Artificial intelligence is reshaping many industries, and healthcare is not an exception. Starting from face recognition of staff to diagnosing the most complicated diseases is seamless with the help of AI. AI is impacting every section of healthcare and has surplus use cases in the ever-growing Healthcare sector.

If I have to name a technology that has been evolving exponentially over the past few years, it should be low- or no-code development platforms. Ever since they are introduced into the market, their demand has been skyrocketing. As the platform enables business persons, otherwise called as citizen developers, to develop applications using drag and drop interfaces quickly, it is celebrated by everyone in the business space. So, is low- or no-code platforms a runaway hit and future for the IT sector? Before immediately acknowledging with a YES, there is a prominent factor that needs to be considered. It is the security of these platforms. Often overlooked, the security threats associated with these platforms are cited to produce catastrophic results for some companies. So, enterprises must consider the security loopholes associated with low-code platforms. This post will brief you about the security concerns arising out of low-code platforms and what businesses must do to avoid such things in the future. According to Fortune Business Insights, the global low code development platform market size was USD 10.82 billion in 2020. The market size is expected to rise from USD 13.89 billion in 2021 to USD 94.75 billion by 2028 at a CAGR of 31.6% during the forecast period. Before getting started, let’s throw light on what low-code platform is and why it is storming the business space.

Leveraging the traditional development platforms for application development is a headache for most companies today due to the cost of hiring a new developer and the time taken to complete the project. Especially, small and medium-sized companies face the above challenges as they have a tight deadline in front of them to develop and deliver the applications. But, developers are the hot property in the market, and hiring a developer for a project costs massively for these companies. Matching the skill gap and resource shortage has forced SMEs to focus on solutions that will simplify app development while expediting the development time. One such solution most SMEs prefer today is the low-code platforms. The platform’s growth has been imminent over the years, and the trend is set to continue. According to the latest report, the global low code development platform market size was USD 10.82 billion in 2020. The market size is expected to rise from USD 13.89 billion in 2021 to USD 94.75 billion by 2028 at a CAGR of 31.6% during the forecast period. The market is expected to grow in the coming years, owing to increase in demand for technological advancements for business digitalization. (Source: Globalnewswire) This post will discuss the significance of low-code development platforms, its benefits, and ways to use them effectively. Let’s get started with the discussion.

Are you ready for transformation? If yes, we can help.Of the many, two industries deal with a massive volume of customers: (i) retail and (ii) finance. While the prior has already undergone rapid transformation by leveraging the potential of advanced tools, and technologies, the latter is yet to catch up. However, according to reports, there is a significant boost in the number of finance-related companies implementing emerging technologies like IoT, AI, RPA to improve their customer service and operations. Especially, the global COVID pandemic has forced companies to re-strategize their visions and operations to align with business objectives. One such adjustment to meet the goals is implementing next-generation technologies like IoT, AI, etc. From reports, AI tops the list of implementations in 2022 by finance-based companies. According to the latest report, the global AI fintech market is predicted to reach $22.6B in 2025, achieving a Compound Annual Growth Rate (CAGR) of 23.37% between 2020 and 2025 according to Mordor Intelligence. (Source: Forbes)