With the technology, users will be able to measure what the return on their investment will be when creating systems in Low-Code, in addition to obtaining a comparison with the traditional model of software development
GeneXus, a company that is part of the Globant Group and pioneer in Enterprise Low-Code platforms, has just developed an ROI (Return on Investment) calculator so that its customers can measure the profit or return, in capital, on investing on the company's programming platform.
The calculation of ROI, or return on investment, is a way for corporations to evaluate their actions in order to outline their strategies to increase earnings. But, when it comes to the capital invested in the development of an application, it is not so simple to do the math, as there are some variables involved that make the calculation difficult, such as the complexity of the application, the technological environment involved, integrations, volatility of requirements, the maturity of the developers, etc. Faced with this demand, the GeneXus ROI Calculator provides the calculations digitally and automatically via the link https://bit.ly/3kJytWE.
In the traditional ROI calculation model, it is necessary to subtract the investment from the return, divide it by the investment again and then multiply by 100 to have the result in percentage. The investment takes into account the initial capital invested and the extra expenses that arise with the development of the application or action. With GeneXus technology, it is only necessary to insert the data of the application that one wants to develop to arrive at the result. The GeneXus country manager in Brazil, Portugal and Cape Verde, Ricardo Recchi, explains how the calculator works.
“The user fills in some information, such as the traditional structure he imagines for the development of the project, the complexity of the system to be developed, the technological environment of the project, the stability of the requirements (degree of maintainability of the system), the typical productivity that the traditional structure has and the value of benefits for the business, among others. With this data, the calculator estimates the costs of the traditional model and the costs with GeneXus, as well as the time-to-market. With this, it is possible to have an estimated value for the ROI”, says Recchi.
In addition, the Genexus system allows users to analyze a future ROI projection. “The GeneXus calculator contains considerable variables. For example, the stability of post-deployment requirements. In other words, we were able to calculate the ROI not only for the initial development of the system, but also the estimate for a five-year horizon, including maintenance”, clarifies Recchi.
To access the digital calculator, free of charge, just access the GeneXus website.
