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A low code workflow engine addresses all the end customer challenges effectively, at low risk and without investments to be made. Innovate and redesign.
About
THE BOSBEC SOLUTION A Low Code workflow engine gives the benefits of establishing workflows that re-design workflows or innovate workflows as well as to run them in a modern cloud environment. A modern, digital and speedy alternative at low risk and cost compared to migration or re-development undertakings. A low code workflow engine addresses all the end customer challenges effectively, at low risk and without investments to be made. It gives the benefits of establishing workflows that re-design, innovate or improve legacy processes in a modern cloud environment. A modern and digital alternative with unique time to market features at low risk and cost compared to huge migration or development undertakings. A low code platform is always more seamless and easy to use. There exist several alternative SaaS solutions in the workflow engine space but we are only comparing those that empower users to both run workflows as well as create them. We have compared model-driven execution platform solutions. In this case, the visual application creation environment generates an intermediate domain-specific representation of the application in question which the platform interprets and executes at runtime.
Key Benefits
Customers regardless of industry, geography or nation face the same principal IT challenge: to reduce cost and resources in IT operations in order to free capital to drive business innovation and transformation. Understanding the IT landscape, which technologies and resources that are available to support such transition must today be a strategic priority for all. Bosbec has found in research that the most profitable organizations, independent on industry, are those that have better than benchmark performance in utilizing IT spend to produce and deliver standard IT. They all show evidence of a higher utilization of SaaS as well as Cloud in delivery and production of the IT portfolio. Given the present pace in industrialization of IT it´s Bosbec view that in order to obtain IT-leadership an organization need to spend 50 percent of the IT spend on production and optimization of IT and the remaining 50 percent on transformation and innovation. That means to move away from today’s 76 percent spend on managing, delivering and optimizing IT with a 24 percent contribution to innovation on average over to a 50/50 percent ratio in a couple of years. In order to do that an IT-organization needs efficient tools to move away from cost drivers as well as increasing the use of Cloud in production environment. The value of using a low code workflow engine for an organization is evident. The values will be obtained both in the cost structure as well as in efficiency in innovation processes. Given the present challenges and merely focusing on the legacy and work-around possibility a solution like Bosbec will address the following cost elements in an IT-budget:
Applications
For all type of organisations that will be digitalized.