According to McKinsey, 70% of digital transformation projects fail to achieve their goals. That’s a worrying statistic, especially given the global frenzy for business transformation, regardless of size or revenue. After an almost successful pilot program, the main challenge is to scale digital innovation.
Digital Darwinism has caught the IT industry by surprise, with technology advancing far faster than businesses can keep up. It’s time to build a new ecosystem based on focused technology leadership, innovative building blocks, and unwavering digital maturity to realize your long-term digital vision. Demonstrating the different stages of digital transformation and identifying where your company currently stands is critical.
This is the essence of Digital Transformation 2.0. This requires a fundamentally transformed workforce. There is a need to focus on empowering frontline workers in the business. Organizations need to take a holistic approach to innovation and foster a DIY culture across different sectors.
Often, business users want to innovate, but they don’t understand the concept of innovation or how to build it. Now is the time to think about innovation at scale and develop a training process for our employees to build certain applications independently and without significant IT involvement.
How No Code Accelerates Digital Transformation 2.0
Given that most companies struggle to find the right tech talent, they must find new ways to meet the demands of digital transformation. no code Assist in the development of digital solutions by facilitating the creation of solutions and reducing the time and resources required. Regardless of their technical skills, everyone can create applications that can contribute to accelerating digital transformation.
i) Accelerate visual development
The no-code platform reduced the time to create new applications by 90% (from more than 6 months to less than 4 weeks). Drag-and-drop functionality allows developers and non-developers to build enterprise applications anytime, anywhere. The ability to quickly build a working prototype of a potential solution and test it is a key feature of a no-code platform.
No-code tools allow business users to understand and understand operational challenges. They can create working prototypes using a drag-and-drop interface, preconfigured connections to data sources and APIs, and built-in security. Most low-code app development projects have little to no coding because most of the boilerplate has been removed.
Component reuse is another advantage of using low-code tools and pre-built component catalogs and pre-configured modules. Using standard UI components, such as menu bars, buttons, form sections, etc., users can leverage predefined UI components and combine them into a full-fledged application.
ii) Democratization of application development
According to Gartner, the demand for business applications is five times the available computing power.
Therefore, one of the main obstacles to digital transformation is the lack of talent. Companies can enable teams to produce cutting-edge digital solutions for day-to-day operations, while complying with IT security regulations and addressing cybersecurity concerns by turning many semi-technical employees into citizen developers.
No-code lets you build apps, websites, workflows, and automated recipes with a simple user interface. Some of the best low-code platforms support back-end integration, allowing users to connect their digital solutions to multiple data sources and create a unified web portal.
Therefore, citizen developers can help accelerate business value in addition to increasing development resources. IT can handle the most complex digital problems when it comes to building business applications.
iii) Improved scalability
Many companies have massive backlogs of projects, resulting in billions of dollars in lost revenue. It’s like they can’t find the right talent to seize business opportunities fast enough, or they can’t prioritize them over other tasks because they can’t find it. Low-code helps your development team get more work done in less time, reducing latency. No-code development transforms pre-built UI components, integrations, and custom logic into visual building blocks that are easy to copy and paste.
With out-of-the-box connectivity to multiple data sources, users can easily connect to data from various business functions and extend applications.
A no-code approach reduces the time and effort required to scale and maintain applications across an enterprise or millions of users. In minutes, developers can build once and deploy it anywhere. Extending applications from one geographic location to another is simple with easy cloud deployment.
iv) Improved application lifecycle management
The main goal is to create applications that are adaptable to improvements, cost-effective, fast to develop, and less complex to maintain. No-code development accelerates application delivery by allowing users to deploy applications with just a few clicks instead of relying on DevOps or engineering teams.
All phases of the application lifecycle, including development, deployment, monitoring, maintenance, and updates, can be executed in real-time from a single point, ensuring security, compliance, and version control, depending on the platform.
During the software maintenance phase, the ability to quickly modify what has been developed to ensure that the application continues to serve the purpose required by the business is essential.
v) Business function expansion
Digital transformation is more than an organization’s ability to transform its existing services, skills and processes into digital assets. It also extends its capabilities by integrating no-code, low-code or hand-coded applications with valuable third-party solutions.
Modern no-code platforms facilitate seamless integration of current systems with legacy technologies and allow easy configuration of APIs using plugin components. They graphically represent all key software components, including third-party integrations, in an easy-to-configure visual user interface.
These third-party integrations allow businesses to:
- Don’t miss out on important solutions on the market
- Improve operational efficiency
- Leverage legacy systems
vA generation) Reduce time to market for minimum viable products (MVPs)
Launching your MVP (an early but viable version of your product) is a smart way to validate your business model and stay on top of your digital transformation. You can gather ongoing feedback from customers and external stakeholders before the full release. MVPs help to better understand the end-user experience and come to a consensus on what works and what doesn’t. It can provide competitive product positioning information and use resources sparingly.
Traditional code requires a lot of time, investment, and resources, and even the most basic iteration of a product—including creating wireframes—shows basic mockup images of software interface elements.
No-code platforms are designed to create effective MVPs with shorter software development life cycles (SDLC) and better time-to-value. Without code, you can shift your focus from technical issues to user experience and marketing strategies. Plus, you have the flexibility to respond to stakeholder feedback by customizing your solution on the go.
A lot of people are more inclined towards digital. We sometimes call them “digital natives.” They grew up with technology, but they didn’t want to work in the field. They want to work in marketing. They want to work in operations or sales and trust technology to help them improve their operations. They think they can automate more, make things more data-centric, and add the right dashboards to help people make better decisions.
In order to achieve the goals of Digital Transformation 2.0, encouraging these people and adapting to technologies such as no-code are the right steps in this direction.