Low-code is becoming more crucial than ever
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New research Mendix (opens in new tab) has claimed that low-code is about to run out after its transformation from a crisis management technology during the pandemic.
While many studies try to quantify the most popular programming languages, Mendix believes that low-code is still a bit of a dark horse.
The numbers suggest that more than two-thirds (69%) of companies have increased their use of low-code to the point that it is now a core technology, with 10% claiming it has become a foundation for their operations.
Low code on the rise
Other companies value low code so highly that given the rapidly evolving landscapes that unfolded in 2020 and 2021, they would have gone out of business without adopting low code.
Trust in the technology seems to have shifted in recent years, with about two in five now using it to build business-critical solutions such as enterprise software. Looking ahead, a large portion of companies expect to commit to more software development, which will further increase low-code.
One Gartner projection places low-code and no-code applications at 70% by 2025, up from 25% by 2020.
Benefits can be seen across a broad spectrum of industries, including fintech and insurtech.
Public sectors claim to have “enhanced, centralized and standardized citizen ID authentication; improved access to services; and improved planning and management of budget and physical resources,” while many retailers claim that much of their success in adapting to digital in-store shopping and e-commerce has come from the adoption of low-code.
With two or three years of major shakeups around the world, Tim Srock, CEO of Mendix, explains that “it is now absolutely critical to digitize operations and engage with customers and employees across different modalities and touchpoints.” Low-code gives businesses that extra agility through faster development, easier automation, and the potential to dramatically reduce costs.