By Nikhil Mathur
“Speed is the new currency of business,” said Marc Benioff, Founder, and CEO of Salesforce, during a panel discussion on innovation at the World Economic Forum in Davos. In the post-pandemic digital age, velocity is the most critical business mandate. In this regard, technology can help businesses by leveraging the cloud platforms to be agile & deliver industry-speciﬁc solutions. The model-driven visual development environment which is provided by these cloud platforms allows many different methods such as pre-built/prescribed templates and drag-and-drop components to design and develop end-to-end applications and processes in lesser development time, short & frequent releases & lower cost. This helps to reduce the time to market the innovation, faster response to change management & enhance the omnichannel customer experience in a cost-effective manner. Gartner predicts that “by 2024, low code application development will be responsible for more than 65% of application development activity.”
The cloud platform natively makes every custom app mobile-friendly & optimizes mobility benefits. It provides easy-to-use and regularly updated features of advanced embedded AI & ML, a model-driven visual development environment, a rich set of drag-and-drop graphical tools, visual design components, process flow designers, and pre-built/prescribed templates. The cloud platform-based development gives complete control over available resources. The custom build apps can extend enterprise platform data (such as CRM, HRMS, ITSM, ERP) as well as seamless integration with enterprise ecosystem & third-party apps using pre-built connectors. The built-in DevOps tools enable us to continuously integrate and deliver at any scale. The cloud platform also brings custom app development within reach even for small & mid-sized businesses. Furthermore, the cloud platform development skills may be available inside the internal teams or development partners such as Credex technology with proven expertise & experience can be leveraged, leading to a preference for building apps on the platform as well as an increase in the development productivity. Increased technical assistance from the internal technical team as well as the cloud platform team resulting in greater reliability.
The cloud-based applications with improved reaction time help any business to meet the demand of an ever-changing market. In a traditional model, the scaling is always expensive, often wasteful, and sometimes inadequate. As the organization grows in transactions, data & users the custom build application can be auto scaled to adapt quickly & inexpensively and is capable of handling sudden surges in data volume therefore bringing great flexibility without any compromise on the performance. Typically, there is no additional charge for this in-built scaling feature & organizations only pay when used.
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