Your organization is being squeezed at all levels. Your IT department is no exception as it looks for creative ways to cut costs while dealing with growing application backlogs. One way forward? Low-code. In this blog, Microsoft GM Richard Riley looks at research showing how low-code empowers IT to rapidly build technical solutions and streamline data insights while lowering costs. Read the blog for insight and to learn where Microsoft Power Platform fits in.
What is low-code and how does it benefit IT departments?
Low-code is a development approach that allows IT departments to quickly build technical solutions and streamline data insights while reducing costs. It addresses the growing application backlog and developer shortages by enabling faster development through prebuilt components. According to a survey, 89% of CIOs and IT professionals find low-code effective in increasing efficiency.
How does low-code help in application modernization?
Low-code platforms facilitate application modernization by extending existing legacy capabilities and streamlining migration projects. A significant 87% of CIOs and IT professionals report that low-code is very useful in modernizing legacy applications, allowing organizations to replace outdated systems with more efficient low-code solutions.
What cost savings can organizations expect from low-code?
Organizations can achieve substantial cost savings by using low-code platforms. A study indicated that Power Platform and Azure helped reduce costs by 24% due to increased developer efficiency and reduced reliance on third-party solutions. Additionally, low-code solutions can eliminate manual processes and improve user productivity, further driving down costs.
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