Innovation is crucial for all businesses. This is especially true in times of economic uncertainty.
One way for businesses to be innovative is with the help of low-code. Iterate’s low-code allows them to innovate quickly for their customers and rapidly develop complex, integrated solutions companies need now in a market downturn, when it’s crucial not to waste resources.
Brian Sathianathan, co-founder of Iterate, understands the importance of low-code for innovation, especially during market downturns.
“With budget freezes on new hiring, low-code enables the existing workforce to deliver complex projects successfully. Low-code also enables the organization to bring digital projects to life 17x faster, saving much needed time and money for the organization in a downturn,” explains Sathianathan. “Digital initiatives have a higher failure rate within organizations. In a downturn it becomes even more important to deliver these initiatives with a lot more constraints. Low-code enables us to balance the risk via reuse, rapid development, upskilling and extensibility. We have seen our low-code platform, Interplay, create these benefits over and over again for our large enterprise customers.”
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