4 reasons why no code and low code platforms will be the new normal in software development?

The “low-code, no-code platforms” are the hottest topics in the field of software development, and many companies, irrespective of the industry they operate in, are now familiar with them and are increasingly adopting them in their business operations. Low-code and No-code platforms help companies build functional and aesthetic digital platforms with little to zero user coding inputs in a short time span. As the market gets increasingly digital, companies rely more on the IT team for their core business operations. It is not an exaggeration to say that every company is now a digital company, and our dependency on the IT team will only increase in the future. In such a scenario, companies are increasingly adopting these revolutionary IT platforms as they help them solve one of the most compelling problems in the marketplace- finitude of time.

Time is a crucial resource for companies of all size and scale, and in a digital economy where brands are trying to capture the value of digital to its fullest, low code and no code platforms helps them do that at relatively lower costs, time, and efforts.

So, it’s not a surprise when Gartner predicted that low code and no code platforms will grow by 21% in the previous year. By the end of this decade, low code and no code platforms is expected to generate a whopping $187 billion in revenue! Given the hype around these platforms, our software architects predict that adopting these platforms will be the new normal in the near future.

We’ve compiled a list of the top 4 reasons as to why business leaders and technocrats think these platforms will dominate the business landscape.

Security in low code/no code

When these platforms were at their infancy, technologists and digital experts were quick to point out the weak defense it had to cyberthreats despite these platforms simplifying the workflow. And they were right to worry about it, too! But as the digital space evolved, low code and no code platforms addressed these security concerns in their frameworks, and top technology companies are now including these platforms in their business and IT strategies. For IT teams to include these platforms in their strategy, they can extend their current cybersecurity framework to these low-code and no-code platforms.

Remote work, training costs, and talent retention

Companies had to spend a lot of money, time, and other resources in IT training, establishing guidelines, finding the right talent in the market, etc. Ever since remote work got normalized, companies find it difficult for the collaboration of non-IT and IT teams. However, low-code and no-code platforms help companies save costs on all these areas by simply empowering the non-IT teams to develop their own business applications with little to no dependency on the developers.

Embracing hyperautomation

According to Gartner's "Top Strategic Technology Trends for 2022," both deployment and investment in hyperautomation will increase significantly during the following three years. Organizations may "rapidly discover, vet, and automate as many business and IT activities as feasible" thanks to business-driven hyperautomation. Tools with low-code or no-code are positioned to take the lead in this arms race towards hyperautomation. Organizations that approach hyperautomation from a centralized, coordinated perspective will be able to uncover new efficiencies that directly align with their corporate objectives.

Faster market to time

The idea of composable enterprise put forward by Gartner is being widely adopted by companies across the globe. For a composable enterprise, a digital platform, say an application, will be broken down into multiple components, and different teams could work on different aspects of the application, drastically reducing the time it takes for the product to enter the market. Low-code and no-code platforms can further reduce the GTM. Many IT teams have been leveraging these platforms to bypass through million of lines of code to perform a simple operation. By shifting to these platforms, they can leverage the visual interface to build functionalities instantly which otherwise would take hours or even days!

So, which platform should you go with- no code or low code?

When it comes to building professional-grade apps for both businesses and consumers, low-code is a great option for companies starting their digital transformation. On the other hand, no-code platforms may be a great approach to spur organizational innovation by giving every business a platform to implement fresh and innovative ideas. However, as the line separating low-code and no-code platforms is starting to blur, these platforms are democratizing the ability to code among various segments of the people, and help them be more fluid in the age of digital.

To know more about software development and how you can build inclusive and resilient digital products, check out this article - Let’s solve for the user: How can product development teams build more inclusive digital products?