Today millions of people and businesses worldwide are still struggling to recover from the tremendous impact of the Covid-19 pandemic. With the casualty rate, jobs lost, and revenues gone, many people are still ruining their losses.
However, it is not all gloom and doom. The Covid-19 pandemic disrupted the world in many ways, but it also triggered and highlighted more efficient ways of getting things done. Some of which might remain with us post-pandemic. An example of this is low-code development.
Although Low-code development had existed long before Covid-19 became a thing, there was an incredible rise in its usage during the pandemic. As businesses became confronted with uncharted waters, the pandemic came. There has become a need to rely on technology to keep businesses afloat. Software became the oxygen of society, holding the global economy from falling apart by sustaining educational institutions, governments, religious organizations, business enterprises, and more.
With this spike in the need for software, there was not enough time to depend on traditional software development processes, which could be time-consuming and taxing. Neither were there enough professional software developers to meet the growing demands for digital experience.
Research commissioned by Mendix, a global leader in the Low-Code/No-Code market 2019, revealed that 77% of IT professionals and 71% of business owners admitted that IT teams had a huge backlog of IT solution requests not being resolved.
At the end of 2020, with about 1.4 million Computer Science job vacancies, there was an estimated total of just 400,000 graduates. With IT teams under immense pressure and businesses resorting to Shadow IT, Low-Code development became an inevitable option.
Low-code development helps people with no experience or knowledge of coding develop applications that could automate their workflow and make their business processes seamless using drag and drop features, state-of-the-art logic, and an intuitive graphical user interface. This way, business owners can collaborate with software developers to develop and customize their applications based on their needs, or they can do it independently.
Research by Forrester estimates that about 75% of all enterprise software this year will be built using Low-code technology. It is also projected that by 2030, the global Low-Code market will generate a revenue of about $187 billion.
While there remains a need to improve low-code development platforms' features, security, and scalability, they have been lifebuoys for businesses. They have brought about a permanent change in the way businesses are run. It has indeed been the silver lining in the dark clouds of Covid-19.