Low-Code Platform – Future and 6 Key Trends to Consider in 2023
Low-Code Platform – Future and 6 Key Trends to Consider in 2023
Today, it’s hard to find someone, especially in IT, who isn’t aware of the term low-/no-code. If something has been happening in the IT industry for the past two years, it is low-code platforms. The demand for the platforms is growing exponentially all over the globe. It’s not just IT clients that are after this platform; even companies out of IT have now realized the low-code platform’s significance.
Still, wondering what low-code is and why everyone in the technology space wants to invest in the platform? Find out in the sections below.
Let’s get started with the basics.
What is low code
It is an intuitive visual platform that helps the users to develop applications using visual interfaces rather than texting. So, even common users without any technical background can develop applications using this platform without breaking a sweat.
A significant reason why this platform is a runaway hit in the industry space is it allows rookies to develop applications quickly and efficiently. In other words, the business heads don’t have to rely entirely on the developers and IT team to develop applications rapidly. In this way, businesses can save much time and money.
Growth of low code in 2022
According to the report from Factmr, global sales of low code development are expected to reach US$ 14 Bn in 2022. As per the study, the industry is slated to reach a valuation of US$ 187 Bn by 2032, reflecting a positive CAGR of 29.5% throughout the assessment period.
Top reasons why companies invest in low/no-code platforms
- Modernize legacy applications
- Accelerate digital transformation
- Free up technical resources
- Leverage citizen developers
- Eliminate IT backlog
- Deliver projects quickly
- Save time and money
The above discussion shows that low code is the future of app development for companies.
Currently, low-code platforms are used by companies to bridge the gap between business professionals and developers. While the platforms perfectly do the job, as even non-IT professionals can develop and deliver applications using low-code platforms, there are still some limitations to address.
Let’s deeply dive into the low-code trends for years to come.
Here are the six key trends every business interested in low-code platforms should consider.
1. Low code for workflow automation
I mentioned the limitations of low code in the paragraph above. Setting up workflows, especially automating the workflows, is not a walk in the park for citizen developers. They have to depend on tech professionals to achieve this.
However, today, low-code platforms have started leveraging the power of Artificial Intelligence and Machine Learning to help citizen developers set up and automate workflow automation without discomfort. Microsoft’s AI builder is one such example that provides low-code platform powered by AI. This could potentially be a game changer in the field of app development.
2. Huge spike in the demand for low-code platforms
If you look at the statistics of the past two years, the demand for low-code platforms is skyrocketing. Especially, the startups, small and medium-sized companies are investing in a robust platform to improve their business productivity and delivery rate.
The search statistics below from Google Trends reveal the growing demand for low-code platforms all over the globe.
The reason for the exponential growth is simple. Non-IT professionals and citizen developers can develop applications using low-code platforms in less than three months. In other words, faster development and delivery of applications, resulting in improved customer satisfaction and RoI.
3. Low code for API-based app development
Application development using API is the new normal today, and many companies prefer this to integrate applications quickly and efficiently.
With more and more companies focusing on API-based app development, using low code for the development process will simplify the app lifecycle and help them create feature-rich and high-performing applications for the customers. A huge chunk of public and private APIs available today is a huge example of this.
4. Low code for application modernization
Today’s prime challenge for many startups and small companies is renovating their existing applications. Reinventing a decade or a few years old applications requires a lot of effort and time of professional developers.
With many new projects awaiting delivery, it is hard for any developer to focus on renovating the decade-old applications. Companies invest in low-code platforms to avoid such scenarios in the future.
With a low or no-code app development platform, renovating or modernizing the legacy applications is simple and efficient. It saves the professionals’ time and helps them focus on current and upcoming projects.
5. Low code for hybrid app development
No denying the fact that native mobile applications are the best-in-class when it comes to user experience and performance. But the time for developing the applications is enormous, and today’s customers don’t have much patience as everything is fast-paced. This is the reason why hybrid applications are introduced in the market.
With low-code platforms developing high-quality hybrid applications is painless and efficient. Not only developing the applications but also deploying them is absolutely simple and seamless.
Low code for junior developer training programs
Companies hire developers to engage them quickly in a project. Every company spends a lot on honing developers’ programming skills, which costs them a lot. Apart from cost, the duration of the training program is a pain for many.
Low codes are used to reduce this painful process. Mastering the low-code programs is not so difficult, as any rookie can easily learn the coding quickly. It saves much time for the company and quickly engages the resources. This solves the purpose and bill of the company.
It is apparent from the above discussion that the low-code platforms are here to stay for a long time, given their use cases and benefits. This is why most companies today favor emerging platforms to take their businesses to the next level.
By now, you’d have realized the significance of low-code platforms. Also, check the 6 trends shared in the post and boost your business productivity accordingly.
If you’re looking for a low-code platform for your business needs, then you’re in the right hands. We are experts.
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