Forrester insights: Total Economic Impact of low-code platforms

Written by Patricia | Oct 4, 2022 10:37:18 PM

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.

To stay ahead of the pack, download the Forrester report from OutSystems now.

To find out more about low-code visit this page and check out our ebook Low-Code Explained

About the Author:

Patricia Gailey

Patricia Gailey is Head of Marketing at PhoenixDX, where she brings a passion for storytelling and customer engagement to every article. At PhoenixDX, we help organisations accelerate digital transformation, modernise legacy systems, and build resilient apps faster with OutSystems and AI-powered solutions.

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