Low-Code and digital innovation

The blog about the innovation of companies that chose to digitally transform their processes with Low-Code and Digital Process Automation technology of WebRatio

 
 
 

Low-Code Developers Increase Business Value

Digital Transformation | Low-code | WebRatio Platform
Low-Code Developers Increase Business Value

The Low-Code market is having a period of great expansion both as a social and as a technological movement. The Low Code development platform sector in 2021 was up by 30%[1] compared with the previous year, and some estimate that by 2024[2]  ,65% of new software developments will have adopted this type of technology.

The acceleration of digital business is placing pressure on information technology (IT) leaders to increase the delivery speed of new applications as well as the modernization of existing ones. The growing demand for bespoke software solutions to support digital transformation has triggered the emergence of new types of developers, which, in turn, has influenced the rise of Low-Code adoption.

The paradigm shift of Low-Code development has brought with it a change in the routines and attitudes of developers who, using Agile[3]  methodologies with more frequent releases and less time dedicated to writing the code, can focus more on the design of the solutions.

If the development method changes, the developer’s characteristics also change and consequently his/her contribution to the creation of business value.

 

How Low-Code developers increase business value

The business success factors[4] according to executives are a high level of customer service, effective communication, efficient productivity, and the ability to innovate. The contribution that employees make is a fundamental element that directly influences these factors, and their involvement is essential for achieving success. 

Among the most important drivers that increase engagement are the understanding of one’s own contribution to corporate strategy as well as the sharing and understanding of business objectives.


The use of tools and visual languages ​​that are common ground between business and Low-Code developers: simplifies the communication and increases the involvement[5]  between the two roles and therefore the passage of information, objectives, and business strategies.

The speed of development and the reduction of time dedicated to programming frees up energy that is invested in the search for innovative solutions and in the design of more efficient processes. This makes Low-Code developers feel more directly involved in the dynamics of the companies’ business.

 

Therefore, by having greater involvement in the line of business, an improved sharing of information and a better understanding of business objectives, Low-Code developers can bring economically qualifiable value in the form of a 21%[6] profitability increase.

 

The importance of Low-Code in every phase of the company's growth

Low-Code technology not only allows for greater development productivity, increasing returns on digital project investments and decreasing the time to market, but it can bring real organizational innovation to the company. This involves the development teams more in the achievement of business objectives.

This is possible because low-code platforms can be seen as real collaborative production tools that bring technicians and business people in closer contact with each other.

At each stage of the company's development[7]  Low-Code technology can help to support the business and overcome moments of crisis in growth:

 

Phase

Contribution of the Low-Code

Creativity       

Thanks to the faster development speed, it is possible to dedicate more time to the creative, experimentation, and innovation phase

Direction

The increased productivity allows for the creation of multiple software systems, integrated with a single technology, to simplify the tracking and control of activities

Delegation

Low-Code languages ​​can be the common ground between the business line and developers, simplifying communication between the different levels in the company

Coordination  

Having a single tool and a single language minimizes the communication and coordination effort of working groups, even decentralized ones

Cooperation  

Using a single technology simplifies collaboration between different development teams, thus eliminating the need for intermediation and integration between various platforms or languages

 

 

Low-Code platforms can become digital assets to support the entire company. Specifically, they can be used for the simplification of project management, communication between teams at various levels, and the development and pursuit of corporate objectives.

 

WebRatio’s Low-Code, for example, was the driver that allowed the development and the overcoming of business objectives in the case of 4Days, the digital transformation of a business within a not very innovative sector in the case of Revalue and better customer satisfaction, with greater information sharing across the company in the case of Ricoh.

 

Buy (and customize) or Make (or get it made) with Low-Code. Get your copy >

 

Sources

[1] https://www.gartner.com/en/newsroom/press-releases/2021-02-15-gartner-forecasts-worldwide-low-code-development-technologies-market-to-grow-23-percent-in-2021

[2] https://www.prnewswire.com/in/news-releases/low-code-is-the-future-outsystems-named-a-leader-in-the-2019-gartner-magic-quadrant-for-enterprise-low-code-application-platforms-868871260.html

[3] https://www.forbes.com/sites/forbestechcouncil/2021/08/12/how-to-harness-the-potential-of-low-codeno-code-platforms/

[4] https://hbr.org/resources/pdfs/comm/achievers/hbr_achievers_report_sep13.pdf

[5] https://www.cio.com/article/189024/how-low-code-platforms-improve-business-it-collaboration.html

[6] https://www.forbes.com/sites/nazbeheshti/2019/01/16/10-timely-statistics-about-the-connection-between-employee-engagement-and-wellness/?sh=211813e522a0

[7] https://hbr.org/1998/05/evolution-and-revolution-as-organizations-grow

 

 

 

 

 

 

 

 

January 28, 2022 / WebRatio

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