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One to keep an eye on
New research by Mendix (opens in new tab) has claimed low-code is about to have its day after transforming from a crisis management technology during the pandemic.
While many studies try to quantify the most popular programming languages around, Mendix instead reckons low-code is still somewhat of a dark horse.
Its figures suggest that more than two-thirds (69%) of businesses have increased their use of low-code to the point that it is now a core technology, with 10% claiming that it had become a foundation for their operations.
Other companies value low-code so highly that, given the rapidly evolving landscapes that panned out in 2020 and 2021, they would have gone out of business without adopting low-code.
Confidence in the technology seems to have shifted in recent years, with around two in five now using it to build mission-critical solutions like enterprise software. Looking ahead, a large proportion of businesses are expecting to commit to more software development which would see low-code continue to surge.
One Gartner projection places low-code and no-code applications at 70% by 2025, up from 25% in 2020.
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Benefits can be seen across a wide spectrum of industries, including fintech and insurtech.
Public sectors claim to have “improved, centralized, and standarized citizen ID authentication; improved access to services; and improved planning and management of budget and physical resources”, while many retailers claim a large portion of their success in adapting to digital store shopping and e-commerce can be found in the adoption of low-code.
With two or three years of major shake-ups globally, Mendix CEO, Tim Srock, explains that “it is now absolutely critical to digitalize operations and engage with customers and employees through different modalities and touchpoints.” Low-code gives businesses that extra agility by enabling quicker development, easier automation, and the potential to drastically reduce costs.
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With several years’ experience freelancing in tech and automotive circles, Craig’s specific interests lie in technology that is designed to better our lives, including AI and ML, productivity aids, and smart fitness. He is also passionate about cars and the electrification of personal transportation. As an avid bargain-hunter, you can be sure that any deal Craig finds is top value!
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Post expires at 11:29am on Monday March 13th, 2023