Top Low-Code Platforms to Watch in 2023-2024
As the need for speedy software creation intensifies, low code development platforms are quickly becoming the revolutionary force shaking up the software landscape. In 2021, the worldwide market for low code development platforms had a value of $16.3 billion. By 2030, it’s projected to balloon to an impressive $148.5 billion. Read further the latest review for the best low-code platforms to use for 2023-2024.
What makes low code platforms a valuable asset for enterprises?
Automation
These technologies are creating a world in which a company's notion may convert into an automated system in minutes. That’s the groundbreaking promise low-code development holds for organizations. Whether it’s tailoring software to specific needs or constructing intricate applications, low-code hands over potent tools to staff members, significantly enhancing operational efficiency.
Polished on processes
Low-code platforms are equipped with tools that make managing the entire life cycle of a process more straightforward. For instance, they offer monitoring and alert functionalities that can warn staff when a process is on the brink of breaking down. If a server reaches its limits, the system can automatically redirect processes to avoid traffic jams and delays. Moreover, they can initiate corrective actions to uphold service level agreements, reducing the time IT has to spend on crisis management.
Saved costs
Opting for low-code development platforms can be a financially significant change for both established businesses and startups. The technology allows IT teams to construct solutions that would typically require extensive hours of research, manual coding, and rigorous testing, saving significant resources.
Related post: How To Increase ROI With Open Source Low Code PlatformFaster time-to-market delivery
The platforms don’t just make development faster, they revolutionize the speed at which products hit the market. Take Schneider Electric as a case in point, leveraging low-code technology. The company launched a staggering 60 apps in under two years — many of which were out in just a couple of months.
Enhanced experiences for customers and crew
Organizations can now rapidly launch innovative products that align with customer expectations. Furthermore, these companies can effortlessly modify existing products in response to user feedback and data analytics.
Source: Conexxia
Tips to consider when choosing a suitable low code platform
Define your business conditions and goals
Determine what you’re trying to achieve with a low-code platform. Is it automation, scalability, speed to market, or perhaps a combination of these? Consider who will use the platform, developers, business analysts, or other non-technical staff. Don’t forget to establish a budget, but remain flexible. Sometimes paying a little extra can significantly improve results.
Shadow competitors
Study your competitors to understand what platforms they use. This can give you an idea of industry standards and what you might need to remain competitive. Make a list of features your competitors’ platforms possess that align with your business goals.
Inquire with your colleagues
Define your business partners’ low-code platform experience. Their perspective is significant, since they may have had comparable issues. Examine how effortlessly the platform interfaces with the various tools and systems that you and your colleagues use. If your partners have verified a certain solution for security features and regulatory needs, you may save an immense amount of time and money.
Analyze offering
Create a list of potential solutions that seem to fit your needs based on your research. Go through each platform’s features. Does it offer AI capabilities, reporting, drag-and-drop functionality, and mobile responsiveness? Create a weighted pros and cons list for each platform on your shortlist.
Evaluate feedback
Platforms like G2 and Capterra can provide in-depth user reviews and ratings. Read both positive and negative replies to get a comprehensive understanding. When you go through somebody’s opinion, keep your specific business conditions in mind. Many platforms offer a free trial. Take advantage of this to conduct a ‘real-world’ evaluation. Research what kind of community and support are available for each platform.
What are the best 5 low code solutions?
Appian
Appian offers a cloud-supported, low-code platform that lets companies create tailor-made apps swiftly and with minimal manual coding. It employs a user-friendly, model-based approach, making it approachable even for those new to application development.
Best for: medium to large enterprises looking for rapid development and deployment, especially those with complex business processes.
Core features:
Drag-and-drop interface
Numerous ready-to-use frameworks
Well-integrated with third-party services
Zoho Creator
Zoho Creator is a one-stop, low-code app-building tool aimed at simplifying digital transformation for businesses. It allows different-sized companies to manage their data, streamline workflows, gain insights from their databases, and effortlessly integrate with current software solutions.
Best for: small to medium-sized firms looking to automate their operations quickly without investing heavily in traditional software development.
Core features:
Simple drag-and-drop interface
Easily collect, store, and analyze business data
Automated workflows
Built-in tools for data visualization and reporting
XME.fast code platform is another proven low-code solution for telecom, IoT, retail and healthcare business sectors. The user-friendly development environment helps companies create MVPs and validate bold business ideas in weeks. The open-source nature allows companies to work on projects of any complexity and create highly scalable solutions.
Best for: All-sized businesses looking for a way to accelerate software development with an open-source and proven low code tool.
Core features:
Fully customizable templates
API-driven
Multitenancy
Event-driven architecture
Centralized authentication and security
Creatio
Creatio is an all-in-one business platform designed to streamline your company’s operations and customer engagement processes. By combining CRM, BPM, and low-code capabilities it offers a unified solution to tackle a broad spectrum of business challenges.
Best for: medium to large enterprises looking for a flexible, unified platform to manage intricate business processes and customer relationships.
Core features:
· Endless customization options.
· Handles different workflows easily.
· Real-time analytics.
Related post: Streamlining Software Development with Low Code in 2023 Microsoft PowerApps
Microsoft Power Apps offers a user-friendly, low-code environment that enables people to craft tailored business apps without having to dive into complex coding. It’s also a budget-friendly alternative for organizations. The tool helps to eliminate the steep expenses often associated with conventional custom software development.
Best for: those looking to develop customized business solutions economically.
Core features:
· Swift business app creation.
· Drag and drop interface.
· Using apps seamlessly on mobile devices.
What makes XME.digital a suitable low code solution for business?
With a firm belief that no business idea is too complex to be transformed into a minimum valuable product, the XME.digital team takes on intricate business challenges, allowing companies to focus on sustainable growth while entrusting the technical intricacies to experts.
XME.digital’s commitment to contributing to open-source code isn’t just a statement, it’s a sustainable practice that promotes cleaner IT environments and eco-friendly initiatives. This also enables code reusability, lowering both business development time and costs.
Another standout feature is its emphasis on enabling a digital services ecosystem. This approach not only ensures a flexible and adaptable solution but also augments the longevity of your business operations.
Lastly, XME.digital takes a consultative approach through its proven delivery life-cycle that blends business analysis and support, making it not just a vendor but a reliable partner attuned to your business needs. This methodology equates to less technical debt for your enterprise, offering more significant opportunities to scale and significantly decreasing the TCO.
