The question; "What keeps you up at night?" is a commonly used executive thinking exercise that is revered and reviled in equal measure. Sure, it's a good way to focus attention and conversation on the things that are most mission critical. It's also a demotivating assumption that there are elements of your business that should give you stressful sleeplessness! This question can feel like an attack on our management skills. Perhaps even more frustrating is that for most of us, those stressful projects are real - and really do keep us up at night.
There is almost no company where digital transformation is not a top strategic priority in 2017. On the agenda of most business units, you’ll find digital initiatives for new ways to interact with the market or to work more efficiently. The specifications are seldom very exact, but what’s clear is that the development needs to happen quickly if not to lag the market. Business teams are clamouring for quick releases, and IT teams are overwhelmed.
Most IT projects fail. A study by Standish Group across 50,000 software projects found that only 29% of projects were successful, defined by on time, on budget, within scope and of value to the end user. Another 52% had major challenges. And 19% failed completely.
Three things that low-code can do for your digital business journey.
Low-code is a fast evolving area right now and often referred to as a revolution in the IT-sector. And it comes timely: the global business climate has never been as tough as it is today, in our customer-oriented society. To meet the augmenting demands of the market, and to keep up with (or better stay ahead of) the competition, businesses are challenged to develop applications faster and better than ever before. This is where low-code comes in.