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Why are Startups Betting Big on Low-Code Platforms? 

July 2, 2024 / Automation, Evaluation, iLeap, Low-Code,

In recent years, the landscape of software development has been transformed by the emergence of low-code platforms for startups. Creating apps has become incredibly accessible for both businesses and individuals with no coding background, thanks to low-code platforms.  

According to Gartner, more than 65% of all app development tasks will be carried out using low-code methods. Furthermore, around 66% of major enterprises are expected to employ at least four different low-code solutions to streamline their development processes.  

So, what exactly is low-code app development all about? 

Low-code platform allows developers to create applications with minimal hand-coding, relying instead on visual interfaces and declarative tools. These platforms offer diverse tools and techniques to assist both companies and non-programmers in constructing customized applications in the cloud. According to a recent report by NASSCOM, Indian companies and startups generated over $400 million in revenues from Low-code no-code software solutions in 2021. This revenue is predicted to grow up to $4 billion by 2025.   

The future, therefore, of software development seems increasingly intertwined with the trajectory of low-code platforms. In this blog, we will explore the profound impact of low-code platform on the future of software development. 

The Growing Trend: Why Startups are Embracing Low-Code

Startups face a myriad of challenges, such as resource constraints, time-to-market pressure, etc., with traditional software development approaches. Traditional development cycles can be lengthy and resource-intensive, posing significant barriers for startups. In today’s competitive business landscape, startups must be agile and efficient to succeed. Low-code development platforms offer a solution to this problem by enabling startups to build applications without the need for extensive coding knowledge. 

Low-code platforms for startups are here to revolutionize the digitalization of businesses. This approach significantly reduces the development time and allows startups to iterate on their products faster, responding to market feedback and changing requirements more effectively. Additionally, because low-code development platforms require less technical expertise, startups can allocate their resources more strategically, focusing on hiring for roles other than technical positions  

Startups Embracing Low Code Platforms

Key Benefits for Startups

Launching a startup poses numerous challenges, with custom software development often becoming a significant hurdle due to its cost and time requirements. However, the low-code platform offers a solution that can greatly benefit startups: 

  1. Rapid Prototyping and MVP Development: Startups benefit significantly from low-code platforms due to their ability to rapidly prototype ideas and develop Minimum Viable Products (MVPs). These platforms offer intuitive interfaces and pre-built templates that allow teams to quickly piece together functionality without extensive coding knowledge. 
  2. Customization and Flexibility: Low-code platforms provide startups with the flexibility to customize applications according to their specific needs. This customization capability enables them to tailor solutions to fit unique business requirements and adapt quickly to changing market demands.  
  3. Integration Capabilities: Integration with existing systems and third-party services is crucial for startups looking to leverage their current tech stack. Low-code platforms for startups often come with built-in connectors and APIs that simplify the integration process, allowing startups to create cohesive ecosystems without extensive development effort.  
  4. Enhanced Collaboration: Collaboration between different teams—technical and non-technical—is streamlined through low-code platforms. These tools offer visual development environments and real-time feedback mechanisms that foster collaboration, ensuring everyone stays aligned throughout the development lifecycle. 
  5. Speed and Agility: Speed is a competitive advantage for startups, and low-code platforms enable rapid application development cycles. Low-code platforms for startups allow them to easily make changes to their applications as their business needs evolve. This makes it easier for startups to stay agile and respond to market changes.  
  6. Cost-Effectiveness: Startups often operate under budget constraints, and low-code platforms help minimize development costs by reducing the need for extensive coding and speeding up development cycles. This cost-efficiency allows startups to maximize their resources, channeling funds towards strategic initiatives. 
  7. Accessibility: Accessibility refers to the ease of use of low-code platforms by non-technical users within the startup. Intuitive interfaces and visual development tools empower team members from various backgrounds to contribute to the development process. 
  8. Scalability: Scalability is essential as startups grow and expand their user base. Low-code platforms provide scalable architecture and cloud-based deployment options that ensure applications can handle increasing demands without compromising performance or stability.  
  9. High-Value Acceleration: Low-code platform accelerates time-to-market for startups, allowing them to capitalize on market opportunities swiftly. By streamlining development processes and reducing time spent on repetitive tasks, startups can focus more on innovation and business growth.  
  10. Empowering Non-Technical Teams: Low-code platforms empower non-technical team members to participate actively in the app development process. It serves as a bridge, empowering individuals across various departments to participate actively in the development process. This fosters collaboration, innovation, and a collective sense of ownership.  

iLeap: Revolutionizing Startups with Low-Code

iLeap is a low-code platform designed specifically to revolutionize how startups approach application development. With its user-centric design and robust features, iLeap empowers startups to accelerate their digital transformation journey while maintaining flexibility and scalability.  

iLeap’s low-code platform boasts multi-cloud compatibility, heightened uptime, security, and scalability. For the efficient development of web-based customer portals, iLeap emerged as the go-to solution.  

Key Features of iLeap 

  1. User-Friendly Interface: iLeap boasts an intuitive interface which is designed to simplify the app development process. This also makes it accessible to both technical and non-technical users. 
  2. Integration Capabilities: The platform offers seamless integration with a wide range of systems and APIs, ensuring startups can connect their applications with existing infrastructure. 
  3. Scalability and Flexibility: iLeap’s low-code platform provides scalable architecture and flexible deployment options, allowing startups to grow their applications alongside their business needs without constraints. 
  4. Drag-and-drop simplicity: With iLeap’s drag-and-drop functionality, building complex applications becomes as easy as assembling blocks, empowering startups to innovate easily. 
  5. Pre-built components: iLeap offers a variety of pre-built components that businesses can use to build apps, saving time and effort. 

Final Thought

The rise of low-code development platforms marks a significant shift in how startups approach software development and innovation. Startups are increasingly turning to low-code platforms to accelerate time-to-market, reduce development costs, and iterate ideas swiftly These platforms, often hailed as the architects of a new era in application development, promise to unlock unprecedented power and innovation. 

iLeap low-code development services empower businesses to streamline processes, creating on-demand web apps, mobile apps, and workflows in record time, all while prioritizing security. As startups continue to seek ways to gain a competitive edge, the adoption of low-code platform like iLeap will become a cornerstone of their strategic initiatives 

Now to start a journey of simplified development, better user experiences, and unmatched digital success.