The rise of the phenomenon low code in software developmente is gaining so much popularity that soon it can even outperform other forms of development in companies, according to a study by the development company Mendix. titled State of Low Code 2022, makes it clear that the adoption of low code is increasing, and has gone from 77% in 2021 to 94% in 2022.
The study notes that four out of 10 companies already use low-code platforms to create mission-critical solutions for their business operations. It also points to several advantages of low code, many of which became more apparent during the worst times of the pandemic.
So, many companies had to stop their activity, and many had to make very difficult decisions. One out of every nine companies that participated in the survey that served as the basis for Mendix to prepare the study indicated that if they had not used low code platforms they would have had to face reputation problems or take cost reduction measures, and even raise prices and lose staff.
For this reason, 69% have gone from seeing no code as a crisis technology to seeing it as a core technology that they want to integrate into their business to gain more control over various aspects, such as costs. Key areas for low code include IT, production engineering, product design, and quality control.
In addition to the fintech and insurtech sectors, the adoption of low code has spread to various public bodies. According to Mendix’s research, in certain countries it is already used for «improve authentication through centralized and standardized citizen identifier, improved access to services and improved planning and management of budget and physical resources«.
Something similar has happened in other sectors. Retail, for example, has been largely digitized by the pandemic. Developing the right software can be expensive and time-consuming, which is why retailers have sometimes used it for certain developments. In this way they have been able to adapt to situations more quickly and remain competitive.
Tim Srock, CEO of Mendix, has pointed out, in view of the results of the study, that the way in which companies conduct their business has changed drastically in the last two years. Srock has highlighted that it is now absolutely essential to digitize operations and interact with customers and employees through different modalities. In short, low code and no code solutions have allowed solid companies to evolve, and have given other younger ones the opportunity to raise the level.
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