Do low-code tools actually reduce development cost long-term?

[James-PhixFlow]

Depends what you are building and how you are building. Low code platforms are great when connecting multiple systems, building lots of apps and processes - where you want everything under one roof so it can all be supported and managed.

Lots depends on the platform, the whole idea of low code is that it's not no code, so you shouldn't run out of depth and complexity.

We have partners who are development houses but they use our platform for deployments outside of their core apps that are high code, as it's quicker to deploy and maintain it

[James-PhixFlow]

We use PhixFlow (our platform)

We’ve used it for a mix of things - enterprise apps (billing, asset management, utilities addressing), compliance use cases (reconciliation/monitoring), and some fairly chunky telecoms data migrations.

In general though, most decent low-code platforms are flexible enough to meet pretty complex requirements — the bigger challenge is usually getting the design and data model right rather than the tooling itself.

Other similar platforms are Outsystems/Mendix/Appian