Forrester insights into the total economic impact tei of low code platforms
Forrester insights into the Total Economic Impact (TEI) of low-code platforms
Why is low-code eating the world?
Low-code platforms are estimated to capture 64% of the global app development market by 2024. What is it about low-code software development that is making it a ‘must have’ for successful businesses?
A recent study by Forrester reveals that the Total Economic ImpactTM (TEI) of using high-performance low-code platforms can:
Deliver an ROI of more than 500% over 3 years
Pay back initial investment in less than 6 months
Reduce app development costs
Deliver new initiatives to the market faster, increasing revenue.
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