Companies are now more focused on revitalizing their core business operations instead of sticking to traditional growth methods. This change suggests they are considering digital transformation rather than just pushing the same old business model harder.
For CIOs, the main challenge is fostering innovation in their already busy IT departments, and the obstacles to achieving this are numerous.
1. Large backlog : IT teams frequently face a demand for digital projects that surpasses their capacity, leading to application backlogs. Sometimes, when IT teams are able to answer the needs, it already doesn’t exist anymore or an alternative solution has been found.
2. Technology burden : A notable proportion of IT budgets is allocated to the maintenance of outdated systems, posing challenges in terms of adaptability.
3. Limited resources : The scarcity of digital skills presents a significant barrier, with a large majority of IT professionals encountering difficulties in recruiting skilled web and mobile developers.
4. Ambiguity : Embracing risk and uncertainty is essential for genuine innovation, yet many organizations struggle with this cultural shift.
Low code development platforms emerge as a powerful solution to these challenges by enabling rapid application delivery with minimal hand-coding and less skilled developers.