What is vendor lock-in, and what does it mean for low-code software development?

Many low-code platforms are closed-source ecosystems tied to specific vendors, which means vendor lock-in is a common concern – but there are exceptions.

If you purchased music over the Apple iTunes store prior to March 2009, you could only play it in the iTunes media player software. Everything in your music library was locked into that one ecosystem. If you wanted to use another media player or device that didn’t support the iTunes app, your only option was to buy all your music again from another vendor. This is a textbook example of vendor lock-in.

While vendor lock-in is frustrating for consumers, it can be disastrous for businesses to the point that it can completely derail their digital transformation strategies. It’s a common issue in cloud computing, for example, because many vendors take deliberate measures to prevent or discourage their customers from switching to another vendor. As such, it can be very difficult to migrate databases between platforms, and there may be high data egress fees when doing so.

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What Is An Apache 2.0 License and Why Does It Matter To Your Business?

Open-source software development refers to the development of software and source code that users can openly access, modify and redistribute as they see fit. Open-source development can have a wide variety of extremely transformative advantages that can ultimately accelerate digital transformation and innovation. These include increased flexibility, speed and agility, reduced maintenance costs, improved security and faster updates.

However, it may be difficult for open-source developers to keep track of royalties, trademarks and patents when accessing and modifying open-source code. This is amplified by a wide variety of available software that claims to be open-source but limits user activity. Therefore, this can ultimately lead to reduced accessibility and consequent innovation. For this reason it’s important to choose open source software with the right license.

The Apache 2.0 license is the most flexible of all licenses and can be extremely beneficial for helping open-source developers access, utilize, modify and redistribute software without significant restrictions or limitations.

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5 essentials to consider when choosing a low-code platform

Low-code software development has become a vital enabler of digital transformation, but with many vendors to choose from, navigating the marketplace isn’t easy.

Picking the right low-code platform can be difficult, and not just because there are hundreds of vendors to choose from. Selecting the right platform is also a significant responsibility, not least because the solution you choose will likely come to play an integral role in your ongoing digital transformation journey. In this article, we’ll explore some of the key considerations when evaluating potential low-code vendors.

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Why Businesses Need To Be Able To Develop Apps Faster Than Ever

With rapid changes in our current business landscape and digital technology, modern organizations are now implementing and integrating more and more software into their day-to-day business processes at an exponentially increasing rate. Furthermore, as market trends and consumer expectations continue to evolve exponentially, your business needs to be able to develop powerful enterprise applications much faster than ever before.

Recent studies have shown that low-code users are 12% more likely to say that their application backlog has improved. Therefore, low-code enterprise application development platforms can help your business substantially expedite enterprise application development processes with powerful and user-friendly features such as drag-and-drop tools, instant mobility, scalability and security tools and much more.

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Why It Makes More Sense To Build Your Own Apps Rather Than Buy Them

With recent technological advancements and changes in our current business landscape, enterprise applications are now an indispensable asset to any modern organization. Therefore, most companies are now searching for the best possible way to create and manage enterprise applications.

However, many businesses may be unclear about whether or not they should purchase their applications from a third-party developer or build their own applications. Although purchasing applications may provide businesses with some convenience and ease in the immediate term, building your own applications can provide your business with substantial opportunities for flexibility, adaptability, customization, scalability and much more.

Furthermore, with the rise of low-code platforms, businesses can now build their own applications faster than ever before. A recent study conducted by Gartner has forecasted that approximately 65% of all application activity will result from low-code and no-code development by the year 2024. Low-code development can also empower citizen developers with little to no traditional coding experience to build powerful, high-functioning applications without the interference of skilled developers.

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Five Reasons Your Business Needs An App Development Platform With Strong API Connectivity

An API (Application Programming Interface) is defined as a software intermediary that can facilitate the integration of numerous organizational data sources to expedite and improve connectivity, communication and collaboration. An API acts as a messenger that sends a user’s request to a provider and then returns a relevant response from cloud-based data storage.

With exponential advancements in digital and mobile technology, API usage has significantly increased in recent years. As modern businesses are expected to collect, manage and analyze more data than ever before with rapidly evolving market trends and consumer expectations, API-centric enterprise applications are now more important than ever before. Recent studies have shown that approximately 90% of developers are using APIs in some way or another.

API-driven development refers to development that prioritizes API-centric enterprise applications and software to encourage and empower stronger connectivity and accessibility to valuable organizational data. Therefore, as APIs become more crucial for data-driven organizations, your business should understand and recognize the importance of enterprise application development platforms with strong API connectivity.

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Seven Myths About Using Low-Code For Your Enterprise That You Shouldn’t Believe

Low-code development is defined as a visual approach to enterprise application and software development that can enable citizen developers to build applications more efficiently by reducing the need to manually write code. Low-code development platforms can also help your business develop solutions that can meet your organizational needs by breaking down traditional business and IT silos through continuous collaboration and simplified development processes. Recent studies have shown that the global low-code platform industry is forecasted to reach a market value of approximately $187 billion by the year 2030.

For this reason, many businesses across numerous industries are attempting to accelerate digital transformation initiatives through the implementation of low-code technology. A growing skilled developer scarcity and growing enterprise application requirements have made low-code platforms almost indispensable for modern businesses.

Nonetheless, despite exponential advancements in the low-code industry in recent years, many businesses are still confused or unsure about the benefits of low-code platforms. Therefore, your business needs to be aware of various fabricated myths about the undeniable benefits of low-code technology.

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4 reasons why your business need an open-source support contract

The benefits of having a support contract for open-source software go beyond fixing issues. It also provides strategic support for your digital transformation.

Nine out of ten the world’s businesses now use open-source software. However, when people think about the open-source licensing model, the first thing that typically comes to mind is that it means free software. In reality, the benefits of open-source go far beyond that. These include a complete lack of vendor lock-in, community-driven support and maintenance, and end users having a stake in the direction of the software’s continued development.

When combined with the low-code approach to software development, open-source becomes the foundation of data democratization and technological innovation. The ultimate goal is for everyone in an organization to have equitable and timely access to the data they need to carry out their day-to-day roles, while giving business leaders the means to control and govern their digital assets in full.

It would be naïve and wholly misleading to claim that all these benefits can be realized without spending a single cent. While reduced costs are an undisputable benefit of the open-source model, getting the most out of it requires a certain degree of expertise and people power. After all, all software needs maintenance, and every solution must be tailored to the unique needs of individual businesses. That includes low-code development platforms (LCDPs).

Taking out a support contract for open-source software might not be necessary for everyone, but in this article, we’ll explore some compelling use cases to help you make a more informed decision.

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Five Mistakes to Avoid When Developing Apps for Your Business

As mobile technology and digital solutions continue to evolve exponentially, applications are becoming more and more valuable for business operations. Enterprise applications can help improve accessibility to organizational data and valuable insights, provide opportunities for workflow automation, simplify various business processes, improve the overall efficiency of day-to-day procedures and much more. Recent studies have shown that 47% of companies have improved their internal cross-departmental communication using mobile enterprise applications.

Although there are numerous benefits to creating applications for your business, there are certain mistakes that could potentially reduce or even negate the potential benefits of enterprise applications. Therefore, your business must be aware of any potential mistakes that occur during the application development process as well as how to avoid them.

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Why More and More Financial Services Companies Are Using Low-Code to Build Their Own Software

Due to our constantly evolving business landscape, financial services companies are now tasked with collecting, tracking, monitoring and analyzing more data than ever before. However, with organizational resources more scarce than ever before, many financial services companies may find developing custom software and enterprise applications unattainable.

However, with the rise of low-code enterprise application development platforms, businesses can build more powerful, high-functioning enterprise applications in significantly less time than ever before. Research indicates that the global low-code industry is expected to reach a market value of approximately $187 billion by the year 2030 with a CAGR (Compound Annual Growth Rate) of 31.1%.

Therefore, as many businesses now begin to implement low-code technology into day-to-day business functions, it is crucial for modern financial services companies to recognize the power of using low-code to build enterprise software.

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