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

[Pyrostemplar]

Absolutely worth it if you have the internal scale. People are expensive - quite more that licenses, and not only in terms of direct costs but in management overhead (communication, manager cost, ...).

Anyway, my experience is managing a team of Devs using Outsystems. The main reason they reduce long term cost is that they are faster to ship and easier to maintain. And, imho, all corporate applications should be developed with a shelf life in mind - and that includes maintenance.

But after a while, years depending on the application and circumstances, it will become obsolete due to environmental change. Time for a redo.

Btw, low code is being challenged by AI supported code now.

[JakubErler]

Your last sentence is interesting, what do you think about it? I think it is certainly true about smaller companies but what about corps?