In software development, there is a new buzz around the corner – Low-Code No-Code development which is changing the traditional game industry. The low-code no-code development has dramatically shifted the traditional methods of software development. As per a report by Gartner, a lot of businesses, organizations, or enterprises are expected to utilize low code development for developing 70% of their applications.
There are many reasons why companies are switching to low-code no-code development. In this article, we will go through various aspects of no-code low-code development and how it is beneficial. Let’s delve and begin with the basics.
What are Low-Code No-Code Coding Platforms?
LCNC or Low-code No-code platforms allow development for people who don’t know how to write codes or have no time to code. These LCNC frameworks are built on existing coding languages such as PHP, Python, and Java. However, end users are not concerned with the specifics. In fact, the users are given virtual enterprise software development environments on which they can just build software using drag-and-drop program components, link them, and check what happens. In fact, Low-code No-code platforms can be used as a familiar wizard-style paradigm to build, test, and even deploy apps which are focused on simple usability.
Major Reasons Why Enterprises are Switching to Low-Code No-Code Platforms:
Here are major reasons why companies are exploring these platforms and are utilizing them in regular practice.
1. Faster Development Cycles:
The LCNC platforms allow for faster development vis-à-vis traditional coding methods. They have a visual interface and pre-built modules which simplify development. The developers are not required to start from scratch. They can use drag-and-drop functionality and predefined components for developing the functionality of an application. It is similar to building with blocks in which you just need to assemble and place the blocks at right places. As per Forrester, the speed of development with low-code development will be ten times faster than traditional coding methods.
2. Cost Savings:
As an enterprise, you can save a lot of money with LCNC platforms than traditional software development. It works in this way:
With LCNC platforms, you empower your existing team with domain knowledge but limited coding expertise to participate in the development process. This democratization will not just save costs but also foster innovation within your own ranks. The pre-built resources reduce development time and costs while still delivering high-quality applications.
As per Gartner, more than 65% of applications will be driven by low-code platforms.
3. Agile Adaptation:
In today’s technological era, there are rapid changes in the customers’ demands, tech landscape, and much more. Businesses are required to adapt quickly to these market demands. The LCNC platforms allow rapid changes and updates to applications, introduce new features, and address customer needs promptly. Thus, the businesses can easily gain a competitive edge in the market.
Gartner survey revealed that 75% of the enterprises who use LCNC development were able to quickly adapt to changing market demand.
4. Enhanced Collaboration:
NCLC platforms bring together business stakeholders, developers, and IT teams, enabling collaboration unlike ever before. They give a visual interface that allows non-technical users to actively engage in the development process. Imagine the power of collaboration!
The business stakeholders can also provide their market expertise and contribute to the design and functionality even with no knowledge of coding. They can visually define workflow, specify business rules, and contribute to the overall user experience.
5. Greater Accessibility:
There is no need to become a coding stalwart to develop software applications anymore. The LCNC platforms make development accessible to a wide range of individuals. Persons with limited technical skills can also contribute.
6. Improved Time-to-Market
Speed matters most in today’s highly competitive market. In application development, time-to-market can create a lot of differences. The low-code no-code platforms allow businesses to accelerate their development and stay ahead of the competition.
In comparison to traditional coding platforms, the time for development is significantly reduced. The LCNC platforms empower developers to work more efficiently and effectively, resulting in significantly reduced time-to-market.
As per a report by Forrester, low-code development can cut the average time-to-market by 30-40%.
7. Streamlined Maintenance:
There will be no more maintenance headaches. In the traditional code-based apps there is a need of extensive upkeep, but the maintenance tasks get simpler with LCNC platforms. With centralized control and visual interfaces, companies using LCNC platforms have reported a 70% reduction in maintenance efforts.
8. Scalability:
Scalability plays an important role in today’s applications who are looking for a brighter future. When the user base increases, the application should be able to accommodate the increased traffic, data, and functionality. The low-code no-code platforms come with extensive tools & capabilities to scale your apps seamlessly.
According to Gartner, by 2024, a huge 65% of development activity will be supported by Low-code no-code platforms.
9. Risk Mitigation:
With LCNC platforms there is a controlled and governed development environment. Thus, there is less risk of errors and security vulnerabilities. According to Forrester’s analysis, firms that adopted low-code development saw a considerable reduction in risk. They discovered that low-code platforms lowered the likelihood of significant application security breaches by 50%.
10. Integration Capabilities:
No application works alone in silo but instead, it requires integration of multiple other platforms. With low-code no-code platforms, you can seamlessly connect your apps with existing systems and databases.
Whether you want to integrate your app with CRM systems, ERP solutions, or any other third-party platform, you will face no issues with low-code no-code platforms.
Challenges Associated with Low Code No Code Platforms:
On the flip side, there are a few challenges that come up with LCNC platforms:
a. Reduced Flexibility:
In the traditional development process, developers can customize the applications as per the client’s requirements. However, in LCNC platforms, the built-in functionality somewhat restricts the developers from customization.
b. Security and Risk:
There is a huge dependency of LCNC platforms on platform providers to manage IT risks and security as they don’t have control over the source code. If these platform providers quit services, no security updates will be released. Thus, applications would be unable to resolve issues.
c. Vendor lock-in:
Applications built on a particular LCNC platform will find switching to a different platform difficult. This increases the dependency of the business on an individual LCNC provider. However, it is not applicable for in-house developed products.
Wrapping Up:
In this article, we have explored almost every major aspect of low-code no-code development and why the industry is switching to this development practice. There are tons of benefits and some easily overcomeable challenges. At Ebizneeds, the best software development company in India, we can provide you with the best software development services. Let us know your requirements.
