Why Low-Code and No-Code technologies will (most likely) fuel corporate innovation

The Coronavirus crisis has created an unprecedented need for digital services and tools. As a direct consequence of the crisis, a strong solidarity of the IT industry has made it possible to deploy a multitude of digital initiatives in record time to better control and manage the current situation.

Hard hit by the pandemic, the city of New York had to react quickly to map the virus and identify hot spots. To do this, the largest city in the United States developed and deployed a crisis management platform in 72 hours only. This performance was made possible without a line of code, thanks to a No-Code platform.

I find this example particularly striking and I think that this crisis is evidence of a turning point in the software development industry with the rise of Low-Code and No-Code technologies.

These Low/No Code technologies are simply new programming environments that make possible to develop Web and Mobile applications with respectively few or 0 lines of code thanks to visual modelling.

Particularly coveted by the world of startups because of the opportunity to launch products in record time, I believe every day more that No/Low-Code technologies will empower corporate makers to innovater faster and better.

That said, Why? I share below personal insights that explain this assumption.

The demand for applications will explode in the near future

According to the International Data Corporation (IDC), by 2023, more than 500 million digital applications and services will need to be developed to meet the demand —as many as in the last 40 years. These applications will still need to be maintained over time. Good to know, in average, the maintenance of existing systems already represents 60% of the IT budget.

A simple mathematical calculation proves that it will simply be impossible to meet this demand with the number of developers available and traditional programming approaches. There simply won’t be enough people to code fast enough and build so many applications. It will have to be done differently and Low-Code platforms provide convincing answers.

To support the growing demand for business application needs and meet the ever-changing requirements of users, companies will be able to deploy agile No/Low-Code Digital Factories in-house and outsource some of their development with their respective ecosystem. These true digital factories will be able to absorb large product backlogs. The Low-Code platforms make it possible to automate a large part of low added value developments in order to focus on critical elements (complex integrations, algorithms, etc.). They allow to focus on business logic and application functionalities. As a result, changes are made more quickly and with less effort.

The cloud will become the norm and data volumes will increase fivefold

To be competitive in the digital economy, this wealth of applications and services must be able to work anywhere, anytime. By 2024, more than 90% of businesses will be making extensive use of cloud environments to improve performance and user experience.

At the same time and according to the same forecasts, the global data volume will reach five times its current size by 2025.

The massive flight to the cloud and the strong growth in data volume will drive the rise of No/Low-Code technologies that enable rapid aggregation of multiple data sources and the deployment of applications in just a few clicks on a secure and scalable cloud.

Businesses forced to collaborate and innovate to thrive
Innovate or perish. In a highly changing world subject to many uncertainties, the ability of companies to adapt and offer new products and services is crucial.

Exploring and experimenting new business models requires the ability to quickly develop and iterate technical Proof of Concept (PoC) by moving to less labour and capital-intensive IT models.

Moreover, bringing together business and IT teams seems more necessary than ever to promote new models of creation and innovation. A new category of profile is rising: the citizen developer. At the junction between business and technology with a strong product culture, he contributes strongly to the deployment of complex digital projects thanks to the capabilities of No/Low-Code technologies.

Low-Code or No-Code?

Low-Code and No-Code technologies share many points in common: they enable applications to be created, deployed and modified in record time.

While No-Code platforms are powerful enough for simple process automation and digitization applications, they are not yet suitable for projects that require custom code or integration to enhance and fine-tune the applications.

As for the Low-Code platforms, the most advanced today provide mature and robust solutions to meet any type of project, from complex data connections to custom algorithms integration.

By way of conclusion:

- Low-Code / No-Code technologies accelerate application development by 5 to 10 times.
- They enable organisations to respond to the growing demand of the needs of different businesses, increase the capacity to innovate and adapt quickly to situations of uncertainty.
- They greatly facilitate the creation and deployment of a portfolio of applications on a large scale.