The Covid-19 pandemic disrupted several industries, and with organizations across the globe transitioning their workforces to operate in remote environments, the urgency for digital-first sped up. At this juncture, the concept of low-code and no-code platforms appears to intend to reduce an organization’s reliance on skilled talent to build and operationalize software programs, as these platforms allow the people with no coding knowledge (citizen developers) to create mobile or web applications without writing any custom code. Gartner, Inc. predicted that “by 2024, low-code application development will be responsible for more than 65% of application development activity and 75% of large enterprises will be using at least four low-code development tools for both IT application development and citizen development initiatives.” An MNC dealing in energy and digital solutions developed 60+ applications within 20 months using Low-code/No-code platforms increasing the development by 2x and saving 650 days of effort for the organization.
No-code automation (NCA) tools use AI, RPA, and ML to automate the process. Robotic process automation (RPA) is one of the most promising new solutions that automate structured, repetitive processes and dramatically reduce low-value work while enabling employees to focus on more high-value, strategic activities. According to a report issued by Grand View Research, the global RPA market size is about to reach USD 26 billion by 2027, expanding at almost 40% CAGR. However, implementation of RPA is quite expensive as RPA bots demand high costs and maintenance. Only if the RPA solution is scaled across the enterprise and widely utilized, delivering meaningful ROI can be expected. LCNC platforms simplify and democratize the RPA development process to withstand the implementation risk.
No-code application development platforms allow business and technical users to automate the process via a graphical, drag & drop interface. With an absolute goal of saving time, money, and resources, no-code technologies sidetracked the traditional software development process and introduced a phenomenon called democratization. Democratization professed to give technology access to the entire population without any specific technical training. Expediting digital transformation, citizen developers with no formal knowledge of system development can unleash their imagination and can create applications through an intuitive interface without programming.
From human resources to financial services to sales & marketing, no-code has seamlessly replaced traditional programming tools because today’s businesses need a range of velocity and responsiveness that can’t be achieved if every emerging challenge needs to be filtered through system developers and every new application needs dedicated engineering resources. By empowering citizen developers, enterprises can leverage several benefits like integrating traditional and modern technologies, effective reusing of technical assets, exploring hidden talent already existing in the workforce, incorporating customer journeys across channels to deliver an omnichannel experience, optimizing complex systems using predictive analytics, and engineering new solutions without burdening the IT resources. With this newly attained flexibility, every company can reach a higher level of self-sufficiency. Application development will be less time-consuming with reduced production costs and increased productivity. On the other hand, these solutions won’t need higher maintenance and let the resources focus on more important activities of their departments.
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