Low-code signals 2023 - Microsoft Power Platform Blog
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. In 2023, as organizations face economic pressures and a growing application backlog, low-code platforms enable IT teams to meet stakeholder demands more efficiently. According to a survey, 89% of CIOs and IT professionals find low-code effective in increasing efficiency, making it a valuable investment for modern IT departments.
How does low-code address the developer shortage?
Low-code platforms help organizations tackle the developer shortage by allowing non-technical users to create applications, thereby reducing the reliance on professional developers. As predicted by IDC, 750 million new apps need to be built by 2025, but there aren't enough developers to meet this demand. Low-code solutions can close this app gap by extending existing capabilities and modernizing legacy applications, which 87% of CIOs and IT pros say is very useful for their organizations.
What are the cost-saving benefits of low-code?
Low-code platforms can lead to significant cost savings by increasing developer efficiency and reducing the need for third-party solutions. A study found that Power Platform and Azure helped reduce costs by 24% due to improved efficiency. Additionally, low-code solutions eliminate manual processes and increase user productivity, further driving down costs. For example, EY's PowerPost app reduced document processing lead time by 95% and is expected to lower existing costs by 30%.
Low-code signals 2023 - Microsoft Power Platform Blog
published by Reliance Infosystems
Reliance Infosystems Group is a Microsoft Advanced Specialization Partner with Solutions Partner designations in Modern Work, Digital & App Innovation, Infrastructure and Data and AI. The group is championing business transformation for major verticals Across MEA, UK, US and Canada. We are focused on helping enterprise and midsize businesses transform their core operations to become agile, scalable and simplified by leveraging the expansive technology innovations, speed, reduced cost and unparallel flexibility resident in Microsoft Cloud. Our future-geared approach to Microsoft Cloud practices won us both the 2017, 2021 and currently 2024 Microsoft Partner of the Year for Nigeria and Botswana
.png "Reliance Infosystems"){kind=logo}
Sign in with LinkedIn