The Importance of Low and No-code Development

No-code platforms promise to rule software development.

Gartner forecasts that by 2024, no-code application development will be responsible for more than 65% of all application development activity. 

Venture Beat predicts that as much as 80% of tech could be built outside IT by 2024, thanks to low-code tools. 

Here are seven main reasons we think no- and low-code platforms will dominate software development.

1. Traditional software development has fundamental problems as demonstrated by some stark statistics:

• 70% of traditional software projects fail (PWC study)
• 66% of software projects have cost overruns (McKinsey-Oxford study)
• 33% of software projects have schedule overruns (McKinsey-Oxford study)
• The global shortage of full-time developers is expected to increase from 1.4 to 4 million in 2025 (IDC 2021)
• The average annual salary for full-time developers increased by nearly 30% in five years (Forbes 2019).

2. Faster delivery

Today’s businesses operate in a more dynamic and competitive market than ever before, and every business must constantly adapt its software systems to these rapid changes. In many cases, the critical concern is not budget so much as speed. How quickly you can finish developing a project and how quickly you can make adjustments is what matters most. No-code development makes it possible to develop complete software projects and adaptations up to 7 times faster than traditional development. For example, we made a customer portal demo using Simbla with a login page, orders page, and a dashboard, and it took us less than an hour. 

3. No- and low-code seamlessly incorporates agile development practices

Agile is an iterative approach to project management and software development. Most organizations today have adopted agile working methods, and the high speed of development, makes no-Code development very suitable for these organizations.

4. Developer shortage

The software industry is growing all the time, and there is already a shortage of millions of developers and talents that continues to increase year after year. No-code systems are an excellent solution because they not only significantly reduce the duration of development and the resources that need to be invested, but also allow a large part of the development to be completed by people without a background in programming.

5. Fewer bugs and errors

Low/No-code means less coding and less syntax, so there are fewer opportunities for human mistakes. The end result is less time spent on testing and debugging.

6. Improved security

When a software project goes live, there can be quite a few security issues that need to be addressed. A project built on a no-Code environment will have had many of those security issues resolved as part of the platform. Although there are still such security risks as incorrect permission settings, etc., no-code-based software will be far more secure.

7. Cost Savings

For all six reasons already mentioned in this article – most notably shorter development time and less need for high-priced talents -- no-code-based projects can reduce the costs from initial development through to ongoing maintenance by as much as 80% as compared to traditional code-based projects.

In conclusion, such low/no-code platforms as Simbla are here to stay. Everyone can and should learn how to use them to start  reaping their huge benefits.