Forecasts provided by Gartner predict that low-code platforms will account for 65% of the IT and software development market before 2024. Will this happen? What other equally important information can we extract from Gartner’s report on low-code forecasts in 2023? What advantages does low-code programming have over traditional custom software development? Please find the answers to these and other questions in the rest of our article.
Low-code development refers to using a platform or tool that allows developers to build software applications with minimal or no traditional coding. These platforms provide a visual interface and pre-built components that can be assembled and configured to create custom applications.
An excellent example of this is the Java open-source low-code platform from Stratoflow, which significantly simplifies and accelerates the development of enterprise SaaS systems. Building a system on a production-ready, Java-based open-source code platform reduces development time and costs by an average of 3 times compared to building from scratch using modern Java frameworks such as Spring Boot.
Therefore, low-code development aims to make it much easier and faster to build and deploy applications, especially for organizations needing a larger team of dedicated developers or resources to devote to software development. In addition, enterprise low-code development can create many applications, including web and mobile apps, workflow automation tools, and business processes.