Why CIOs are top investors in low-code/no-code platforms

 
 
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Days instead of weeks...or months…

The time it takes to get an app built and deployed using a low-code/no-code platform has changed the way CIOs function within a business.

Businesses run on tight deadlines and even tighter margins.

IT teams have their own set of challenges, all of which revolve around the digital operations of the business. 

Low-code/no-code platforms help professional developers build solutions faster (which means they can serve more business requests). They’re designed to be able to offload most of the responsibility of developing and delivering apps to the business developers themselves.

When a business needs to keep an eye on employee productivity and job functions need to be monitored closer than ever, there needs to be a solution that's flexible and efficient.

Financial performance and inventory records have to be accounted for whether the business is the local coffee roaster or the corner Starbucks.

It's the CIO who takes the information from the business analyst or manager and orchestrates how to effectively build a digital solution.

The myths are crushed

In the 21st century, the digital transformation is in full swing which means businesses need faster, more versatile solutions for their applications.

Some believe that low-code/no-code platforms lack sophistication, or that the applications wouldn't be scalable, meaning they're not a good choice for business productivity, efficiency or procedure applications. We can put that to rest.

We've squashed the myths in our article The 7 myths about low-Code/no-code destroyed

From IT tech leader to business ambassador

The CIO today is a business catalyst, scanning the digital environment from a 30,000 ft view right down to hover over the 1-foot view. They need to consider platforms, people, processes and the demand for applications when department heads need business solutions.

Back in the day, creating a unique application to differentiate a business meant the long arduous process of custom coding. 

Gone are the days where the CIO's job is to patch systems and save money. With digital transformation, there are jobs to be done that low-code/no-code applications can get done faster, and in many cases, with more precision.

Some of the applications will be customer-facing, others will automate internal workflows and improve productivity. 

A bright, new horizon for CIO's 

A few CIOs shared their goals and plans to stay on top of developments in technology:

"Whether there are practical applications for sensors in the vineyards to determine if we can save our farmers money on irrigation, or if the sensors can provide data that might help us determine ways to improve the quality of our grapes. We'll also explore sensor applications on our production lines." Dave Jackson CIO at Welch Foods Inc. in Concord, Mass.

"Out of the center of the corporation -- out of the back office, into the sales force; and, actually, we're beginning to position many of our tools even beyond the sales force directly into the hands of our customers." Johnson Lai CIO at NuVasive Inc., a medical device manufacturer in San Diego

"One of my goals is to enhance IEEE's customer experience across all our digital landscape and touch points. We will pursue the development of customer journey analytics capabilities that will enable us to gain insight and intelligence into customer digital experience across multiple platforms and devices." Cherif Amirat  CIO at IEEE, a New York-based professional organization

In Gartner's analysis and predictions, by 2021 the market demand for software application development will grow at a rate at least five times faster than IT will be able to keep up.

CIOs and their teams can bridge the gap that's occurring by adopting new technologies, creating their roadmaps, and becoming the digital overlords of business, seeing into the future of application solutions.

Application Strategy( Source )

Application Strategy(Source)

"By 2020, 70% of new integration technology deployed will have unified application and data integration capabilities within a single platform." (Gartner)

CIOs know the demand for devs

Many low-code/no-code platforms like Coactive handle complex variations of business applications, as well as multiple user interfaces. Apps can be built to fit modern requirements and then evolve to meet constantly changing customer demands. And it can all be done faster than coding by hand.

Forrester, which coined the term “low-code” in 2004, determined in 2016 that using low-code can produce applications 6 to 20 times faster, equipping even small teams to achieve enterprise-level digital transformation. Low-code allows applications to be configured, not custom-coded, delivering tailor-made, powerful software without the cost, risk, and delays of traditional development. (Source)

Low-code/no-code is solving key problems

Taking advantage of new technologies means many businesses must rewrite their code. In doing this, many will fail to look not only at the benefits of low-code/no-code but also the flexibility and performance that it brings to the digital table, which custom software development alone misses.

Now, more than ever, it's essential for CIOs to allocate premium developer resources to innovative projects instead of wasting them on legacy IT maintenance. Low-code/no-code enables developers to assign work, and place trust in citizen developers and business analysts to build necessary apps. Adopting a low-code/no-code strategy can also give both IT and business teams motive to collaborate and easily translate concepts into software applications quickly, with minimal technical debt.

With CIOs advocating for low-code/no-code throughout an organization, they can help departments beyond IT better meet the demand for applications and improved outcomes.

Whether sales, marketing, accounting, CX/UX, HR, inventory control, maintenance, fleet management, or part of the business system, these platforms make application development easier, faster and often better by enabling closer business engagement and collaboration in the development process.