-code movement began its slow and gradual revolution during the 1970s. It empowers users to become software builders by directly utilizing customer self-service tools to design and execute a digital strategy. IT resources are left for advanced projects, saving time and money.

How The Low-code Movement Is Changing The Software Market

1. Low-code Democratizes Digital Transformation

As businesses increasingly become digital, they depend on low code for safe transformation. They, therefore, rely on the standard code tools to move faster. Although low-code builders still depend to some extent on the code-based framework, the commands they perform are accomplished through drag-and-drop functions, visual tools, and self-service workflows.

2. Low-Code Assists Field Efforts

To monitor field tech operations, Toyota, for example, has implemented a low-code platform to improve the experience for automotive dealers and customers.

3. Low-Code To Optimize Oil Production

When oil prices crashed in 2014, ConocoPhillips Oil Company implemented a low-code development platform from Mendrix, whose developers worked with ConocoPhillips data scientists to build applications that helped increase oil production using less time and fewer resources.

4. Logistics Firm Leverages Low-Code For Insights

Trucking logistics concern GlobalTranz turned to Microsoft’s Power suite to build application functionality more quickly for its critical cost prediction model, which helped estimate the cost of goods shipments and other transportation pricing factors.

5. Low-Code Allows Marketers To Create Impactful Customer Experiences

The low-code movement is popularized by the desire for efficiency and agility in marketing. It shortens the marketing time, makes the process quicker, and enhances the customer experience.

Low code gives the author and the developer or the creator equal rights. This drives a complete transmission of the message and creates a more impactful customer experience.

Pros Of Low-Code

  • Improved agility: them being visual, creating apps with low-code allows for a more responsive, effective process.
  • Decreased costs: Building software and programs in less time saves companies a lot of money. It reduces the need for more developers, thus saving money on labor and employment, improving ROI
  • Better customer experience: Low-code innovation is quick and effective, allowing companies to keep pace with the dynamic customer tastes and preferences. Happier customers mean loyalty, and loyal customers create profit for life in business.
  • Tech talent gap: As the talent gap in tech expands, low-code allows companies to begin closing the gap without spending unnecessarily vast amounts of money.
  • Reduced development time: On average, users can minimize the development period of apps by ten times (compared to traditional methods). This brings products to market much faster.
  • Automation: Just like everything else in business and life, mechanization keeps things simple and avoids most drawbacks. Low-code has operational features that users can utilize to accelerate the development of products as well as empower business experts who know the silos of data and processes start to build up.

Cons Of Low-Code

If the list of merits has enthralled you to the extent that you’re ready to adopt low-code, don’t be too quick.

1. Most low-code platforms are difficult to master quickly.

2. Scalability, high performance, high quality and other non-functional requirements are usually not very easy to meet with low-code.

3. The modular components in low-code platforms curtail your ability to customize the apps. Low-code may require you to change business processes to meet their capabilities, thus posing an inconvenience to you.

Is Low-Code The Future of Application Development?

According to a prediction by Gartner, by 2023, over 50% of medium to large enterprises are expected to adopt low-code as one of their strategic application platforms. Low code will, therefore, gain more dominance in the app development space. Also, low-code will be responsible for more than 65% of application development activity by 2024. Besides, the trends are much coupled with the COVID-19 outbreak making it more necessary for entrepreneurs to develop more versatile business solutions.

Regardless of company size, low-code tools level the playing field. It, therefore, giving organizations of all sizes the power to do more with their existing resources.

Why Low-Code Is The Future?

It reduces IT complications & costs by doing away with traditional IT development burdens, strengthening security, and standardizing governance on one platform as opposed to doing it across many applications.

Reduced time taken to develop an app means your team gets to the production phase even faster. This is a plus for the developers because they can quickly and conveniently introduce an app into the software market speedily and conveniently.

The Low-code movement has made it possible to work without a background to build applications that bring full automation to reality in the cheapest possible manner, thus saving on resources.

Low-code, robust security processes, cross platform support, and data integration are already built, meaning you can customize them easily.

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