Whether you're responsible for software or are a business leader whose team uses software, you know this: You need customized software[1], and traditional software development can't keep up with your demands. Conventional development methods take too long and require a special set of skills that are in short supply. This has been a problem for years. The need to transform to digital business makes it acute.
Also: Low code development: Is this the future of enterprise apps?[2]
Low-code development platforms are emerging as a key strategy to accelerate app delivery to support digital business transformation.[3] And they have the potential to make software development as much as 10-times faster than traditional methods.
Low-code platforms employ visual, declarative techniques instead of traditional lines of programming. Both developers and non-developers[4] can use these products, and they require less training to start. Common features include reusable components, drag-and-drop tools, and process modeling. Individuals or small teams can experiment, prototype, and deliver apps in days or weeks.
The Low-Code Market Is Expanding
Rising adoption of low-code platforms is driving about 50 percent annual growth in a market populated by dozens of vendors. Currently, the entire market is worth about $4 billion.
Also: Exclusive: Industry-first AI low-code platform helps you build[5]
And low-code is spreading: Instead of just standalone platforms, specialized, purpose-built low-code solutions are popping up in SaaS[6], eCommerce, mobile, BI, IT service management -- the list goes on. Think of how agile you'll be if business users and citizen developers can make quick customizations to your commerce or BI tools rather than waiting for your IT department to get around to it.
Low-code platforms help advance digital business in