The Impact Of Low-Code Development On Digital Transformation Risks

Discover the transformative potential of low code development and how it can unlock efficiency in various industries.

Project management software is hardly new, but the growing trend towards digital disruption means that effective project management is more vital to an organization’s existence than ever before. The enthusiasm with which digital programs have been picked up by companies around the world is impressive. The latest research from Accenture found that 9 out of 10 executives had clear expectations for how digital could transform their business, which means that the once-massive step of achieving C-Suite buy-in is all but gone! So it is all uphill from here, right?

Wrong.

Enterprise transformation is no mean feat. As any expert on the topic knows, true digital transformation requires a total overhaul of an organization’s existing processes, rules, and roles. The prospect of sinking so much time and money into digital transformation frightens many organizations into taking shortcuts. For that reason, it is not uncommon to see companies purchase a couple applications that promise to harness the power of Big Data and then consider themselves transformed. It is only when you look closely—to end-user experience—that you can see the cracks in the façade.

Project management software doesn’t pretend to be a shortcut, or a Band-Aid fix on a gaping wound. Rather, it provides the means to execute successful projects, and according to a recent KPMG report, execution is the most difficult part of transformation.

Understanding Low-Code Development

Low-code development is a method of software development that allows developers to create applications with minimal hand-coding. Instead of writing lines upon lines of code, low-code platforms provide visual interfaces and drag-and-drop tools that enable developers to build applications using pre-built components and templates. This approach significantly reduces the time and effort required to develop software, making it an attractive option for organizations looking to accelerate their digital transformation initiatives.

With low-code development, even individuals without extensive coding knowledge can contribute to application development. This democratization of software development opens up opportunities for citizen developers, business analysts, and other non-technical users to actively participate in creating applications. By empowering these users to build their own applications, low-code development fosters collaboration between IT teams and business units, resulting in faster time to market and increased innovation.

Furthermore, low-code development enables organizations to rapidly prototype and iterate on their applications. The visual nature of low-code platforms allows for quick and easy modifications, reducing the time and cost associated with traditional development cycles. This agility is particularly beneficial in today's fast-paced business environment where organizations need to adapt and respond to changing market demands quickly.

What Does Project Management Software Do?

At its most basic level, project management software is designed to help you manage your projects, but because project management tools have been in existence for quite some time, most have far more advanced functionalities. The best project management software can do far more than simply manage projects. It can carry out scheduling, cost control and budget management, as well as handle all the information about resource management, human capital allocation, and quality management. Despite varying functionalities, the overall goal of project management software is to keep the complexity of large projects (such as digital transformation) to a minimum.
 

Why Does Traditional Project Management Fail?

Traditional project management (of the software-less or Office productivity tools only variety) fails to provide a sufficient solution because it doesn’t allow for continuity and proactive management. When companies hire consulting firms to come in and straighten out their project management, the consultants often leave behind stacks on stacks of PowerPoint slides that are promptly relegated to a dusty shelf (not to mention the massive bill they leave behind). Project management solutions should not be temporary ones--what will happen when your consultant leaves? Discontinuity and reactive management—the very definition of a company set to be disrupted.
 

Be Disruptive with the Mavim Solution

Not all software is created equal. In fact, the vast majority of project management software tools focus heavily on task planning and resource allocation, without considering the need for strategic alignment or further impact on the organization. But the Mavim Enterprise Transformation Platform is designed specifically to ensure your strategic projects are executed successfully by offering an interactive business portal that allows you to manage change projects and facilitate collaboration throughout your organization. Additionally, the Mavim ETP connects all relevant business information, which creates insight into the impact a given project will have when implemented. It is no coincidence that Gartner classified Mavim as a leader in the “strategy-to-execution” EBPA use case. By ensuring the successful execution of strategic projects, the Mavim Enterprise Transformation Platform will put your organization well on its way to being digitally transformed.

At Mavim, we understand that transformation is continuous work. For that reason, we have created a platform that allows for the continual alignment of your business model with your business strategy. In the ever-changing digital marketplace, you need a tool that brings you continuously from strategy to execution.