How To Accelerate Time To Market, Using The Fast Code Platform
Mature business requires constant innovation. The reasons can be different: from fierce competition and the necessity to release a new service to a natural desire to optimize processes. But the fact is that the internal teams of such companies work on products every time. Let's consider what can help enterprises implement new software and test ideas faster.
What Does Companies Do To Make The Product Release Faster: Real Examples
Constant internal development has already become a trend. It is costly but efficient, so large players can easily afford it to satisfy business requirements. The only issue here is time. An idea should go through a few stages to be realized in a ready-made solution. The challenges are time-consuming.
Let's take the stage of actual condition analysis, project budget agreeing, or the development itself. It can be accelerated if the business owner realizes that it clearly explained its needs to the engineers. It's possible only when analyzing the application prototype.
A prototype is a test product version that is as close as possible to the real one. It is created so that management can test and predict the further feasibility of development. The most significant changes are made at this stage.
Imagine that, without additional tools, prototypes are always developed from scratch. Thus, it takes months of hard work to show the customer what he will get in the end. And it's quite sad when the efforts are not justified, and management rejects the idea of app creation at all.
And here is the core question of this article. How do companies manage rapidly new product creation and maintaining existing software at the same time?
For such a combo, you need a huge IT team, some of which are engaged in the development, and the others provide support services. A small team couldn't do it. New project flow would distract engineers from pressing issues. Their KPIs would be far from perfection, and any innovations would also be ineffective since the company's condition leaves much to be desired.
The answer is pretty straightforward. Enterprises don't need large teams if they use an efficient toolkit. Many companies first found their salvation in no/low code products. It's when you can create features by using visual elements. No coding, only pleasure. Earlier, we have written about the "benefits" of such solutions for business. Limited scalability, poor integration, complete platform dependency, and the list goes on and on. Realizing it, large business representatives use plan B.
They consolidate internal development practices, creating sets of templates and instruments which speed up product creation 3 times. Let's consider a real example.
Backgroud: The retailer with 400 stores in 12 countries faced a significant challenge. The actual time to market for each product was about 12 months. Backend teams had several types of tasks, including improving their area of responsibility and solving internal customers' little needs. To avoid the back lock, the company decided to create an environment for registering and managing APIs. Upon work completion, each domain team registers new APIs and makes its short description to enrich the platform. Anyone who needs to get a new simple feature can use ready-made elements to design and deploy it.
Case: The company needed a mobile app for 30K merchants to replace the web one. As seen, the estimated time to market was about 12 months, given that the product had to be designed by the backend, frontend, analysts, and UI teams. The internal platform helped develop a robust product that processes over 4M transactions/day in 3 months. Frontend developers and analysts adapted the existing toolkit and developed the solution without backend engineers' participation. Thus, using the internal platform, the company accelerated the development time three times and halved the number of teams working on the product.
So, whether it's an HR support software or a corporate startup, it will be designed quickly. Although, the platform leverages the already gained experience that requires time and well-coordinated teamwork.
Let's say your company has not enough time or experience to create something like this. But it does not mean that you do not need to release new products right now, tomorrow, and every day. What should you do in this case? XME.digital has found a perfect solution.
Fast Code Platform For Rapid Development
The XME.fast code platform is a way to get in hours what competitors have spent years. The environment provides specialists with the entire technical base: a set of templates and popular instruments. It allows prototyping in 2-4 weeks, significantly accelerating the whole development cycle.
One more fast-code platform benefit is the ability to make product changes effortlessly. A specialist can freely navigate the code, find the desired fragment, and improve it. We have created a way both to bring new products to market 3 times faster and speed up enterprises' digital transformation. The platform enables moving in giant steps towards the goal, and therefore quickly achieve it.