Why are Startups betting Big on Low-Code Development?

By Teknorix on January 23, 2024

KEY HIGHLIGHTS:

  • Low-code industry revolutionizes speed and minimizes financial hurdles.
  • Low-code streamline core systems and automate business processes.
  • Teknorix’s low-code development prioritizes security and rapid innovation.

Low-code software is used for quick and easy app development in your business. It lets you create apps so you can keep up with the demand. The simple, visual features of low code mean anyone can build custom apps, no matter their coding skills.

It speeds up app creation and gives regular folks the tools to join in creating them. Making development accessible helps IT staff handle tasks better. Therefore, anyone can contribute to making and customizing apps as needed.

Brace yourselves because the global low-code platform market is expected to skyrocket to a mind-boggling 65 billion U.S. dollars by 2027.

The Rise of Low Code Development

Low Code has roots dating back to the early 2000s. Initially seen as a niche, it quietly evolved, addressing complexities in software development.

Low-code development platforms have been around since the late 1990s, building on ideas from earlier programming languages. They follow principles like model-driven design, automatic code generation, and visual programming, similar to tools from the 2000s.

While the idea of users creating their own programs existed before, low-code platforms introduced new approaches to this development. The term “low-code” was officially coined in 2014 by Forrester Research, even though the market started back in 2011.

Key Characteristics of Low Code Platforms

  • Speedy Development

    Low Code means faster results. It streamlines the coding process, reducing time-to-market for your applications.

  • Accessibility

    Low-code platforms empower non-developers to contribute, bridging the gap between IT and business teams.

  • Flexibility

    Adaptability is key. Low Code accommodates changes, ensuring your applications evolve with your business.

  • Cost-Effective

    Say goodbye to hefty development costs. Low Code trims expenses, making innovation affordable for startups and established businesses alike.

  • Scalability

    Whether you’re a startup or an enterprise, Low Code scales with you. Grow your applications seamlessly as your business expands.

Advantages of Low-Code Development for Startups

In the fast-paced world of startups, gaining a competitive edge is paramount. Low code for startups is an invaluable asset, offering a plethora of advantages to propel startups toward success.

  • Accelerated Time-to-Market

    Time is a precious commodity, especially for startups racing to establish themselves. Low-code development acts as a medium, expediting the journey from concept to market-ready product. The streamlined development process enables startups to swiftly launch their offerings, ensuring they’re the first to meet market demands and capture attention.

  • Cost Efficiency and Resource Optimization

    Budget constraints are a common challenge for startups. Low-code development proves to be a financial ally by minimizing development costs. This cost-efficiency allows startups to maximize their resources, channeling funds towards strategic initiatives rather than being bogged down by extensive development expenses.

  • Empowering Non-Technical Teams

    In the collaborative landscape of startups, breaking down barriers between technical and non-technical teams is crucial. Low Code serves as a bridge, empowering individuals across various departments to participate actively in the development process. This fosters collaboration, innovation, and a collective sense of ownership in bringing ideas to realization.

Also Read: What is Low-Code Development? Top 5 Benefits to Know!

Why use low-code development services?

Low-code development services come with their own unique settings, but certain features remain consistent across the board.

Low-code platforms shine when crafting core systems with default cloud-native capabilities. These systems boast multi-cloud compatibility, heightened uptime, security, and scalability. For the efficient development of web-based customer portals, low-code platforms emerge as the go-to solution. They aid in building apps that streamline users’ routine tasks.

Launching superior B2C applications tailored to your business needs becomes seamless with low-code development. Developers can create feature-rich, native apps for both iOS and Android using technologies like React Native.

When tackling business process management applications, low code becomes an invaluable ally. It empowers both professional and citizen developers to automate essential business processes.

Low-code platforms facilitate the rollout of simplistic yet value-driven budget request and approval applications. Accessible across multiple devices, these applications boast user-friendly interfaces.

Also Read: Why Low-Code Development is the need for Digitalization?

How is Low-Code Industry Shaping the Future of Business?

Low-code and no-code (LCNC) platforms are here to revolutionize the digitalization of businesses. Instead of navigating through intricate coding, debugging, and testing phases, LCNC lets you develop applications at a lightning-fast pace. Swift assembly using intuitive interfaces, pre-built components, and building blocks ensures your projects take off like never before. Perfect for those urgent deployments and creating prototypes or MVPs.

LCNC platforms change the game with visual interfaces and drag-and-drop tools, making application creation a breeze, even for non-techies. This user-friendly approach doesn’t just simplify the process; it opens the door for a diverse group of individuals to turn their ideas into reality. It’s a cultural shift, fostering innovation across the board.

Building software from scratch can be a financial hurdle. LCNC platforms cut costs by minimizing the need for specialized developers and streamlining the development lifecycle. Prototypes and MVPs arrive swiftly, facilitating faster market validation.

Final Thoughts: Embrace the Future

Low code development isn’t just a tool; it’s a strategic advantage for startups. The accelerated time-to-market, cost-efficiency, empowerment of non-technical teams, and flexibility in development make Low Code an indispensable ally for startups navigating the complexities of the business landscape. Embrace low code and watch your startup soar to new heights of innovation and success.

Teknorix low-code development services empower your business to streamline processes, creating on-demand web apps, mobile apps, and workflows in record time, all while prioritizing security.

As a leading low-code development company, we invite you to Contact us today!