To get the most from low code, quantify the benefit

Low code platforms are a fantastic tool for any business but the real ROI comes from quantifying the benefit from the very beginning. Take a look at the key metrics you should be monitoring during delivery and beyond

The benefits of low-code are numerous: shorter development cycles, in-built agility and lower costs can make a huge difference to a business in any industry. Of course, when we think ROI we immediately think about money but is that the whole picture? 

Low-code is such a powerful tool with near-countless possibilities but when we consider it as purely a financial gain we forget to quantify many of its peripheral (yet crucial) advantages over other investments. The truth is, many of the rewards of low-code are easy to overlook if you don’t make a point of monitoring them from the start.

Use the following questions below to record the positive impact that low-code has on your organisation:

1. Is it aiding digital transformation?

Digital transformation is a huge focus for businesses in general and low-code platforms provide the speed and agility to move projects along at a rapid pace. The intuitive ‘drag and drop’ features and user-friendly interfaces allow business analysts to collaborate with experienced developers to revamp processes and deliver apps quickly and efficiently, with less time needed to fix errors. 

2. Are your software developers more productive?

Are you tracking and monitoring the output of completed projects? How about the measure of their impact across your business? One of the most powerful facets of low-code delivery is that more can be done in less time. This allows resources to be allocated to more mission-critical issues that require more expertise. 

3. Are you saving money?

Of course, we can’t get away from the financial benefit completely and the fact that it can be instrumental in lowering project spend is one of the biggest draws of low-code as a platform. Traditional developers with years of relevant experience can be extremely expensive and if low-code can help deliver more with fewer people, the ROI speaks for itself. Also, can low-code help replace some of the software tools and licenses that you use? Lessening your dependency on third-party companies can also be a powerful long-term benefit.

4. Is the dreaded project backlog getting smaller?

The project backlog is a common nightmare for the majority of businesses, large and small. Low-code can accelerate the development cycle of apps and other projects, which should theoretically allow your team to get more done and tackle more projects on the waiting list. With more time and fewer fires to put out, more focus can be placed on innovation and marketing your products and services. 

5. Are your people happier?

This is a big one and almost always the most overlooked: are your leaders and teams feeling happier and calmer in their roles? Are projects getting finished on time, with less conflict? One of the big indicators of the impact of low-code is the reaction to project deadlines, and also how quickly problems are solved. Not only is this ability to get things done good for your people, but it’s also good for your customer.

Utilising the speed and power of low-code development carries many benefits; it enables and future-proofs your business, supercharges innovation, and grows revenue – all whilst controlling costs. If you’re not already, you should seriously look at a low-code technology platform.


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by Procensol



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