Invest in the Right Enterprise Grade Low code application development platform

Independent software vendors (ISVs) are limited by their ability to meet these needs and want to accelerate their own digital transitions and are therefore suffering a growing technical debt. The fact that many ISVs are largely dependent on the underlying technology that is out-of-date and lacks the agility to Enterprise Grade Low code application development platform fast is one of the causes of these difficulties.

Low-code development platforms (LCDPs) were primarily developed at the start to meet the needs of citizen developers in businesses that lacked. However, inside expertise is required to construct customized applications from the start. But LCDPs have advanced to the point where they now affect not only the process of developing software but also how it is distributed.

Why should software vendors invest in low-code?

ISVs have traditionally resisted low-code. After all, ISVs take pride in having highly qualified development teams who are skilled at coding and creating software solutions from the ground up. Even now, there is a popular misconception that “professional developers” don’t use low-code solutions. But this is far away from the reality of current LCDPs.

In actuality, today’s LCDPs are really quite capable of handling complex business logic and particular application requirements. The benefits they can provide to ISVs are undeniable, even though they won’t soon completely replace conventional software development approaches. An LCDP delivers scale, speed, and significant cost reductions in addition to ease of use.

These benefits are available to all modern businesses, but especially to ISVs, for three key reasons:

1. Scalability

For each customer, many ISVs keep various implementations of their software products. In a time of rapid technological advancement, maintaining these items can be so difficult that there is no more area for having to bring on new clients.

The majority of LCDPs offer the capabilities, functions, and standards required for supporting applications over their entire lifecycles. Industry-leading LCDPs have no runtime requirements and are created with scalability in mind.

2. Speed

Technical debt is still a significant problem because learning how to code from scratch takes time, even for technical people. While it is possible to avoid this by reusing parts of the code, reuse is frequently limited by the underlying technology.

When compared to coding from scratch, low code can reduce the time it takes to construct popular software applications for users by as much as 90%. Additionally, it is much simpler to maintain current apps, which enables more time to onboard new clients.

3. Cost

Talented software developers have now become high in demand, and the industry in general still has a large skills gap. The cost of keeping a fully staffed software development team has never been higher.

Final Verdict:

Although every ISV takes pride in having skilled software developers at work, low code enables them to keep smaller teams of qualified employees. Enterprise Grade Low code application development platform also reduces costs by enabling non-specialists and junior programming, and the cost is then passed along to clients to give them an advantage in the marketplace.

IF you want to know about Low code application development Platform for Enterprises and ISVs or Compare Low code Platform alternatives Mendix vs Outsystems vs Wavemaker and Low code Rapid application development Platform Studio