Low-code technology: A secret sauce for modern businesses

Low-code technology has emerged as a significant enabler of process excellence and improvement. It empowers professionals to become the driving force behind process automation and transformation without the need to write code. Low-code is therefore considered a process management and automation democratizer – making it more accessible and adaptable.

Gartner predicts that low-code tech will become the norm for most application development (AppDev) in the enterprise, accounting for 75 percent of new AppDev by 2026. Over three-quarters (83 percent) of IT leaders feel low-code is living up to its promises, according to research from technology and consulting IT services company Evoke Technologies. Companies are primarily investing in these platforms for professional development, while 79 percent of respondents said that low-code improves collaboration between IT and business when delivering applications.

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PEX Network sat down with Doc Williams, renowned low-code and entrepreneurship content creator, to discuss the current low-code landscape and its potential for modern businesses. Williams will be speaking in the opening panel of All Access: Low Code 2024, the latest installment in PEX Network’s free webinar series, taking place April 16-17, 2024.

PEX Network: What advantages does low-code technology offer organizations?

Doc Williams: Low-code tech is like a secret sauce for today’s businesses. It’s all about speed, efficiency and accessibility. With low-code platforms, organizations can whip up applications faster than ever. This means quicker solutions to business problems and faster responses to market demands. Plus, you don’t need to be a coding whiz to use it. It democratizes App Dev, letting anyone with an idea bring it to life. It also saves money, as less time spent on coding means fewer resources burned, which translates to more budget for innovation. It’s a win-win all around.

READ: 7 low-code trends to watch in 2024

PEX Network: What factors are key to successfully applying low-code technology?

DW: Firstly, you’ve got to have clear business objectives. It’s like plotting your course on a map before setting sail. You need to know where you’re going. Then, governance is crucial. You want standards in place to keep everything in shape. Integration capabilities are a must too. Your new apps need to play nicely with the existing ones, and don’t forget about training. You want your crew, both IT professionals and citizen developers, to know the ropes. Finally, scalability is key. You’re not just sailing for a day; you're in it for the long haul.

READ: Low-code: The solution to strengthen agility

PEX Network: What are the biggest challenges in applying low-code technology?

DW: Security is a big one. When you’re moving fast, sometimes security can get left behind. Vendor lock-in is another concern. You don’t want to be tied to one platform. Requirements are complex too. Sometimes what you need is like navigating a maze. You’ve got to make sure your low-code solution can handle the twists and turns.

READ: 9 steps to scaling operations securely

PEX Network: How will low-code change the business landscape in the next five years?

DW: In the next five years, I think low-code will be like a rising tide, lifting all boats. We’ll see more organizations embracing it as the go-to approach for AppDev. It’s going to blur the lines between traditional IT and business units, and with the pace of innovation accelerating, low-code will propel them forward faster than ever before.

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Today, off-the-shelf software solutions offer diverse features that enable vast opportunities to implement and maintain business transformation. However, in some circumstances, capabilities lack the flexibility and specificity required to address the unique challenges and workflows of individual organizations. As a result, there is a growing shift toward bespoke application development – custom-built solutions that align precisely with strategic goals and operational demands.

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