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Low Code: Development Platforms See Surge of Interest
Gartner has seized on the popularity of low-code programming and identified/branded the industry as Enterprise Low-Code Application Platforms (LCAP). Products in this category include Mendex, Power Apps by Microsoft, and OutSystems.
According to Garter, Low-Code platforms have reached a “plateau of productivity” where there tangible, real-world benefits from the technology are realized. LCAP revenue in 2022 reached $7.4 billion, an increase of more than 28 percent over the previous year. By the end of this year, Gartner predicts that more than 50 percent of midsize and large enterprises will be using low-code as a strategic application platform.
Jenn Fulmer, technology writer, wrote in a piece for Baseline magazine that although “low-code tools previously were only able to foster the development of simple applications, the technology has improved enough that they now allow organizations to build even complex and critical apps for their business operations. Many even include artificial intelligence and machine learning options to improve your process.”
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