C-Level Executives Lead the Charge in Adopting Low-Code Platforms

October 9, 2024

The rapid adoption of low-code platforms in enterprise organizations can be largely attributed to enthusiastic support from C-level executives, who often cite cost-saving potential and productivity boosts as primary motivators. Low-code platforms, which allow users to create applications with minimal hand-coding, have proven particularly compelling in an era fiercely focused on digital transformation and efficiency. According to a recent survey, 49 percent of executives identify financial reasons as a main driver, suggesting a strong belief in the technology’s ability to offer significant cost reductions. Furthermore, 80 percent of executives believe that low-code platforms enhance IT team efficiency, while 79 percent assert that these platforms provide a notable decrease in operational costs.

The widespread acceptance of low-code platforms is evidenced by the fact that nearly all companies, an impressive 98 percent, now incorporate these tools into their software development processes. Notably, a significant portion, 69 percent, are utilizing multiple low-code platforms, demonstrating a robust commitment to this innovative technology. Beyond cost savings and operational efficiency, low-code platforms are celebrated for their ability to accelerate time-to-market, with 73 percent of surveyed executives affirming this benefit. An additional facet driving the adoption of low-code is its integration with AI, which 85 percent of respondents agree accelerates innovation.

Challenges and Governance in Low-Code Adoption

The swift embrace of low-code platforms in large organizations is largely fueled by strong backing from C-level executives, who often highlight cost savings and productivity gains as key motivators. Low-code platforms enable users to build applications with minimal coding, making them particularly enticing in this age of digital transformation and efficiency. In a recent survey, 49 percent of executives pointed to financial benefits as a primary reason for adoption, reflecting a strong confidence in the technology’s cost-cutting potential. Additionally, 80 percent of executives believe low-code platforms improve IT team efficiency, while 79 percent see a significant drop in operational costs.

The acceptance of low-code platforms is virtually universal, with 98 percent of companies integrating these tools into their software development processes. Notably, 69 percent of these companies use multiple low-code platforms, showing a strong commitment to this innovative approach. Beyond financial and operational advantages, low-code platforms are also praised for speeding up the time-to-market; 73 percent of surveyed executives confirm this benefit. Another driving factor is the integration with AI, which 85 percent of respondents agree boosts innovation.

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