Try New Ideas Quickly:
The problem with traditional programming is that the specifications have to be pretty well tied down before you start. This creates an environment where new ideas and approaches are an impediment to getting results. Low-code turns this idea on its head and allows folks at all levels to try ideas and enhance them quickly if they are considered "good" or more easily throw away those that look to not deliver the end goals. While low-code is not a simulation approach, it can be used in a "do it, try it, fix it" fashion without the guilt of wasting a lot of time and energy. This reduces IT having to say "NO" so much and from business, folks having to have perfect specifications.
Expand the Developer Pool:
Programming skills are a choke point to getting results, so why not make more programmers by giving business professionals a shot at modeling, configuring and even developing business applications. Some like to call this "citizen development" where many folks can create processes, programs and, reusable programming services. This allows for putting more hands to developing software solutions that achieve desired business outcomes.
Accelerating Digital Transformation:
The problem with digital transformation is that it is a big job. Also, the platforms that are being left behind can be on fire and considered burning platforms for the long term. Because of low-codes ability to accelerate ideation and the programming tasks, it becomes strategic to race away from and leverage key legacy components. Once a digital target is identified, low-code can get you there faster with more resources aimed at the set of solutions.
Yes, low-code is fast code, but finding the right destination is another side benefit of low code, Yes, low-code cuts cost by increasing productivity, but it also enables effective use of more resources to reach the right destination. Low-code can help noodle out the right destination through iteration or leveraging trial and error approaches. It's hard to lose with low-code if you understand how much it can really help.