×

iFour Logo

How Low Code Development is Driving Innovation in Software Companies?

Kapil Panchal - March 18, 2023

Listening is fun too.

Straighten your back and cherish with coffee - PLAY !

  • play
  • pause
  • pause
How Low Code Development is Driving Innovation in Software Companies?

Software development has become a crucial engine of innovation across businesses where technology is evolving at a rapid pace. Traditional custom software development, on the other hand, maybe slow, tedious, and expensive, requiring highly qualified professionals to build code from scratch. To get rid of this, organizations require an exceptional solution that not only saves their budget but also their time.

Presenting low-code development, a game-changing approach to enterprise software that is quickly gaining traction in leading software firms.

With its drag-and-drop interfaces and pre-built components, low-code development promises to simplify software development and enable businesses to build and deploy applications faster than ever before.

Let's look at the key reasons for its intensive popularity caught from SMEs to Fortune 500 corporations.

Easy to transform into digital and meet customer expectations


In the past, software development was a costly and time-consuming process that remained in the hands of IT professionals. In today’s digital world, this mode of operation is not sustainable for many businesses. It is especially a problem for businesses trying to develop digital transformation strategies or struggling to meet customer expectations.

This is why many IT leaders are turning to low-code development platforms, which help them create apps quickly and efficiently without coding. These platforms often include intuitive graphical user interfaces (GUI) or drag-and-drop tools that make it easy for non-technical people to create applications.

Looking to hire a Low code Power Apps consulting company for your business?

What makes Low code development more reliable?

A low-code platform connects reusable components and third-party application program interfaces (APIs) to build business apps. The platform allows you to use a visual IDE or drag-and-drop tool to combine pre-built building blocks with your data and business rules. These reusable components can be used in multiple ways for various processes, which can help you save time and money. Some platforms also have API adapters, which let you build connections to other systems.

 
v low code development life cycle
 

The best of the Low code development industry

A large number of top-tier software companies have recognized the growing need for applications to support business innovation. This has led to the rise of citizen developers outside IT who can build these apps by themselves. This new wave of talent has triggered the growth of low-code development. In fact, Gartner believes that more than half of the total custom software development is now done by citizen developers outside IT.

Standardization is another key benefit of low code because well-designed platforms often include a set of standardized components and a common development process. This can help IT teams consistently maintain the software. This can also make it easier to implement changes and maintenance.

- Jitesh Keswani, CEO of e intelligence

Reduces costs while speeding up software development


Low code development is a term for software development approaches that require a relatively low amount of code, as compared to traditional software development approaches. Low code development has gained traction in recent years as businesses have sought to find ways to reduce the time and cost of software development.

One of the primary benefits of low code development is that it can help businesses speed up the software development process. This is because low-code development approaches typically require less code, development approaches to build an emerging digital product that is more tailored to their specific needs.

 
low code development usage reasons
 

Another benefit of low code development is that it can help businesses reduce software development costs. This is because businesses can often create software more quickly with low code development, which means that they do not need to hire as many developers. Additionally, businesses can often use low code development approaches to create software that does not require as much customization, which can reduce the cost of development.

Planning to hire .NET Core developer for your business?

Overall, low code development has become increasingly popular in recent years as businesses have sought to find ways to speed up the process of software development and reduce the cost of development.

- Donald Lewis, Sr. Developer at Indivisible Game

Minimal technical knowledge and resources needed


Low code development has gained traction in major software companies for several reasons, including the ability to quickly develop applications with minimal technical knowledge and resources needed, flexibility across different platforms, decreased cost of coding projects due to reduced number of human resources required, faster time-to-market speeds when compared to traditional development life cycles, and increased user satisfaction with end products. With the potential of increased overall efficiency that comes from low code development, it's no wonder this technology is gaining so much popularity in the software industry. Companies are looking for ways to be more productive and cut costs while delivering quality software solutions promptly - all factors that low code can help them achieve.

 

- Isabella Gordan, CEO of Sleep Society

It allows for the rapid iteration of ideas


Low Code Development has grown increasingly popular amongst major software companies due to its ease of use and flexibility. This type of development environment allows for rapid iteration of ideas and cuts down significantly on the amount of time needed to deploy software projects. Further, Low Code Development simplifies the user experience, making it easy for developers to put together more complicated systems with minimal technical knowledge. What's more, Low Code is highly cost-effective since fewer resources such as developers are needed to realize projects. For these reasons, Low Code Development has found wider acceptance among software companies that need fast, cost-efficient solutions.

- Troy Portillo, Director of Operations of Studypool

Deploy applications in shorter sprints


In short, low-code application construction allows high-performance applications to be created with limited or no coding skills needed. This makes it tremendously advantageous for businesses of all sizes that desire to craft solutions quickly without devoting time and resources to teaching.

Software developers or recruiting pricey coders.

  • Low code development is a procedure that enables businesses to create digital applications quickly and economically.
  • It allows developers to assemble pre-built blocks of code instead of writing extensive lines, making it easier for those without coding expertise.
  • Leveraging the latest technology, teams can rapidly replicate processes with version control and deploy applications in shorter sprints using fewer personnel - drastically increasing efficiency.
  • This ensures fast execution over competitors, reaping the rewards economically!
- Kristoffer Thun, Owner of Kristofferathun.com

Advanced system set-up with minimal effort


Low-code development is a way of building applications using minimal amounts of code due to the availability of visual development tools. By reducing the need for manual coding, businesses can save time and money while setting up their operations. While low-code has existed in different forms for many years, it has been gaining popularity recently as organizations are looking for faster ways to develop and implement software solutions. Low-code allows companies to quickly create sophisticated web apps, mobile apps, and enterprise resources with very little coding required, allowing businesses to set up advanced systems with minimal effort. Organizations are increasingly utilizing the low-code development process as a viable way to reach their goals faster than ever before.

- Josh Snead, CEO of Rainwalk Pet Insurance

Increased work efficiency and productivity


Low code development has gained traction in major software companies due to several factors:

Increased efficiency and productivity: Low code platforms allow for faster and more efficient development processes, enabling companies to build and deploy applications quickly.

Improved collaboration and alignment: Low code platforms provide a visual and interactive interface, which makes it easier for non-technical stakeholders to collaborate and align with the development team.

 
low code usage by business unit
 

Reduced costs: Low code platforms eliminate the need for writing extensive amounts of code, reducing the costs associated with traditional software development methods.

Accessibility to a broader range of developers: Low code platforms lower the barriers to entry for developing software, allowing a broader range of individuals, including those without extensive technical expertise, to build and deploy applications.

Overall, low code development has become a popular solution for companies looking to speed up their development processes, reduce costs, and make software development available to a broader spectrum of people.

- Ilam Padmanabhan, Founder of Ilampadman.com

Decreases the strain of software maintenance


I would suggest that Low-code application development reduces the entrance barrier for innovation. Now, anyone without coding skills may design digital products. Additionally, it accelerates development processes. Instead of weeks, flawlessly working items and visually attractive designs may be generated in minutes. That is a game-changer. We are constructing a universe in which every company concept may be automated in minutes. This is the most exciting advantage that low-code development offers to businesses. Within five years, everyone will be a developer due to technological advancements. From software modification to complicated applications, low-code is able to empower every employee with effective tools for enhancing operational efficiency. By separating the onerous plumbing work from day-to-day development, low-code development decreases the strain of software maintenance. Now that components are standardized, pretested, and complete, there are far fewer errors and integration problems than in the past. By devoting less effort to maintenance, developers are able to concentrate on new work that generates higher economic value.

- Abdul Saboor, Full Stack Developer at The Stock Dork

Bridges the gap between IT and business teams


I would suggest that most IT departments cannot keep up with the continual demand for software and applications in the modern day. Native developers are non-professionals who create commercial applications using current technologies sanctioned by enterprise IT. With fewer lines of code and a streamlined development process, native developers can rapidly construct vital applications. This building-block strategy reduces development time, which expedites time-to-value. Low-code development bridges the gap between IT and business teams so that both may address company-impacting, real-world concerns.

low code development market 2022

Teams inside an organization can construct their own apps without waiting for developers. Removing difficult code enables access to more team members, regardless of ability level, hence increasing productivity. New concepts may be introduced and refined more rapidly. Due to a shorter learning curve, it will provide consumers with access to technical or commercial knowledge, such as data analysis, machine learning, and app development. Highly sophisticated tools and systems are no longer exclusive to senior developers.

- Matt Magnante, Content Strategist at FitnessVolt

Low-code development allows non-technical users to participate in the software development process. Business users may develop applications through visual interfaces and drag-and-drop features using low-code platforms, removing the requirement for considerable coding skills. This strategy enables business teams to swiftly design solutions that match their specific needs, decreasing dependency on IT staff and allowing them to focus on more challenging technical issues. Businesses may use low-code development to optimize their software development processes, speed application delivery, and increase cooperation between IT and business teams. Finally, this method enables firms to be more adaptable and responsive to changing market needs.

- John brooks, writer at Livetechspot

It allows for continuous integration and delivery


Why has Low Code Development gained traction in major software companies? The main reason is because it enables rapid application development (RAD). With low code development platforms, organizations can develop applications much faster and with less expensive resources. For example, a company that wants to develop a mobile app can do so without having to hire expensive developers and designers. Another reason is that low code development platforms make it easier for non-technical users to create custom applications. This is because the platforms provide drag-and-drop interfaces and other visual tools that make application development more user-friendly. As a result, companies can get custom applications up and running quickly, without having to rely on IT departments or external developers.

Finally, low-code development platforms are becoming increasingly popular because they offer a number of advantages over traditional application development techniques. For instance, they allow for continuous integration and delivery, which means that applications can be updated and released more frequently. They also tend to be more scalable and flexible, which is ideal for organizations that are growing or have complex requirements.

- Ivan Marusic, CEO of RPG Overload

A one-stop solution for the best Excel Add-ins development

Low-code development has gained traction in major software companies because it addresses several key challenges faced by businesses and IT departments. Some of the reasons why low-code development has become popular are:

  1. Speed and Efficiency: Low-code development allows businesses to build applications faster, reducing the time to market and enabling quick iteration.
  2. Accessibility: Low-code development makes it possible for non-technical personnel to participate in the development process, increasing the pool of potential developers and reducing the reliance on IT.
  3. Cost Savings: Low-code development can reduce the cost of software development, as it requires less manual coding, testing, and deployment.
  4. Flexibility: Low-code development platforms are highly flexible and can be used to build a wide range of applications, from simple workflows to complex business systems.
  5. Scalability: Low-code development platforms can scale to meet the needs of growing businesses, making it possible to rapidly add new features and capabilities as needed.

These benefits have made low-code development a popular choice for companies looking to improve their software development process and drive innovation.

- Aleksei Kankov, Sr. Backend Developer - Kankov

Removes the risk of releasing untested products


  • Low Code (and even No Code) has become a massive trend in the last 5 years, with VC-backed companies like Bubble (web No Code) and Tapcart (mobile No Code) leading the way.
  • Low Code Development is a way to test, iterate, and launch products in rapid succession, while avoiding long development and feedback cycles. Given this economic climate, having quick feedback from your customer base will reduce the risk of launching products that people aren't prepared to buy.
  •  It reduces the barrier to entry, allowing employees at organizations (such as ones who have not traditionally studied as software developers) to identify opportunities and create products, without mobilizing large amounts of financial and human capital to do so.
  •  The trend of Low Code is not just in major software companies but has gone upstream to earlier parts of the tech ecosystem, such as incubators and accelerators, where founders are encouraged to launch Low Code or No Code products before investing in a CTO and/or developer team.
- Cherry Rose, Owner of Cherry Rose Tan

Conclusion


Low Code Development is transforming modern enterprises and software organizations alike. It helps enterprises remain ahead of the competition while providing value to clients faster than ever before by letting teams create apps more efficiently and swiftly.

This is Part 1 of low-code development series and the reasons behind its acceptance. Here, we have discussed the key reasons why low-code software development is becoming popular in the market. Check out the next section of this article to discover more about its importance in the IT business.

How Low Code Development is Driving Innovation in Software Companies? Software development has become a crucial engine of innovation across businesses where technology is evolving at a rapid pace. Traditional custom software development, on the other hand, maybe slow, tedious, and expensive, requiring highly qualified professionals to build code from scratch. To get rid of this, organizations require an exceptional solution that not only saves their budget but also their time. Presenting low-code development, a game-changing approach to enterprise software that is quickly gaining traction in leading software firms. With its drag-and-drop interfaces and pre-built components, low-code development promises to simplify software development and enable businesses to build and deploy applications faster than ever before. Let's look at the key reasons for its intensive popularity caught from SMEs to Fortune 500 corporations. Easy to transform into digital and meet customer expectations In the past, software development was a costly and time-consuming process that remained in the hands of IT professionals. In today’s digital world, this mode of operation is not sustainable for many businesses. It is especially a problem for businesses trying to develop digital transformation strategies or struggling to meet customer expectations. This is why many IT leaders are turning to low-code development platforms, which help them create apps quickly and efficiently without coding. These platforms often include intuitive graphical user interfaces (GUI) or drag-and-drop tools that make it easy for non-technical people to create applications. Looking to hire a Low code Power Apps consulting company for your business? React out us What makes Low code development more reliable? A low-code platform connects reusable components and third-party application program interfaces (APIs) to build business apps. The platform allows you to use a visual IDE or drag-and-drop tool to combine pre-built building blocks with your data and business rules. These reusable components can be used in multiple ways for various processes, which can help you save time and money. Some platforms also have API adapters, which let you build connections to other systems.   v   The best of the Low code development industry A large number of top-tier software companies have recognized the growing need for applications to support business innovation. This has led to the rise of citizen developers outside IT who can build these apps by themselves. This new wave of talent has triggered the growth of low-code development. In fact, Gartner believes that more than half of the total custom software development is now done by citizen developers outside IT. Standardization is another key benefit of low code because well-designed platforms often include a set of standardized components and a common development process. This can help IT teams consistently maintain the software. This can also make it easier to implement changes and maintenance. - Jitesh Keswani, CEO of e intelligence Read More: 11 Reasons Why React.js is Still Popular in 2023? Reduces costs while speeding up software development Low code development is a term for software development approaches that require a relatively low amount of code, as compared to traditional software development approaches. Low code development has gained traction in recent years as businesses have sought to find ways to reduce the time and cost of software development. One of the primary benefits of low code development is that it can help businesses speed up the software development process. This is because low-code development approaches typically require less code, development approaches to build an emerging digital product that is more tailored to their specific needs.     Another benefit of low code development is that it can help businesses reduce software development costs. This is because businesses can often create software more quickly with low code development, which means that they do not need to hire as many developers. Additionally, businesses can often use low code development approaches to create software that does not require as much customization, which can reduce the cost of development. Planning to hire .NET Core developer for your business? Contact us now Overall, low code development has become increasingly popular in recent years as businesses have sought to find ways to speed up the process of software development and reduce the cost of development. - Donald Lewis, Sr. Developer at Indivisible Game Minimal technical knowledge and resources needed Low code development has gained traction in major software companies for several reasons, including the ability to quickly develop applications with minimal technical knowledge and resources needed, flexibility across different platforms, decreased cost of coding projects due to reduced number of human resources required, faster time-to-market speeds when compared to traditional development life cycles, and increased user satisfaction with end products. With the potential of increased overall efficiency that comes from low code development, it's no wonder this technology is gaining so much popularity in the software industry. Companies are looking for ways to be more productive and cut costs while delivering quality software solutions promptly - all factors that low code can help them achieve.   - Isabella Gordan, CEO of Sleep Society It allows for the rapid iteration of ideas Low Code Development has grown increasingly popular amongst major software companies due to its ease of use and flexibility. This type of development environment allows for rapid iteration of ideas and cuts down significantly on the amount of time needed to deploy software projects. Further, Low Code Development simplifies the user experience, making it easy for developers to put together more complicated systems with minimal technical knowledge. What's more, Low Code is highly cost-effective since fewer resources such as developers are needed to realize projects. For these reasons, Low Code Development has found wider acceptance among software companies that need fast, cost-efficient solutions. - Troy Portillo, Director of Operations of Studypool Read More: Serverless Computing with .NET Core: A Must-try for companies in 2023 Deploy applications in shorter sprints In short, low-code application construction allows high-performance applications to be created with limited or no coding skills needed. This makes it tremendously advantageous for businesses of all sizes that desire to craft solutions quickly without devoting time and resources to teaching. Software developers or recruiting pricey coders. Low code development is a procedure that enables businesses to create digital applications quickly and economically. It allows developers to assemble pre-built blocks of code instead of writing extensive lines, making it easier for those without coding expertise. Leveraging the latest technology, teams can rapidly replicate processes with version control and deploy applications in shorter sprints using fewer personnel - drastically increasing efficiency. This ensures fast execution over competitors, reaping the rewards economically! - Kristoffer Thun, Owner of Kristofferathun.com Advanced system set-up with minimal effort Low-code development is a way of building applications using minimal amounts of code due to the availability of visual development tools. By reducing the need for manual coding, businesses can save time and money while setting up their operations. While low-code has existed in different forms for many years, it has been gaining popularity recently as organizations are looking for faster ways to develop and implement software solutions. Low-code allows companies to quickly create sophisticated web apps, mobile apps, and enterprise resources with very little coding required, allowing businesses to set up advanced systems with minimal effort. Organizations are increasingly utilizing the low-code development process as a viable way to reach their goals faster than ever before. - Josh Snead, CEO of Rainwalk Pet Insurance Increased work efficiency and productivity Low code development has gained traction in major software companies due to several factors: Increased efficiency and productivity: Low code platforms allow for faster and more efficient development processes, enabling companies to build and deploy applications quickly. Improved collaboration and alignment: Low code platforms provide a visual and interactive interface, which makes it easier for non-technical stakeholders to collaborate and align with the development team.     Reduced costs: Low code platforms eliminate the need for writing extensive amounts of code, reducing the costs associated with traditional software development methods. Accessibility to a broader range of developers: Low code platforms lower the barriers to entry for developing software, allowing a broader range of individuals, including those without extensive technical expertise, to build and deploy applications. Overall, low code development has become a popular solution for companies looking to speed up their development processes, reduce costs, and make software development available to a broader spectrum of people. - Ilam Padmanabhan, Founder of Ilampadman.com Looking for a reliable Office Add-Ins Development Company? Connect us now Decreases the strain of software maintenance I would suggest that Low-code application development reduces the entrance barrier for innovation. Now, anyone without coding skills may design digital products. Additionally, it accelerates development processes. Instead of weeks, flawlessly working items and visually attractive designs may be generated in minutes. That is a game-changer. We are constructing a universe in which every company concept may be automated in minutes. This is the most exciting advantage that low-code development offers to businesses. Within five years, everyone will be a developer due to technological advancements. From software modification to complicated applications, low-code is able to empower every employee with effective tools for enhancing operational efficiency. By separating the onerous plumbing work from day-to-day development, low-code development decreases the strain of software maintenance. Now that components are standardized, pretested, and complete, there are far fewer errors and integration problems than in the past. By devoting less effort to maintenance, developers are able to concentrate on new work that generates higher economic value. - Abdul Saboor, Full Stack Developer at The Stock Dork Bridges the gap between IT and business teams I would suggest that most IT departments cannot keep up with the continual demand for software and applications in the modern day. Native developers are non-professionals who create commercial applications using current technologies sanctioned by enterprise IT. With fewer lines of code and a streamlined development process, native developers can rapidly construct vital applications. This building-block strategy reduces development time, which expedites time-to-value. Low-code development bridges the gap between IT and business teams so that both may address company-impacting, real-world concerns. Teams inside an organization can construct their own apps without waiting for developers. Removing difficult code enables access to more team members, regardless of ability level, hence increasing productivity. New concepts may be introduced and refined more rapidly. Due to a shorter learning curve, it will provide consumers with access to technical or commercial knowledge, such as data analysis, machine learning, and app development. Highly sophisticated tools and systems are no longer exclusive to senior developers. - Matt Magnante, Content Strategist at FitnessVolt Low-code development allows non-technical users to participate in the software development process. Business users may develop applications through visual interfaces and drag-and-drop features using low-code platforms, removing the requirement for considerable coding skills. This strategy enables business teams to swiftly design solutions that match their specific needs, decreasing dependency on IT staff and allowing them to focus on more challenging technical issues. Businesses may use low-code development to optimize their software development processes, speed application delivery, and increase cooperation between IT and business teams. Finally, this method enables firms to be more adaptable and responsive to changing market needs. - John brooks, writer at Livetechspot Read More: Top 15 Add-ons for Outlook to enhance data privacy and security It allows for continuous integration and delivery Why has Low Code Development gained traction in major software companies? The main reason is because it enables rapid application development (RAD). With low code development platforms, organizations can develop applications much faster and with less expensive resources. For example, a company that wants to develop a mobile app can do so without having to hire expensive developers and designers. Another reason is that low code development platforms make it easier for non-technical users to create custom applications. This is because the platforms provide drag-and-drop interfaces and other visual tools that make application development more user-friendly. As a result, companies can get custom applications up and running quickly, without having to rely on IT departments or external developers. Finally, low-code development platforms are becoming increasingly popular because they offer a number of advantages over traditional application development techniques. For instance, they allow for continuous integration and delivery, which means that applications can be updated and released more frequently. They also tend to be more scalable and flexible, which is ideal for organizations that are growing or have complex requirements. - Ivan Marusic, CEO of RPG Overload A one-stop solution for the best Excel Add-ins development Connect us now Low-code development has gained traction in major software companies because it addresses several key challenges faced by businesses and IT departments. Some of the reasons why low-code development has become popular are: Speed and Efficiency: Low-code development allows businesses to build applications faster, reducing the time to market and enabling quick iteration. Accessibility: Low-code development makes it possible for non-technical personnel to participate in the development process, increasing the pool of potential developers and reducing the reliance on IT. Cost Savings: Low-code development can reduce the cost of software development, as it requires less manual coding, testing, and deployment. Flexibility: Low-code development platforms are highly flexible and can be used to build a wide range of applications, from simple workflows to complex business systems. Scalability: Low-code development platforms can scale to meet the needs of growing businesses, making it possible to rapidly add new features and capabilities as needed. These benefits have made low-code development a popular choice for companies looking to improve their software development process and drive innovation. - Aleksei Kankov, Sr. Backend Developer - Kankov Read More: How to use Angular for Office 365 Add-in development? Removes the risk of releasing untested products Low Code (and even No Code) has become a massive trend in the last 5 years, with VC-backed companies like Bubble (web No Code) and Tapcart (mobile No Code) leading the way. Low Code Development is a way to test, iterate, and launch products in rapid succession, while avoiding long development and feedback cycles. Given this economic climate, having quick feedback from your customer base will reduce the risk of launching products that people aren't prepared to buy.  It reduces the barrier to entry, allowing employees at organizations (such as ones who have not traditionally studied as software developers) to identify opportunities and create products, without mobilizing large amounts of financial and human capital to do so.  The trend of Low Code is not just in major software companies but has gone upstream to earlier parts of the tech ecosystem, such as incubators and accelerators, where founders are encouraged to launch Low Code or No Code products before investing in a CTO and/or developer team. - Cherry Rose, Owner of Cherry Rose Tan Conclusion Low Code Development is transforming modern enterprises and software organizations alike. It helps enterprises remain ahead of the competition while providing value to clients faster than ever before by letting teams create apps more efficiently and swiftly. This is Part 1 of low-code development series and the reasons behind its acceptance. Here, we have discussed the key reasons why low-code software development is becoming popular in the market. Check out the next section of this article to discover more about its importance in the IT business.
Kapil Panchal

Kapil Panchal

A passionate Technical writer and an SEO freak working as a Content Development Manager at iFour Technolab, USA. With extensive experience in IT, Services, and Product sectors, I relish writing about technology and love sharing exceptional insights on various platforms. I believe in constant learning and am passionate about being better every day.

Build Your Agile Team

Enter your e-mail address Please enter valid e-mail

Categories

Ensure your sustainable growth with our team

Talk to our experts
Sustainable
Sustainable
 
Blog Our insights
How Spatial Data Analysis Improves Healthcare
How Spatial Data Analysis Improves Healthcare

Do you know when geospatial analysis took traction in healthcare? It was when John Snow, a London-based physician, used it to analyze the spread of cholera, which ultimately proved...

4 Types of Power BI Dashboards: Analytical, Strategic, Operational, and Tactical
4 Types of Power BI Dashboards: Analytical, Strategic, Operational, and Tactical

One interesting aspect you truly love about Power BI, as a CTO, is how it lets you step back and see the bigger picture of your business. Isn’t it? Without getting bogged down in minute...

Power Apps Integration Challenges: Expert Insights & Solutions
Power Apps Integration Challenges: Expert Insights & Solutions

Power Apps Integration Challenges: Insights from 11 Experts Microsoft Power Apps has caught great hype in recent days. Why? because it helps you build apps 50% faster, saves 250+...