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27 July 2023

The Increasing Importance of Low-Code Platforms in Today’s Digital Age

The dawn of the digital age has irreversibly changed our lives. From the way we communicate, shop, learn, work, and relax, everything now spins around digital platforms.

In this ever-expanding digital landscape, businesses are under increasing pressure to speed up their digital transformation initiatives. However, the complexity of software development and a persistent shortage of skilled developers often impede their progress.

This is where low-code platforms enter the scene.

They are providing a new paradigm, empowering non-technical employees to create applications rapidly, bypassing the traditional roadblocks of software development.

This article will delve into the increasing importance of low-code platforms in today’s digital age.

Understanding Low-Code Platforms

Low-code platforms are tools that allow users to develop software applications with little to no coding. They leverage graphical user interfaces, drag-and-drop modules, and prebuilt templates, enabling non-technical users to build functional applications. These platforms are designed to automate and simplify complex aspects of software development, thus accelerating the process and reducing the need for extensive coding expertise.

The Rise of Low-Code Platforms

The past decade has witnessed an exponential rise in the use of low-code platforms. According to a Gartner report, by 2024, low-code application development will be responsible for more than 65% of application development activity. This upsurge can be attributed to several factors:

  1. Increased Agility: Low-code platforms speed up the application development process, reducing it from months or years to just a few days or weeks. This agility is invaluable in today’s fast-paced digital environment where the ability to respond quickly to market changes can be a key competitive advantage.
  2. Bridging the Skill Gap: The demand for software developers far outstrips supply. Low-code platforms empower non-technical users to become citizen developers, effectively addressing this skill gap.
  3. Cost Efficiency: Low-code development can drastically cut the costs of software development by reducing the need for a large team of specialised programmers and shortening the development time.
  4. Innovation and Digital Transformation: With the ability to quickly prototype and iterate, low-code platforms foster a culture of innovation. They are becoming an important tool in the digital transformation strategies of many organisations.

Case Studies

1. Siemens and Low-Code Development

Siemens, a global powerhouse in industrial manufacturing, turned to low-code platforms to accelerate their digital transformation. Using low-code platforms, Siemens developed more than 100 applications within the first year, achieving a 50% reduction in development costs. This allowed Siemens to rapidly digitise various operations, improving their efficiency and customer service.

2. The Government of New South Wales

Facing a rising demand for digital services, the government of New South Wales adopted low-code platforms. They quickly developed and deployed numerous applications, enhancing citizen engagement, and improving the delivery of public services. Low-code platforms not only enabled the government to meet the rising demand but also allowed them to do so cost-effectively.

The Road Ahead

In terms of the road ahead, low-code platforms are set to gain further prominence. The integration of AI and machine learning into these platforms is the next step, potentially enabling automatic code generation and optimisation. This could revolutionise software development, further democratising the process and empowering more people to create software.

The digital age is in full swing, and the demand for faster, more efficient software development is growing every day. In this scenario, low-code platforms offer an effective solution, allowing businesses to accelerate their digital transformation, foster innovation, and stay competitive.

However, the full potential of low-code platforms can only be realised when they are adopted and implemented effectively. For businesses and organisations, it is time to understand and embrace these platforms, invest in training for their teams, and integrate low-code platforms into their overall digital strategy.

In an increasingly digitised world, the ability to rapidly develop and deploy software can be the key to success.

Low-code platforms offer this ability, democratising software development and opening new avenues for innovation. So, take the leap and ride the wave of low-code platforms. Embrace this powerful tool and make it a cornerstone of your digital journey. Because in today’s digital age, standing still is not an option.

Commitment to Your Low-Code Success

Looking for a low-code partner? Velocity is here to help. We provide businesses with a versatile and intuitive low-code platforms that guarantees project success.

Our solutions simplify complex coding tasks into straightforward, drag-and-drop actions, allowing rapid application development, regardless of the user’s technical proficiency.

At Velocity, we provide bespoke low-code solutions tailored to your specific business needs, ensuring alignment with your objectives and processes. Our dedicated team of experts is always available to guide you, from concept to launch, fostering an environment of support and learning. With over 15 years’ low-code experience, Velocity adheres to the highest industry standards and integrates robust security measures to safeguard your applications. And as your business grows, our low-code platform seamlessly scales up, catering to your expanding needs without necessitating costly investments.

Choose Velocity as your low-code partner, and unlock the full potential of digital transformation, driving efficiency, innovation, and success.

Choose Velocity as your low-code partner