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Read Our eBook: Open the Floodgates of Enterprise Innovation
In today's technologically-driven world, organizations must pursue robust digital transformation to stay competitive and meet consumer demands.
According to a recent study, 80% of digital transformation leaders say they've seen an increase in profitability as a result of their changes, and 71% say digital solutions make it easier to attract and retain top talent.
Global spending on these efforts is expected to reach $2.3 trillion by 2023. Organizations are looking to address rising expectations from customers and employees for fast, on-demand access to information and services. The push toward digital transformation only accelerated with the COVID-19 pandemic as organizations were forced to rapidly—and in some cases, radically—adapt around the global disruption.
However, at the enterprise scale, technology initiatives are not only promised to be long and complex, but they often fall short of goals. Recent analysis has found 70% of large-scale digital programs fail to reach their goals, with up to a fifth of all projects considered total failures.
This increase in partial or total project failure is rooted in the fact that while enterprise ecosystems have become increasingly complex, traditional code-based (or even low-code-based) methodologies have not kept pace. Despite new programming languages, tools, and approaches, developer productivity has declined over the last decade.
Enter no-code. These solutions allow organizations to reduce complexities and speed up the digital transformation process by eliminating legacy code and technical debt and empowering companies to overcome skills shortages. A no-code application platform like Unqork helps enterprises address the issues at the core of their bloated tech budgets and high project failure rates.
In this eBook, we will explore the key challenges facing digital transformation and innovation and how no-code can mitigate or eliminate these issues. Specifically, we'll examine how insufficient business-tech alignment, legacy code, and the technology skills shortage lead to project failure and the stagnation of digital transformation—and how no-code can address these issues and more.