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Low code development platforms have emerged as a revolutionary approach towards software development, allowing businesses to build high-quality custom applications in minimal time and with minimal coding knowledge. Forrester Research, a global research and advisory firm, has identified the numerous positive benefits of low code development platforms for businesses, resulting in a wave of adoption by companies of all sizes.

A low code development platform is a visual development environment that allows for the creation of software applications using minimal hand-coding. This means that non-technical users, such as business analysts or citizen developers, can participate in the development process by using drag-and-drop features to create user interfaces, logic, and business flows. Forrester Research has conducted extensive research on low code development platforms and identified several key benefits that these platforms offer.

1. Increased Speed of Application Development:

Traditional software development methods require a significant amount of coding, testing, and debugging, which can delay the completion of a project. Low code development platforms, on the other hand, offer a visual and intuitive approach to application development, resulting in a faster development cycle. According to Forrester Research, low code development platforms can reduce the development time by up to 90%, allowing businesses to bring their applications to market much faster.

2. Cost-Effective Solution:

With traditional software development, businesses have to invest a considerable amount of time and resources in hiring and maintaining a team of skilled developers. Low code development platforms eliminate the need for a team of developers, making it a cost-effective solution for businesses. Forrester Research found that businesses adopting low code development platforms experience an average cost reduction of 50% in their software development projects.

3. Empowerment of Citizen Developers:

The traditional approach to software development requires technical expertise, limiting the participation of non-technical stakeholders in the development process. Low code development platforms, on the other hand, allow business users to create applications without any coding knowledge. This empowers citizen developers to create solutions for their specific business needs, reducing the burden on IT departments and increasing productivity.

4. Flexibility and Scalability:

Low code development platforms offer a flexible and scalable solution for businesses. These platforms allow developers to easily modify and update applications as the business needs evolve. They also support integration with other systems, making it easier to scale the application as the business grows. Forrester Research has found that companies using low code development platforms experience a 25% increase in application flexibility and scalability.

5. Improved Collaboration and Communication:

With traditional software development, communication and collaboration between different stakeholders can be challenging, resulting in confusion and delays. Low code development platforms provide a visual development environment, making it easier for all stakeholders to understand and communicate about the application requirements. This leads to better collaboration and ensures that the end product meets the business needs.

In conclusion, Forrester Research has recognized the numerous positive benefits of low code development platforms for businesses. These platforms offer a faster, cost-effective, and collaborative approach to application development, empowering businesses to bring their ideas to life in a shorter time frame. As the demand for customized software solutions continues to rise, low code development platforms will play a crucial role in helping businesses stay competitive and agile in the ever-changing landscape of technology.