The Impact Of Low-Code Development On Digital Transformation Risks

The Impact Of Low-Code Development On Digital Transformation Risks
Written by Mavim

Imagine this: You're ready to give your business a digital makeover by — among other things — building and automating an application. Which sounds doable until this little nugget of info dawns upon you — your knowledge of coding techniques is rudimentary, at best, or non-existent at worst.

Time to call in the experts, right? Not necessarily, if you decide to undertake it internally with a low-code development strategy.

What is low-code development, you ask? It's the process of uniting business and IT to build a unique visual language that enables business users to create solutions without detailed knowledge of coding or software development techniques.

While the prospect of taking all this technical development in-house might cause you some nerves about the progress of your digital transformation, rest easy — when done correctly and comprehensively, low-code development can actually make the transformation process less risky. Here's how:

1. It saves time. Traditionally, digital transformation projects are costly, both in time and money — two resources businesses strive to keep in steady supply. Your business can keep an eye on both with low code so your wholesale transformation stays on track.

Low-code development can reduce turnaround time from six months to four to six weeks. Plus, with its drag-and-drop functionality, low code enables you to build front-end applications on the fly. Nobody understands your business's needs better than you do, and when you use low code, you can cut out the middleman and address those issues directly.

2. It offers a centralized platform. We're all fans of simplicity. And with low code, everything you need is in one place, keeping the process as streamlined as possible. Low code offers a single, centralized platform, which automatically minimizes risk by housing all functions and operations under one roof.

During implementation, low-code platforms' customizable and scalable infrastructures allow your organization to do a full risk assessment of your current processes and benchmarks. This allows your company to identify and forecast any potential risks to your transformation process before they reveal themselves.

3. It provides easy lifecycle management. As a business owner, you usually have to hire and rely on DevOps or engineering to manage your app's lifecycle. However, low code can simplify that management process and minimize the risk incurred.

How? It's in the name! With low-code development, you're interacting with so little code that there's no need to do multiple verifications with DevOps or engineering. That means a smoother, faster process that puts the finished product in your users' hands faster!

Risk comes with the territory when it comes to digital transformations. With low-code development, you bridge the gap between you and your IT team, leading to faster processes, lower costs, and fewer risks. Plus, you gain the satisfaction of taking a hands-on approach in a critical part of your company's growth.

Low code is a hot topic right now and we can't stop talking about it. Listen to our podcast, "Aligning Low Code with BPM" to see why you too, should be joining this bandwagon.