Five months into the pandemic, we have learned that even after we overcome the crisis, nothing will be the same anymore. With the new challenges of the post-pandemic economy and as disruptive technologies emerge and competitive pressure increases, companies must change the way they do business and embrace digital transformation.
Low-code development is transforming the way companies build, deploy and manage applications to help them achieve their digitalization goals. Being able to create apps 10X faster and use 70% fewer resources, that’s why our customers choose Mendix as their favourite rapid application development platform to create smart solutions that help you perform better and deploy top-notch quality controlled applications.
Digital transformation is the continuing process of leveraging digital technologies to transform non-digital or manual processes to digital processes. It improves business performance by creating operational efficiency, enhancing customer engagement, and developing innovative products or new business models. Digital transformation is a multifaceted effort that also involves technology, people, business processes, and an application portfolio.
With 70 percent of companies either having a digital transformation strategy in place or working on one, it is clear that digital transformation is no longer just a buzzword but a requirement for companies who want to be industry leaders and be valued by their customers and employees. Companies are rapidly implementing digital transformation strategies in an age where disruption is a norm. This will help them create revolutionary applications that meet customer expectations, improve internal business operations, and stay competitive.
With a visual development approach, low-code is transforming the way companies build, deploy, and manage mobile and web applications to meet their digital transformation objectives. In fact, according to Gartner, “By 2024, low-code application development will be responsible for more than 65% of application development activity.” Whether it’s building or refining solutions that enhance customer engagement, improve operational inefficiencies, or driving new business, software applications are the key value-delivery mechanisms for an organization’s digital transformation initiative.
Companies of all sizes across industries like manufacturing, finance, insurance, healthcare, education, and the government sector are implementing digital transformation strategies. Every business wants to remain profitable and build processes and products that employees and consumers love. To do this, they’re investing in digital technologies like low-code to meet their digital transformation goals.
When done right, digital transformation can add significant value to the company, including improved internal processes and employee productivity, superior customer experience, innovative products that disrupt the market. For example, a leading insurance company used low-code to implement its digital strategy by developing a portfolio of successful applications – from policy administration systems to customer portals, to an app that turns a selfie into a life insurance quote – to drive massive value to business in record time.
In conclusion, a low-code development platform enables enterprises to fast track their digital transformation process. "By 2024, low-code application development will be responsible for more than 65% of application development activity." - Gartner. If you are considering a tool, that develops mobile applications rapidly with no or minimal code, then, Mendix is one of the most effective tools in the market you must explore.