Quadrant Knowledge Solutions Market Insights research provides detailed insights on the effective use of low code application development to develop virtual product modelling platforms to improve efficiency and pace of the development process.
In today’s consumption driven economy, the virtual product modelling (VPM) market requires organizations to rapidly develop VPM platforms for various industry use cases and deploy them at equally rapid pace to meet the ever-increasing consumer demand for new product. Developing a VPM platform is a time consuming and technically challenging task due to limited availability of skilled development professionals. To accomplish this, organizations are adopting low code application development platform to automate repetitive tasks involved in VPM platforms and to accelerate the testing, remediation and the overall development process.
Low code supports the development of virtual product modelling platforms in the following ways:
- Provides an intuitive GUI to drag-and-drop required features.
- Facilitates effective collaboration among the development team and data integration across the organization.
- Allows for real time simulation for design concepts.
- Manages high volumes of design data for effective prototyping.
According to Abhishek Anant Garg, analyst at Quadrant Knowledge Solutions, “The organizations looking to adopt low code application development platforms for developing VPM platforms should prefer cloud deployment, making it convenient and efficient to manage their computing, collaboration, and data management needs. They should select the vendors considering the current requirements but also consider the future scalability requirements according to the growth of VPM market.”
Table of Contents
- Introduction to virtual product modelling.
- Benefits of virtual product modelling.
- Challenges with current virtual product modelling platforms
- Why virtual product modelling platform vendors should adopt low-code development?
- Case Study: Siemens NX
- Conclusion and recommendations
This Market Insights is a part of Quadrant’s Low Code Application Development Platform for Business Users 2022 and Low Code Application Development Platform for Professional Developers 2022 report.
Authors: Abhishek Anant Garg, Research Analyst & Anant Saxena, Associate Research Director, Quadrant Knowledge Solutions.
