Low Code BI: Cheap customization is the future of data intelligence
Globally, the low-code market is seeing a dramatic rise, especially among small and midsize businesses (SMBs). Citing an ongoing tech-talent crunch, growing digitization demands, and shrinking budgets as growth factors, low-code is projected to be accountable for more than 65% of all application development activity, by 2024.
Low-code (or no-code) refers to developer platforms that let users build new software, visually, with the help of user interfaces and configuration with little to no coding.
These platforms are equipped with intuitive visual modeling tools, and depend on easy drag-and-drop functionalities, along with simple logic-driven visual interfaces to produce results more affordably and quicker than traditional development cycles.
So… just how futuristic is low code?
1. Faster Time-to-MarketTraditionally, development cycles last anywhere, from 6 months to even years. But, with 72% of low-code developers reporting application development cycles lasting less than 3 months, Low Code is swiftly priming scalable and affordable customization solutions as the backbone of future business intelligence.
2. Less CodingAs implied by the name, Low-code development requires a low amount of coding. Specific apps can be built, individually, to serve specific business needs. That is not the case in traditional coding, where full-scale application development and long-term investment are essential for even the tiniest business process apps.
4. Easier MaintenancePreserving and updating applications, during traditional software development, can be demanding and time-consuming. Having to manually fix bugs call for more experienced pro-coders over citizen developers.
Modern Low-code application platforms, on the other hand, come with pre-built and pre-tested modules continuous integration, version control, and code changes, enabling better management and maintenance.
Need help choosing a low-code platform to boost your business’ competitive edge? Book a demo with us, today, to discover how GoalProfit can further use low-code to take your business to the next level of success.