The days of standing still in the business world are over. Competitive threats come in all shapes and sizes. Outliers today suddenly morph into mainstream power players. New markets sprout without warning. Customers demand more - and indeed, they have more choices. New technologies can't be ignored.
To Invest or Not to Invest? Low-Code / No-Code Rising
The hard cold truth is that we no longer have an option. Companies must invest in new technology. Otherwise, the consequences spell extinction.
But it requires skilled analysis, managing a budget and knowing the limits of your IT department.
Low-Code / No-Code platforms continue to demonstrate real-world productivity gains across every industry. Case studies show that it offers a crucial competitive edge, reducing overhead and improving the bottom line.
But you must pay to play, and the upfront costs can be hard to justify, particularly in the current economic climate.
Microsoft Power Platform Offers a Way Forward
Microsoft's Power Platform is a suite of state-of-the-art tools to help companies adapt and evolve at a pace that suits them.
But what's the actual cost, and what's the ROI?
Power Apps and Power Automate - Benefits
A Forrester Report, "The Total Economic Impact Of Microsoft Power Platform” indicates that the Microsoft Power Platform has an average ROI of about 502 percent.
The report also indicates that application development costs are reduced by 48 percent, and process efficiency increases by 5 percent per year. Companies that use the Microsoft Power Platform launched projects quickly and rapidly started workflows.
By the third year, companies that deployed Power Platform initiatives increased revenue by one percent. Operating margins increased from 12 percent to 12.5 percent.
Power Platform Pricing
The Power Platform comprises different services which can be used independently or combined. Each service is available with pay-as-you-go or subscription pricing.
Power Apps help companies build their apps within the Microsoft ecosystem. Plans range from $5 to $20 per user per month.
Power Automate enables companies to automate workflows. Plans range from $15 to $100 per user or flow per month.
