Unlocking the Power of Low-Code: How Businesses Can Accelerate Digital Innovation
12-June-2024
What is Low-Code Development?
Why Low-Code Matters?
Rapid application development (RAD)
Reduced reliance on IT resources
Adaptability for evolving needs
Buy vs. Build: Making the Right Choice
- Cost: While low-code platforms reduce development costs compared to traditional coding, there
are still licensing fees and ongoing maintenance considerations. Existing off-the-shelf solutions
might be a more cost-effective option for basic needs.
Time: If a solution exists that meets your core needs, purchasing could be a quicker option than
building from scratch. Low-code development is still faster than traditional coding, but some level of customization will require time investment.
Customization Needs: If your requirements are highly specific and require a unique solution,
building a custom application with low-code might be preferable. Off-the-shelf solutions may
lack the necessary level of customization to perfectly fit your needs.
Long-Term Maintenance: Consider the ongoing maintenance commitment required for a
custom application. While low-code platforms simplify maintenance, it’s still an ongoing cost
factor. Evaluate if the long-term value of the application justifies this cost.
Scenarios Where Buying Might Be Efficient
Here are some instances where purchasing a pre-built solution could be a more efficient approach:
Common industry needs: If your requirements align with industry standards, a pre-built solution
might offer all the functionalities you need without the need for customization.
Simple workflows: For basic workflows and processes, a pre-built solution can be readily
implemented, saving time and resources compared to building from scratch.
Focus on core competencies: If your core business lies outside of software development,
purchasing a solution allows you to focus your expertise on your primary area of strength.
Building a Custom Application: When It Makes Sense
Unique business processes: If your workflows are highly specific and require a significant
degree of customization, a low-code platform allows you to build an application that perfectly
aligns with your needs.
Integration with existing systems: Low-code platforms often offer robust integration
capabilities, allowing you to seamlessly connect your custom application with your existing IT
infrastructure.
Data security and privacy: For applications that handle sensitive data, building a custom
solution provides greater control over data security and privacy measures.
Choosing the Right Low-Code Platform: Finding the Perfect Fit
Scalability: Choose a platform that can scale to meet your growing business demands. Consider
the number of users, data volume, and application complexity you anticipate in the future.
Ease of Use: The platform should be user-friendly and intuitive, even for individuals with limited
technical expertise. Look for platforms with drag-and-drop interfaces, clear documentation, and
robust training resources.
Integration Capabilities: Ensure the platform can integrate seamlessly with existing systems and
applications within your business ecosystem. This allows for smooth data flow and eliminates the
need for complex workarounds
Support: Reliable support from the platform vendor is essential. Look for vendors who offer
comprehensive documentation, online communities, and readily available customer support
Beyond Low-Code: Understanding the Development Landscape
Business Process Management (BPM) Platforms: BPM platforms focus on automating existing
workflows and processes. They may offer some application development capabilities, but lowcode platforms generally provide more flexibility and customization.
Low-Code App Development Platforms: These platforms are specifically designed for building
applications with a visual drag-and-drop interface. They prioritize ease of use and rapid
development.
Here’s a quick comparison to help you decide which technology best suits your needs:
Evaluating Platform Features to Meet Your Needs
Data Security and Compliance: Ensure the platform prioritizes data security and adheres to
relevant industry regulations.
Deployment Options: Choose a platform that offers flexible deployment options (cloud-based,
on-premise, or hybrid) to align with your infrastructure preferences.
Pre-Built Templates and Components: A rich library of pre-built components like forms,
menus, and data connectors can significantly accelerate development.
Analytics and Reporting: Built-in analytics tools empower you to track application usage,
identify bottlenecks, and make data-driven decisions for further optimizatio