How low-code helps CIOs accelerate digital transformation
CIOs need to embrace low-code as it can help accelerate digital transformation and application development demands
TGI Fridays recently introduced Flanagan, an AI mixologist. It is an app and chatbot that creates personalized drinks based on customer flavor preferences and moods. In another side of the marketplace, Nissan integrated Microsoft Office 365 to bridge silos, unify business units, make them “mobile-enabled”, and to create a “digital workplace”. This is the age of the “future-forward experience”. As many companies and brands are working towards delivering experience, the key enablers are emerging technology and modern software applications.
Technology plays an important role in this age of the experience economy. The workplace is transforming, aiming to become more optimised. The workforce is evolving, where employees are now working beyond boundaries and using technology to collaborate and communicate in productive ways. Customers are becoming more demanding, expecting exceptional experiences. Reflecting these changes, enterprises and businesses are modernising their processes and systems.
Along with the evolving workplace, workforce, and marketplace, the role of IT leaders and CIOs is also transforming. With the demanding need to adapt to a highly-optimised and hyper-connected world, CIOs are nudged into taking a strategic role. They are now expected to be change agents, responsible not only for managing IT budgets but also to identify revenue streams and create business value.
As digital transformation has become the main agenda, CIOs are using technology strategically and leveraging digital opportunities. The fact that in 2019, 40% of technology spending (more than $2 trillion) is estimated to have been assigned to digital transformation initiatives, adoption of emerging technology has become the biggest objective for enterprises. The app economy plays a crucial in driving digital transformation and business innovation. CIOs have to consider the people, platforms, and processes that will cater to the increasing demand for modern applications.
The increasing demand for enterprise applications has led to the increasing adoption of low-code platforms in the Application Development & Delivery (AD&D) market. Enterprises are working towards leveraging agile practices and incorporating development techniques to create a minimum viable product (MVP).
CIOs and IT leaders have to determine what practices, what type of technology and the skills required to achieve modernisation. Here’s how emerging technologies such as low-code platforms help CIOs drive digital transformation ROI.
● Align goals with people, processes, and platforms — Digital transformation goals need to be aligned with the business strategy and the culture. Senior IT leaders and CIOs need to communicate the goals and ensure that their workforce is tech-savvy to deliver digital transformation objectives. Alignment of strategies with business needs and expectations will provide CIOs with a better opportunity to succeed in implementation.
Emerging technology such as low-code platforms provides IT leaders with the potential to bridge silos, streamline processes and enable teams to collaborate and focus on core innovation. Using rapid application development tools, CIOs have been able to accelerate their revenue-generation and digital transformation initiatives.
● Get equipped with a modern technology stack — Before beginning the journey of digital transformation, CIOs need to identify legacy systems that need to be modernised. Incrementally modernising traditional systems can allow stakeholders to witness the benefits and ensure wider adoption in the enterprise.
