Low-code insights by Flowfactory

  Some call it Configure, Price, Quote (CPQ). Others simply refer to it as their quotation process. Whatever terminology your organization uses, how quotations are managed by sales, shared with customers, and converted into paying orders is a critical process for companies large and small. And despite so much digital transformation progress in many areas, the quotation process is still under-optimized (or just plain bad) at many organizations.

Low-code är den superheta megatrenden inom applikationsutveckling som alla pratar om. Enligt Gartner kommer low-code att stå för minst 65% av världens applikationsutveckling år 2024.

För ett par veckor sedan arrangerade Gartners sitt årliga IT Symposium som även i år blev ett virtuellt event. Ett av de mest intressanta uttalandena kom från key note speaker Mbula Schoen, som menade att ”Skugg-IT är ett dött koncept”. Jag är den första att hålla med henne. 

Recently I was honoured to speak at the CIO Innovation Summit Nordics in Stockholm, hosted by IDG Sweden. I'd like to take the opportunity here to share some of the core ideas we discussed, and some of my reflections since then.

We all know or think we know who the one-percenters may be, but have you ever considered who the real one-percenters are? Let’s not think in terms of wealth here, let’s consider the bottleneck of human progress...

Listen in on this short chat between Dr. James McCabe, an award-winning Oxford scholar, and Flowfactory CEO Fredrik Lindqvist. They talk about how Flowfactory think differently to the rest of the market - a discussion that leads them into the topic of natural evolution and digital literacy. Quite a leap in a chat of only three minutes :) Get inspired!  

I just read this very interesting article from MIT Sloan: How Leading Organizations Are Getting The Most Value from IT.  My immediate takeaways align with our strategy (warning for confirmation bias) to provide a business low-code platform to let our customers transform their businesses with maximum ability to handle the "unknown, unknowns."

  The first thing business users want is to avoid any mention of the legacy system. "Can't we just work around it?" they ask at the start of every project. There is a perception that legacy systems somehow prevent innovation by standing in the way of rapid product development or quick fixes to address customer requests.

Much current thinking on competitive positioning (for example, the Harvard Business Review here; Gartner Research here; and  Forbes Leadership Insights here)  is to focus on experience, not products. Many leading companies have found that a structured product development process no longer provides a sufficient or effective compass for determining how a company can best solve customer needs.