Low Code: A Key Trend for 2021 - DronaHQ
The year has been nothing less than a rollercoaster ride for the low-code technology. A roller coaster going all the way up. 2020 witnessed the entrance of major technology companies in the low-code arena – Google (AppSheet), Amazon (Honeycode), SAP Low-code vendors were able to raise at least $500 million in funding The total...
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The global low-code development platform market size is expected to hit as high as $45.5 billion by 2025 from $13.2 billion this year and it is clear why. The ‘lego-like’ building approach is becoming an extraordinarily disruptive chapter in the enterprise digital transformation story, leading to extensive funding and entry of big tech in the no-code domain.
The time it takes to build customized automation tools for business without code has made CIOs jobs easier by churning out tools faster and with more precision. Large government bodies, large ITeS firms, restaurantes – No-code technology has successfully enabled customers from various domains to reimagine the way enterprise software is created.
Microsoft expects 500 million new apps to be built in the next five years, with 450 million of those being built using a low-code tool.
Some analysts say that the rise of no-code platforms is comparable to the time before the coming of computer OS that heavily impacted personal computing. Prior to the current GUIs, only specialists could access computers. The pandemic has merely accelerated the changes that may already have been at play in the digital strategies of the organization. Delivering speed and agility at scale is going to be just as crucial in the future as it is now and the question that remains to be answered is if organizations can continue to employ low-code or no-code tools to meet the demands of the business.