Softude
Low code automation is giving businesses the power to develop and deploy applications faster, become more flexible in their operations, and be efficient without investing lump sum money and resources. This software development methodology is simply changing the way businesses are working now.
With each passing day, it is getting more and more attention. Around 84% of businesses have already adopted low code development tools and 75% of companies will use a minimum of four tools by 2030. If we calculate its market worth, numbers are simply hard to ignore. Gartner has projected its market value to $26.9 billion, which will reach $187 billion by 2030.
An approach worth billions is attractive. Despite that, nearly a quarter (23%) of companies worldwide are yet to leverage the benefits of low code. They don’t realize what they are missing. So, here is a brief on low code automation and its use cases to achieve efficiency and increase agility.
Introducing Low-code automation
Low code automation has emerged as a game-changer for businesses, enabling them to build applications and automate processes without requiring in-depth coding expertise. With its growing adoption, it has created a new breed of citizen developers who can build applications and automate workflows using drag-and-drop interfaces and visual models.
Understanding The Need
Faster Time-to-Market: There is constant pressure on IT organizations to deliver applications faster in the market which is quite difficult with the traditional approach because of the extensive coding process. Low code development company, on the other hand, ensures faster delivery of applications by using pre-built components offered by low code tools. Thus, reducing the need to write code for each component.
Increased Efficiency: With low code automation, businesses can automate routine tasks, reducing the workload on their employees. This enables them to focus on higher-value tasks that require human expertise, leading to increased productivity and efficiency.
Cost Savings: Traditional software development can be expensive, as it requires hiring experienced developers and investing in specialized tools and infrastructure. Low code development eliminates the need for extensive coding, which reduces the cost of development and enables businesses to allocate their resources more effectively.
Flexibility and Agility: Applications built using low code tools can adapt quickly to changing business needs. Since they are developed using pre-built components, modifying, and customizing them is easy and quick as per the specific requirements. This allows businesses to respond to market changes and customer demands more quickly.
Process Standardization: By using a low-code automation platform, businesses can ensure consistency in processes that are executed across different teams, departments, or locations. It also helps them easily manage, monitor, and secure those processes whilst ensuring a consistent and better user experience for both employees and customers. Thus, significantly impacting business efficiency and effectiveness.
Use cases of low-code automation
API Generation
Developing an API without developers is something businesses could not even think of earlier. They had to hire developers for it. Moreover, API generation takes months because there is a lot to do and consider like the right logic and functionality so that it matches the design. With low code tools, they don’t have to be dependent on developers and can develop API faster than before.
Customer Relationship Management
CRM is an essential part of any business, and low-code automation helps streamlining the process. It can customize the workflows and automate tasks such as lead qualification, deal tracking, and customer communication. This helps sales teams to work more efficiently, resulting in faster sales cycles and higher customer satisfaction.
Legacy Systems Modernization
Many businesses still rely on legacy systems that are outdated and difficult to maintain. Modernizing these systems is a critical process for many organizations, especially those in industries such as finance, healthcare, and government, where data security and privacy are of utmost importance.
Low-code automation platforms are great for legacy systems modernization as they can easily integrate these systems with modern technologies like cloud computing, mobile devices, and IoT devices. This enables systems to work seamlessly and take advantage of their capabilities as well.
Business Process Management
Businesses can create, modify, and automate processes across their teams and departments using low-code platforms. They have visual drag-and-drop interfaces and pre-built building blocks thus significantly reducing the time and resources needed to develop and deploy business processes.
It also reduces manual work and errors and improves collaboration between teams. Additionally, low-code process automation platforms help organizations to adapt to changing market conditions or regulatory requirements more quickly by enabling them to rapidly modify or create new business processes.
They also get a better understanding of their processes and performance through real-time analytics and reporting features, which help identify bottlenecks, inefficiencies, and opportunities for improvement.
Customer Onboarding
Customer onboarding is a time-consuming process. From collecting customer data from multiple channels, verifying, and providing product and service details, training, and support, to feedback; there is a lot to do to ensure onboarding is a seamless experience for customers.
However, it is not always seamless because of complicated data, manual verification process, lack of proper system integration, improper communication, and more. A low code process automation platform saves you from all these challenges and streamlines the entire customer onboarding process.
For example, a company can use a low-code platform to create an online form that captures customer information such as name, address, and contact details. The platform can then automatically validate the information provided by the customer and use it to create a new user account.
Workflow Automation
There are tons of repetitive tasks such as data entry and document processing that waste employees’ time. Automating these processes with the use of low-code workflow automation platforms is a way for businesses to speed up their operations and free up their employees to focus on higher-level tasks that require human judgment.
For example, low-code development platforms can be used to build an automated workflow for processing invoices. The platform could automatically extract data from invoices, validate the data against business rules, and route the invoices for approval. This could help reduce the time it takes to process invoices, minimize errors, and improve overall efficiency.
Conclusion
Low-code automation is not just a buzzword or a passing trend, but a powerful technology that businesses need to adapt to stay competitive. By understanding its use cases and incorporating it into their operations, businesses can streamline processes, free up their employees’ time, and stay ahead of the competition. The time to start leveraging low-code platforms for automation is now, and businesses that do so will reap the rewards of this transformative technology.
