Low code products are one of the hottest modernizations in the IT market today. Research firms Gartner and Forrester have some interesting research regarding this trend:
Gartner predicts by 2023, over half of the medium to large enterprises will have adopted low code as one of their strategic application platforms.
In addition, Gartner asserts, by 2024, more than 65% of application development will be done on low code platforms and 75% of large enterprises will be using at least four low code development tools.
Recent research by Forrester expects the market for low code development platforms to increase to $21.2 billion by 2022, up from $3.8 billion in 2017.
The low code movement has picked up steam because it’s a useful part of an IT department’s innovation strategy that can closely align with the organization’s goals. In short, low code platforms foster the rapid build and deployment of apps. An app that would formerly take ages (months) to build now can be built and implemented in weeks. And updates and iterations can be deployed just as quickly. If the organization is a practitioner of Agile, low code is a natural next stage step for IT’s strategy.
Low code development is when a platform –such as Laserfiche – is used by an ISV (independent software vendor) to create new applications using graphical user interfaces rather than traditional computer programming. Because the Laserfiche platform is visual (a GUI is provided) and the actual coding is taken off the user's hands, it allows applications such as workflows to be constructed much more quickly. It's also a much more cost-effective investment, as applications no longer need programmers.
The Laserfiche Platform offers clients several opportunities for low code development. In particular with both Workflow and Forms. Thousands of organizations have built workflows and forms using the Laserfiche platform. So much so that Laserfiche offered shared libraries for workflows and forms where clients post examples, customizations, and some code. In a recent interview with a municipal client, the IT person mentioned that he’s always on the lookout for reasons to leverage Laserfiche Forms because of the low code feature. To the tune of having over one hundred forms created!
His enthusiasm makes a lot of sense because most IT teams spend a significant amount of time in maintaining IT—constant upgrades, compliance checks, audit support, security certifications, and performance measurements—thereby hampering productivity. In addition, technical debt accrued by organizations is a major factor that increases the technical burden on personnel. Low code platforms can significantly reduce these IT stressors and enable your team to rapidly build applications that can bring in higher business value. Also, those staff members who are not in IT but have an interest can be trained to build workflows and forms, so again, IT isn’t burdened with every IT project.
In short, low code provides a lot more than just speed and agility If you’d like to get further insights into the core capabilities of low code in Laserfiche please contact us