…To change something, build a new model that makes the existing model obsolete.
The future of low code/no code automation will depend on its ability to build newer habits in its users i.e, to add more convenience. Hence, the further it reduces the technical barrier for development (while adding to the speed of delivery) and the more diversified its functionality, the more promising the adoption of low code/ no code automation will be.
Low code/no code gained popularity by solving one of the most pressing challenges of the software industry – the widening gap between the need for applications and shortage of skilled developers. It provides a faster, more cost-effective solution for accelerating organisations’ digital readiness journey, improving the GTM timelines for growth startups, and helping firms scale their SDLC.
Statista predicts the global low code platform to become a 65bn USD opportunity by 2027. But what would lead to this growth is what we are about to explore in this blog post today:
Factors shaping the future of low code/ no code automation
1. Increased automation – Economic volatility, growing talent gap and intensifying competition will drive low code/ no code automation adoption to newer levels in business operations. Automation induces speed in business processes, augments accuracy in mundane tasks, improves workforce productivity and morale by helping them focus on more challenging work, and drives innovation across teams when done with the right strategy and implementation.
Low code/ no code technology accelerates these further by making software development doable by non-IT teams, thereby reducing the workload on IT for software deliveries. As a result, organisations can move faster with their digital delivery plans to provide a superior customer experience, make their business models more resilient to external shocks, and align better with changing times.
2. Business composability – The future of business agility lies in its composability. Pandemic highlighted the trade-off of flexibility that organisations made for efficiency. Suddenly, so many of these efficient organisations became vulnerable since they were not equipped for flexibility. And the pandemic was just the start.
Supply chain disruptions, recurring geopolitical upheavals and an impending economic recession – are forcing organisations to rethink their approaches to be able to pre-emptively predict and respond to uncertainty by becoming more composable.
Gartner defines business composability as encompassing three key building blocks of business i.e., mindset, technology and processes that augment an organisation’s adaptability and resilience quotient. By having interchangeable building blocks that help firms pivot faster and smoother to external changes, composable businesses reduce response time and bring greater consistency in execution.
Low code/no code automation enables just that by democratising software development, enabling reuse of software components, lowering development costs and adding to the organisational agility quotient.
3. Rise of citizen developers – Low code/no code automation lets business users (with little or no coding experience) develop requirement-based simple apps. This enablement removes the IT capacity bottlenecks by democratising software development, improving cross-functional team collaboration and optimising IT’s productivity by helping them focus on more complex deliveries. As a result, it leads to the acceleration of digital transformation initiatives across large enterprises and shortening of go-to-market timelines for tech firms.
Gartner estimates that by 2024, around 65% of app development will use low code and approx. 66% of organisations will have adopted low-code tools and platforms. Additionally, this will also lead to the creation of a positive reinforcement loop. This new class of business technologists would reinforce the need and utility of this technology with greater usage and feedback leading to its higher adoption, use case diversification in business and steady improvement in its offerings.
Software development since the start, has undergone constant evolution, thanks to newer technologies that have been making it more efficient, less complicated, more user-friendly and easier on the pockets. Low code/no code automation is a revolutionary step further in this direction since it nails productivity, agility and ease-of-use at one go. Its usage and impact will only get better from here. Have you adopted low code automation for your digital deliveries yet?