WHY YOU SHOULD USE LOW-CODE FOR YOUR ENTERPRISE BUSINESS APPS TODAY. FULL GUIDE UNDER 10 MIN

Summary

The video script emphasizes the transformative impact of low-code platforms on business applications, highlighting their potential to enhance company margins through improved software quality. It contrasts the evolution of software development from the 1940s to the present, where low-code solutions like Retool and Xano stand out for their ease of use, modern features, and ability to streamline complex app development. These platforms prioritize user experience, open APIs, and standard compliance, reducing development time and costs. They also offer secure, reusable components and promote company-wide code reuse. The script positions Retool as a front-end platform and Xano as a comprehensive back-end toolbox, both supporting modern cloud deployment and integration with current technologies. The video concludes with a call to action for companies to leverage these tools for their next business application, presented by Code Store, a leading authority on low-code technology.

Takeaways

• 📈 **Quality Impact**: High-quality software directly enhances a company's margins by increasing efficiency and providing better insights for decision-making.
• 🚀 **Evolution of Software**: Software has evolved from web apps in the 1990s to cloud computing in the 2000s, and now focuses on user experience, open APIs, and modern standards like JavaScript and REST.
• 🛠️ **Good vs. Bad Software**: Good software prioritizes user experience and is open and standards-based, while bad software remains developer-centric with closed architectures and vendor-specific databases.
• 💡 **Unique Business Needs**: Traditional platforms like Salesforce and Microsoft Dynamics may not fully meet unique business needs and can be expensive due to seat-based pricing and underutilization of features.
• 📱 **Modernization Challenge**: Custom front ends are often needed to modernize outdated user interfaces, which increases build and operational costs and requires challenging integration with platform APIs.
• 💰 **Software as Revenue**: For software editors, software generates revenue rather than being seen as a cost, emphasizing the potential of well-crafted business applications.
• ⚙️ **Low Code Platforms**: Low code platforms simplify the development of complex applications by handling hosting, authentication, versioning, and more, reducing the need for deep technical skills.
• 🔍 **Low Code Landscape**: The rise of React in 2015 has influenced the modern features of preferred low code platforms, which offer native React and GraphQL support.
• 🏆 **Top Low Code Platforms**: Retool and Xano stand out in the low code space for their ease of use, quality user experience, and productivity, with Retool focusing on front-end and Xano on back-end capabilities.
• 🌐 **Cloud Integration**: Both Retool and Xano support 'bring your own cloud' for flexible deployment, and integrate seamlessly with tools like GitHub and Active Directory.
• 🔧 **Remote Management & SLAs**: These platforms offer remote management capabilities and aggressive enterprise-grade SLAs for reliable operation, catering to the needs of large-scale companies.

Q & A

What is the predicted percentage of all business applications that will be produced using low code tools next year?

Low code tools are predicted to be used to produce 75% of all business applications in the world next year.

How does the quality of software developed for a company impact its margins?

The quality of software developed for a company directly enhances its margins by increasing efficiency, turning data into insights for better decisions, and enabling seamless teamwork even from remote locations.

What are the essential functions handled by back-end service APIs in complex business applications?

Back-end service APIs handle essential functions such as authentication, project management, and expense validations for top management in complex business applications.

How does a well-crafted business application benefit a company?

A well-crafted business application benefits a company by automating routine tasks, increasing efficiency, providing powerful tools for smarter and faster work, and enabling seamless teamwork, even from remote locations.

What are the characteristics of good software according to the evolution mentioned in the script?

Good software now prioritizes user experience, is open API first, and builds on standards like JavaScript and REST, contrasting with bad software which remains developer-centric with closed architectures and vendor-specific databases.

Why are traditional platforms like Salesforce and Microsoft Dynamics not fully suitable for unique business applications?

Traditional platforms are designed to serve as a common denominator, addressing broad needs of large companies, which leads to underutilization of their vast feature lists and overpayment for unused features. They also often require custom front ends to modernize outdated user interfaces, increasing build and operational costs.

How does software viewed as a cost impact traditional companies?

For traditional companies, software is often seen as a cost rather than a generator of revenue. This perspective contrasts with software editors where software is used to produce revenue through sophisticated solutions.

What is the significance of the evolution from classic code-first approaches to low code platforms?

The evolution signifies an 80-year journey of incremental evolution in software development. Low code platforms enable companies to easily build complex apps by simplifying hosting, authentication, versioning, and more, reducing the need for deep technical skills and significantly cutting down the build time of software.

What are the key features that make Retool and Xano stand out as the best low code platforms in 2024?

Retool and Xano stand out due to their ease of use, quality user experience, and productivity. Xano offers a flexible PostgreSQL data model, data visualization, and security features, while Retool provides a comprehensive component library, an integrated workflow management system, and the ability to handle complex events.

How do Retool and Xano support the development and deployment of custom APIs?

Xano allows for the creation, testing, and deployment of custom APIs in minutes, even without specialized coding knowledge. Retool, recognized as a front-end platform, excels when paired with Xano's backend capabilities, positioning them as leaders in the low code space.

What are the advantages of using low code platforms like Retool and Xano for building business applications?

Low code platforms like Retool and Xano offer reusable features, ensure security, support microservices architecture, reduce build time by up to 60%, and promote company-wide code reuse. They also enable easy front-end scaling, seamless integration with tools like GitHub and Active Directory, and provide remote management with enterprise-grade SLAs for reliable operation.

What services does Code Store specialize in for building next-generation business applications?

Code Store specializes in migrating legacy software to modern low code platforms, replacing costly custom solutions with tailor-made low code apps, and automating manual business processes with the power of AI and low code.