By Charles Araujo
Every week, we have one or two “briefing days” in which we schedule as many as eight one-hour discussions with various technology vendors in our broad coverage area that spans everything from cognitive to customer experience platforms — and everything in between.
It’s always fascinating to see the mix of companies we talk to week-to-week.
But there is one technology sector that’s always on the list: low-code development platforms.
These platforms, which enable enterprise and mid-market organizations to create bespoke applications using visual development interfaces and little-to-no coding, are multiplying at an incredible rate.
We work with many of the major players in the market and watch this space carefully — and yet, rarely does a week pass without a new company showing up on our radar.
While this remains a nascent market space that is continuing to evolve (the major analyst firms are still fighting over what to call it!), it is clear that it is now crossing into the mainstream as more enterprises become comfortable with the low-code mantra and are beginning to adopt low-code approaches in various forms.
After all, a steady stream of new market entrants is the most definite sign of a growing market space.
There’s a dark side, however, to the rise of the low-code market: it may be rising right out of existence.
