Low-code signals 2023 - Microsoft Power Platform Blog
Your organization is being squeezed at all levels. Your IT department is no exception as it looks for creative ways to cut costs while dealing with growing application backlogs. One way forward? Low-code. In this blog, Microsoft GM Richard Riley looks at research showing how low-code empowers IT to rapidly build technical solutions and streamline data insights while lowering costs. Read the blog for insight and to learn where Microsoft Power Platform fits in.
What is low-code and how does it benefit IT departments?
Low-code is a development approach that allows IT departments to build technical solutions quickly and efficiently, helping to streamline data insights while reducing costs. It addresses the growing application backlog by enabling organizations to create applications faster, even with a shortage of professional developers. According to a survey, 89% of CIOs and IT professionals find low-code effective in increasing efficiency.
How does low-code help in application modernization?
Low-code platforms facilitate application modernization by extending existing legacy capabilities and streamlining migration projects. A significant 87% of CIOs and IT pros report that low-code is very useful in modernizing legacy applications, allowing organizations to replace outdated systems with more efficient low-code solutions.
What are the cost benefits of using low-code platforms?
Adopting low-code platforms can lead to substantial cost savings by increasing developer efficiency and reducing reliance on third-party solutions. A study indicated that organizations using Microsoft Power Platform and Azure saw a 24% reduction in costs. Additionally, low-code helps eliminate manual processes and increases productivity, further driving down costs across the organization.

Low-code signals 2023 - Microsoft Power Platform Blog
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