2023 IT Departments: Investing in Microsoft Expert Low-Code Solutions
Low-code platforms, shaping the future of IT departments and identified as one of the best 2023 investments, boost efficiency and modernize legacy applications.
Under the current economic pressures projected by the International Monetary Fund, many organizations, including IT departments, are looking for creative ways to cut costs and efficiently meet growing demands. With an increasing application backlog against limited resources, there is a critical need for innovative solutions.
One way forward is through Low-code development platforms. A study by Edelman Assembly for Microsoft reveals that low-code is empowering IT departments to rapidly develop technical solutions, streamline data insights, and significantly reduce costs.
- Low-code platforms help accelerate legacy application modernization and development efforts through prebuilt modules.
- 89 percent of surveyed CIOs and IT pros believe that low-code effectively enhances efficiency.
- Low-code helps to reduce the app gap resulting from developer shortages and prolonged development timelines.
- It boosts application modernization endeavors and empowers organizations to quickly add value by replacing legacy applications with low-code solutions.
- 87 percent of CIOs and IT pros assert that low-code is extremely helpful in modernizing legacy applications.
- A Forrester Consulting study commissioned by Microsoft in 2021 reveals that professional developer efficiency with low-code platforms significantly improves over time.
That’s why low-code has been declared as one of the best investments for IT departments in 2023.
Delving into the importance of Low-code
Low-code technology is indispensable in the modern IT world, providing a unique pathway to swift, cost-effective, and simplified software development. It acts as a catalyst in application modernization activities and maximizes the efficiency of professional developers, ultimately resulting in significant cost savings. The potential of low-code to bridge the gap between increasing demands and limited resources further solidifies its importance for future IT investments. The effectiveness and efficiency brought about by low-code platforms are undeniably instrumental in shaping the future of IT departments worldwide.
Read the full article Low-code: One of the best investments for IT departments in 2023
Learn about Low-code: One of the best investments for IT departments in 2023
Low-code platforms are an effective investment for IT departments in 2023 due to their ability to help streamline data insights, accelerate application development, and modernize legacy applications. A survey of more than 2,000 CIOs and IT pros found that 89 percent of respondents said low-code is effective in increasing efficiency, while 87 percent said it is very useful in helping their organizations modernize legacy applications.
The Microsoft-commissioned Forrester Consulting Total Economic Impact™ study found that professional developer efficiency with low-code platforms significantly increases over time, averaging 62 percent over three years. Additionally, low-code helps organizations reduce time to value by extending existing legacy core capabilities, streamlining migration projects, and replacing legacy applications with low-code solutions. This helps IT departments meet stakeholder demands and close the app gap caused by developer shortages and traditional development timelines.
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Keywords
Low-code Platforms, Low-code Solutions, Application Modernization, Legacy Application Replacements, Developer Efficiency