Businesses are finding themselves in an environment that is rapidly changing, requiring leaders to curtail cost whilst growing the business to engage stakeholders in a more connected context. To respond to this business climate – companies need to become more agile, so that they are able to rapidly adjust and iterate their business models, strategies and offers to keep up with demanding business conditions.
It has long been acknowledged that traditional IT approaches and ERP systems, do not adequately equip business with the right tools to embrace and support the required change. In many cases, IT systems become inhibitors to business’ ability to flex and pivot their offerings in order to stay competitive.
Whilst ERP and other enterprise systems normally provide great support for business’ core operations, the architectures and complexities of these systems does not allow for IT departments to change and innovate at the “speed of business change”.
Whilst many organisations resort to traditional bespoke development approaches to overcome this obstacle, these transformation projects very often result in applications that are:
- Delivered too late or to business requirements that have changed
- Complex and difficult to maintain and change
- Working against IT’s objective of becoming a lean delivery organisation
- Not meeting the customer and employee expectations for a superior digital experience
Organisations will need to find ways, where IT and Business work together on digital innovation projects, that deliver much faster business outcomes in a plug-and-play style. Kirt Mead from the Leading Edge Forum describes this ability to able to snap capabilities in and out of the enterprise as needed through an analogy to the way we connect devices via a computer’s USB port today. Read his article here.
One of the ways to move organisations into this plug-and-play state is to start exploring the adoption of low-code platforms as part of their digital transformation programs. The rise of low-code (and no-code) platforms, predicted to explode into a US$15 billion market by 2020 according to Forrester, is largely driven by the need for businesses to become more agile and responsive.
Low-code platforms are useful for building applications in a matter of days or weeks and getting them out to customers or internal users to try. Depending on how these applications are received, the applications can be abandoned as non-starters or developed in new iterations that incorporate user feedback and suggestions.
For more information on how low-code can help your business achieve plug-and-play agility, contact us.