This approach signifies the creation of applications operable on multiple operating systems using a single codebase. For instance, an application built once can function on both iOS and Android platforms without requiring separate development efforts for each.
The significance of this methodology lies in its potential to reduce development costs and time. It also facilitates broader market reach, as the application becomes accessible to users on various devices. Historically, businesses had to choose between native development (creating separate apps for each platform) or foregoing access to a segment of their target audience.