Here's the big picture.
At $634 billion, software will be the largest component of business tech spending in 2017 and beyond, according to Forrester.
Meanwhile, 25 to 30% cloud adoption rates will turbocharge software spending, as more and more companies look for faster ways to build unique applications to compete and win in the digital economy.
Perhaps this is why over80% of CIOs said that they expect to play more active roles in digital transformation initiatives over the next two years, according to research by MWD advisors.
The bad news?
Approximately 69% of these respondents fear their teams are struggling to keep up with ever-rising digital expectations.
The thing is, when economic indicators are trending up, when sales and revenue are moving in the right direction, there's no incentive for companies to focus on digital transformation.
But there's a strong case to be made that this is precisely the time to transform, distinguish yourself from competitors,step up, and do things that you might not otherwise do.
This is the kind of aspirational mindset that pushes the most successful brands to evolve, to dig deeper, to become better versions of themselves.
This is the magic of low-code application development the reasonwhy more and more companies are embracing the visual design and drag-and-drop functionality of modern low-code platforms to:
- Accelerate digital transformation.
- Develop powerful business apps faster then ever.
- Create unique custom software with fewer resources and at much lower cost.
Modern low-code capability is now a strategic necessity across all industries.
Low-code-powered digital transformation rocks at starting small and making a difference quickly, according to the experts at MWD.
But it's a mistake to believe that all low-code platforms are created equal.
The trick is in choosing the platformthat best meets your digitaltransformation needs.
In their white paper Low-code platforms, ideal to drive rapid digital transformation MDWcuts through the low-code hype.
This clearly-written piece includes a handy table of features and capabilities to help you select a low-code application platform that best fits your digital transformation needs.
As low-code becomes the new normal, forward-looking organizations aredoubling down on powerful app development technology to fit their unique expectations.
How about yours?
Roland Alston
