Since 2020, low-code platforms have been developing at a very rapid pace. Lockdowns and economical conditions compelled business owners and developers to look for faster and cheaper ways to develop software. This pumped up an interest in the low-code platforms that offer a faster and easier way to create sophisticated software on short notice.
According to Statista research, the low-code market will reach $65 billion by 2027. This is almost 5 times higher than the current low-code market capitalization. Such rapid growth means that low-code development is here to stay and will bring even more benefits. But as always most of the advantages will go to the early adopters among developers and business owners alike.
But how can you use the low-code platforms to streamline your business software development? In this article, we will tell you the 10 low-code platforms use cases for various business applications. Also, we will touch on the benefits of low-code development and industries that accrue the most value from low-code right now.
How businesses benefit from low-code development
Lower operational costs
Low-code requires only a few developers to build apps. You won’t need such specialists as UI/UX designers and testers as long as low-code platforms substitute their impact with automation tools and templates. Therefore, you’ll spend much less money on your app development.
Fast time-to-market
With a low-code platform, you can get your app in a matter of days or weeks. The visual interface, code suggestions, and drag-and-drop elements allow low-code developers to build applications faster without sacrificing the quality of code. In fact, the low-code testing tools automate QA routines that ensure the clarity of code. In addition to the accelerated development, low-code business applications are very easy to deploy.
Flexible software delivery
Low-code platforms make it easier to change and replace the existing code patterns and keep up with the latest updates. In this manner, low-code platforms make it easier to rewrite code or scale it up with additional components. For instance, using a certain user plan, you can reverse back to any app development stage to make necessary adjustments.
Extended platform capabilities
Low-code enhances app development with open APIs. It improves usability and extends the functionalities of your business apps. Businesses use all kinds of APIs for electronic payment services, logging in through social media, automatic application updates, product delivery control, etc.
Unique integrations
With low-code you’ll be able to connect your applications to the best technologies and services: cloud services, AI (Artificial Intelligence), blockchain, and ML (Machine Learning).
10 business apps you can build using low-code platforms
Supply chain management
Low-code apps for supply chain management apps enhance the data-related operations in warehouses. Simply put, the app will unite all your database-side information, spreadsheets, and manuals. Supply chain management software brings flexibility allowing users to derive and change the necessary info in a matter of seconds. What’s more, such APIs as a built-in messenger will make the field communication between the supply chain staff way more efficient.
B2C mobile applications
With a low-code platform, you can create a functional B2C application without the help of multiple software developers. Low-code consumer apps are not inferior to high-code ones. They have all the necessary features that a B2C app needs: in-built payment services, elaborate user authentication, APIs for automatic mail distribution, etc. Besides, such apps are easier to maintain and scale up as your business evolves.
Microservices
Low-code development can help businesses to divide their larger apps into independent yet interconnected microservices. Such software structure streamlines the work of each part of the system, making the faster to reboot, adjust, and maintain.
Web customer portals
You can easily create a self-help portal for your customers and employees using low-code development platforms. Bringing an additional revenue stream will take some workload from your customer support department. Using the low-code customer portal, clients will be able to interact with your business without having to turn to a customer support specialist and wait for a response.
SaaS development
Low-code platforms significantly reduce SaaS software time-to-market facilitating the process of prototyping, testing, and deployment. This is one of the most stress-free, budget-friendly, and fast ways to digitize sales.
Internal tools
Internal tool builders are one of the most widespread use cases of low-code platforms. Low-code internal tools are suitable for routine tasks automation, team interactions, and business data management. There are quite a several trusted platforms for internal tool creation, including the low-code behemoth, Retool.
Policy compliance control
Some businesses, especially large enterprises, have to comply with multiple regulations and respond to them with the corresponding internal rules. Everyone in the company should be able to access regulatory data and easily navigate through the various policies and rules of conduct updates. Low-code allows businesses to build simple yet effective applications to spread the regulatory standard updates throughout all the business departments in an instant.
IoT sensor integrations
Some businesses find it hard to connect the latest IoT sensors with their legacy systems. Here low-code platforms come to the rescue with the APIs and data output systems for building a stable connection and seamless data flow between the sensors and business software.
Legacy software updates
Low-code platforms are an invaluable asset when it comes to legacy systems’ upgrades or substitutions. Using low-code, you’ll be able to integrate the top cloud services, add additional features, and omni-channel streams from various databases.
IT tasks facilitation
Middle and large businesses usually have small IT departments to handle some minor software-related issues or just create some little apps. Buying a subscription to one of the specific low-code platforms can serve as an alternative to hiring IT specialists. Citizen developers can use low-code solutions to an extent sufficient to cover the most usual internal IT tasks such as simple system adjustments and workflow automation tools development. Above reducing the it-related expenses, low-code apps and adjustments are quick to build and deploy.
Low-code development industries
eCommerce
Retail businesses use low-code to develop tools for warehouse management, product delivery tracking, and order handling. Low-code tools serve more as a supplement to the big e-commerce platforms that lack some unique features.
Education
The speed of low-code development can come at hand when it comes to educational software development. With a suitable low-code platform, EdTech businesses create a complex learning management system as well as small digital tools for attendance tracking and score data collection/structurization. As you can imagine, these numbers constantly change and may require frequent app scaling and new integrations. Low-code development is the perfect solution in this case as it does allow one to create a tool in a matter of days and implement it instantly.
FinTech
Consumer apps of financial service providers require frequent maintenance actions and scaling. Additionally, there is a necessity to alter the code that stems from the policy changes. Legacy programming languages cannot support continual updates and interventions. That’s why multiple businesses across the FinTech industry are incorporating low-code applications.
Healthcare
Currently, healthcare low-code applications are about secure data sharing between doctors and patients. Low-code platforms are able to produce precisely what hospitals need in this case: a functional application that complies with all the healthcare software security policies (HIPAA).
Hire professional low-code developers
If you’ve decided that the low-code development approach is what suits your business objectives the most, you can book a free consultation with our CTO. In this consultation, we will discuss your goals, and requirements, choose the tech stack (a suitable low-code platform, databases, 3-d party services, etc.), and estimate the approximate time and budget for the project.
Here, at Akveo, we develop all kinds of software for businesses around the world for more than 7 years. Besides, we are proud to contribute to the world’s development community with our open-source software (EVA design system, UI Kitten) and free digital tools. You can also check our case studies to get more information on our projects and clients.
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