Why companies are taking a pick ‘n mix approach to software
A recent IDC white paper sponsored by global content services provider Hyland, “Navigating software solution delivery in a digitally transformed world,” confirmed a trend we’ve seen strongly emerging around the world: organizations are using a mix of multiple technologies – low code, open source, packaged solutions – to innovate and achieve their business goals.
The study found that leading organizations recognize that software-based products and services generate significant new revenue streams, open up new markets, increase internal efficiencies, and give employees the tools they need to perform better. achieve their goals.
Further, concurring with these findings, IDC’s February 2021 Future Business Resilience and Spending Survey found that 56% of respondents said investing in software development tools and capabilities to driving broader application-based innovation was a top priority or technology investment over the next two years. , to ensure the long-term resilience and success of the company.
But to get those benefits, organizations aren’t putting all their eggs in one basket: They’re using a wide variety of commercial, open-source, and low-code software where each makes the most sense, and they’re looking for opportunities to customize their software stack to meet their needs.
While 27% of IDC respondents said they had deployed commercial software in the past 12 months, low-code (15%), no-code (16%), open-source (17%), and custom (25%) software %) together accounted for the lion’s share of software products, apps, services, and features that respondents use.
Low-code and no-code tools can help strategic business stakeholders and subject matter experts support and accelerate digital transformation.
In total, 73% of respondents’ deployments rely on the types of software typically chosen to facilitate customization. Low code and no code have been chosen by leading organizations for rapid deployment and speed of innovation, and also because they allow organizations to overcome development skills shortages and put innovation in the hands of people. businesses.
Why is personalization so important? New research finds that where once many companies relied primarily on off-the-shelf software solutions, today’s large enterprises are extensively customizing commercial software or developing new bespoke software to differentiate, disrupt and achieve their most important business goals. In short, businesses are software driven and being different makes businesses more competitive.
However, customization requires a “pick ‘n mix” approach to tools, which once required large teams of highly skilled developers. Skilled developers are a scarce resource, but fortunately, through combined efforts to create low-code, no-code, and open-source tools, innovation has become possible without securing more hard-to-find development resources.
Build a pool of citizen developers
Gartner suggesting that by 2024, 80% of technology products and services will be created by people who are not technology professionals, low code and no code allow business users such as analysts to get quickly get the results they need without having to overload limited IT. Resources.
Low-code and no-code tools can help strategic business stakeholders and subject matter experts support and accelerate digital transformation. They also allow sales team members to easily automate workflows that suit their needs, increasing efficiency and productivity.
With citizen developers empowered to solve a myriad of organizational challenges and bottlenecks, low code and no code supports the emergence of hyper-agile organizations fueled by tools customized to meet the unique needs of each. department and process, down to the needs of individual users.
Empower skilled developers
The IDC report notes that low-code tools also allow developers to customize and deliver the software that business teams need more quickly. These tools also allow developers to experiment and innovate with less risk, bypass time-consuming and costly processes, and jump straight into the integration and innovation phase of development.
Gartner also says tools used for low-code development — such as drag-and-drop editors and code generators — make it easier for more people to customize features and functions, while artificial intelligence has the potential to automate and improve many aspects. of software development.
As a result, low-code application platforms were expected to remain the largest component of the low-code developer technology market through 2022, growing nearly 30% from 2020 to reach 5.8 billion. dollars in 2021.
Forrester research reveals that weak coders are more likely to work on “advanced” or cloud-native architectures and use cases, such as containers, service mesh, and Internet of Things applications.
They also have different strategic goals: low-codes were 2.5 times more likely than high-codes to say they viewed extreme digital transformation as a high or critical priority for their organization.
Developers have been embracing low code and no code for quite some time; in fact, KPMG reported that in 2020 already, low code and no code helped developers innovate in the face of skill shortages, and 26% of executives cite low code/no code development platforms as their most important automation investment. This figure was more than double the 10% figure since the start of COVID-19.
We expect this trend to accelerate sharply in the coming years. As adoption increases, organizations will also increasingly depend on rapid application development platforms to support deployment and integration with other tools as well as data and content under- underlyings of organizations.