FEATURE
THE FUTURE OF APPS LOW-CODE DEVELOPMENT PLATFORMS THAT ACCELERATE APPLICATION DEVELOPMENT AND DELIVERY ARE OFFERING IT NIMBLE WAYS TO MOVE THE BUSINESS FORWARD. ARE YOU READY TO JOIN THE NEW REVOLUTION?
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ow-code development platforms allow enterprises to build mobile and web applications through a graphical user interface and automate most of the manual processes to improve quality and time to deployment. For CIOs struggling with shrinking IT budgets and skills shortage, the low-code platform offers a way to modernise their legacy applications and create responsive solutions that meet business users’ needs. According to Research and Markets, the global market for low-code platforms is expected to reach around $53.07 billion by 2024, driven by factors such as the
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CXO INSIGHT ME
JUNE 2020
increasing demand for customisation, scalability, and robust solutions. What is behind this rapid growth? “With the increasing adoption of enterprise application software, there is a surge in the low-code and no-code application platforms in the market. Organisations are leveraging much more agile application development practices to quickly modernise their business applications, which not only saves cost and time but also eradicates the challenges related to software development skillsets,” says Manish Ranjan, Program Manager for Software & Cloud at IDC Middle East, Turkey and Africa.
He adds using low-code or/and no-code application platforms, CIOs can drive their digital transformation initiatives and also resolve their key challenges highlighted earlier. Using low-code, CIOs can modernise any business applications without re-building their existing ones and that too, with much less time, within days and weeks. With this, CIOs can also accelerate on their time to market and gain a business advantage over other competitors. Low-code platforms can also help IT decision-makers in creating a truly customer-centric organisation and fostering business collaboration. “Low-
