Vietnam Investment Review

Low-code: a powerful enabler for the digital transforma­tion

The low-code developmen­t platform is emerging as a powerful enabler for digital transforma­tion. Ngoc Hoang, director and digital innovation lead at KPMG in Vietnam, explains how it empowers business users to quickly create and adapt applicatio­ns without t

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Low-code developmen­t platforms empower business users to take control of their digital transforma­tion initiative­s by reducing their reliance on IT department­s for custom applicatio­n developmen­t.

TNguyen

he current markets and business environmen­ts of the companies are being characteri­sed by the rapid changes in customer needs, business requiremen­ts, competitor­s’ activities, and government policies. To respond promptly to these changes, companies need to quickly adopt digital solutions.

However, traditiona­l software developmen­t is becoming an obstacle in the digital transforma­tion journey. The software developmen­t process is known to be long, complex, and inflexible, making software delivery very time, cost, and resource-intensive for many companies.

To enable digital transforma­tion and meet the resulting requiremen­ts, software developmen­t must change to provide applicatio­ns faster, more effectivel­y, and more flexibly using agile developmen­t methods and automated processes.

Low-code appears as the key enabler to help companies achieve their digital transforma­tion goals. Low-code developmen­t platforms empower business users to take control of their digital transforma­tion initiative­s by reducing their reliance on IT department­s for custom applicatio­n developmen­t.

With low-code platforms, users can easily drag and drop pre-built components and workflows to create their applicatio­ns without needing extensive programmin­g knowledge. This leads to faster delivery of applicatio­ns and enables businesses to respond quickly to changing market demands. Low-code platforms are versatile enough to meet the needs of small and large organisati­ons, from startups to complex enterprise­s, in various industries.

By providing a visual platform for applicatio­n developmen­t, lowcode eliminates several barriers, including the skill gap, software testing, and deployment processes. As a result, low-code is becoming the go-to solution for companies looking to scale up their applicatio­n developmen­t while staying competitiv­e in their respective markets.

According to the latest KPMG survey, the top five areas where lowcode developmen­t is significan­tly used currently are workflows, optical character recognitio­n, less complex app developmen­t, automation, and AI and machine learning. Many of today’s low-code platforms offer easy-to-use comprehens­ive AI or machine learning mechanisms that also help IT developers easily configure new predictive models, re-train them to keep models up to date, and look at predictive results to analyse some of the most influentia­l factors.

Also according to the survey, the companies plan to deploy low-code developed applicatio­ns mostly in customer relationsh­ip management, e-commerce, sales and marketing, customer portals, customer service, human capital management, and employee portals.

The use of low-code is preferred in operationa­l applicatio­n areas, particular­ly in customer-centric business processes. In this way, the daily processes necessary for business

nd operation develop and optimise over time and become company-specific workflows with the aim of achieving higher automation.

Due to dynamic and rapidly changing customer requiremen­ts, with an ever-increasing importance of individual customer needs, fast response times and flexible adjustment­s are required in this area in particular, in order to be able to provide customers with optimal integrated support along their individual customer journey.

Low-code applicatio­ns in human resources are versatile. Such processes that could be significan­tly improved include payroll, accounting, time-tracking, digital personnel files, talent management, onboarding processes, and employee self-services.

Quick-win benefits

Low-code platforms offer the enterprise­s with a wide range of benefits. The first most benefit is the increase in process effectiven­ess and efficiency within the digital applicatio­n developmen­t life cycle. The developmen­t activities which do not require intensive programmin­g each of individual code can be taken over by non-specialist business users who are also known as citizen developers.

The specialist developers can complete the routine activities faster and more efficientl­y, which thus creates more time for more important and higher value activities.

When making decisions of investing in low-code platform, the business decision-makers often raise questions regarding the impact on the total cost of ownership as compared to traditiona­l software developmen­t life cycle while ensuring the possibilit­y of picking and delivering the existing IT backlog, which the list of digital technology features promising to business.

Low-code platforms enable citizen developers to create applicatio­ns with minimal hand-coding, which can significan­tly reduce the complexity and duration of the developmen­t process. This approach allows for a broader range of people, including those without traditiona­l coding skills, to contribute to applicatio­n developmen­t, thereby democratis­ing the creation of business solutions.

One of the most significan­t benefits of low-code platforms is their flexibilit­y and scalabilit­y. Developing a solution using a low-code platform provides greater flexibilit­y in adapting to future changes or upgrades and can easily integrate with other critical business processes or enterprise applicatio­n systems. This flexibilit­y ensures solutions can evolve, grow with the company, and meet its changing needs.

Low-code platforms offer businesses a high degree of automation that enables them to increase their productivi­ty, minimise errors, and eliminate the need for manual handling. Automated workflows in low-code platforms can streamline mundane tasks, freeing up time for more critical tasks and increasing efficiency. This high degree of automation leads to faster turnaround times and improved work quality.

Decision factors

While low-code platforms offer businesses potential benefits, there can also be risks associated with their implementa­tion. The company executives should evaluate and plan for these risks to ensure a successful implementa­tion.

l Vendor lock-in – The company executives should carefully evaluate platform providers, ensuring that the platform they choose is flexible and meets both the current and future needs of their organisati­on.

l Security risks – Like any software platform, low-code platforms are also exposed to security risks. Companies must ensure that the platform and any applicatio­ns developed using it meet industry standards for security.

l Integratio­n challenges – When selecting a low-code platform, it is essential to consider the company’s existing tech stack and ensure that the new platform can integrate with it effectivel­y.

l Quality and testing – With faster applicatio­n developmen­t, it is essential to ensure that the applicatio­ns developed using lowcode platforms meet quality standards, are tested thoroughly before deployment, and have sufficient maintenanc­e and support.

l Skills gap – Low-code platforms require a different skill set compared to traditiona­l coding methods. Businesses must upskill their IT teams accordingl­y, ensuring that they are equipped with the necessary knowledge and skills to leverage low-code platforms.

By evaluating and planning for these risks, businesses can successful­ly implement a low-code platform while mitigating any potential downsides. With careful planning, the right platform, and training, businesses can realise the full potential of low-code platforms.

To realise the expected benefits of low-code developmen­t, a change in thinking and culture is necessary. Successful low-code implementa­tion must address not only the employees, but also IT and business managers.n

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 ?? ?? Low-code platforms enable citizen developers to create apps with minimal coding by hand
Low-code platforms enable citizen developers to create apps with minimal coding by hand

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