The new year is here, and with it brings new trends in the low-code industry. Low-code technology has been transforming the way businesses develop and deploy applications, and the industry is looking to the future to see where it is headed. Zdnet stated that “Gartner estimates that spending on low-code development technologies will grow 19.6% year-on-year to $26.9 billion in 2023.” With that much growth, there is bound to be some interesting developments.
Low-code technology is a type of software development platform that enables everyday business users to build and deploy applications without writing code. It is a cost-effective solution for businesses who want to quickly develop applications without having to hire and train developers. Low-code platforms usually come with a drag-and-drop user interface, allowing users to create applications with minimal effort.
Low-code platforms are well-suited for many types of applications, including customer relationship management (CRM) systems, employee management systems, and workflow automation systems. More complex systems, such as enterprise resource planning (ERP) systems, can also be built using low-code technology.
Major Players in the Low Code Industry
There are numerous players in the low-code industry, including OutSystems, Microsoft’s Power Platform, QuickBase, and TrackVia. Each of these platforms offer different advantages and capabilities and are suitable for different types of businesses.
These platforms have one thing in common – an emphasis on citizen development. This means that developers with little to no experience in coding can create and deploy applications using the platform. Through bespoke training, professional services, and tutorials, platforms including TrackVia encourage your employees to take control of their workflows and data in a secure, governable manner. Businesses should research the different options available to them before deciding which platform is right for them. For example, OutSystems and the Microsoft Power Platform are both great options for businesses who want to quickly develop mobile applications or analytics-driven workflows. On the other hand, QuickBase and TrackVia are better suited for businesses who need more complex applications or need to integrate with other systems.
In addition, low-code platforms are excellent for quickly creating applications that are compliant with business regulations, such as GDPR or HIPAA. TrackVia’s compliance packages make it easy for businesses to ensure their applications are compliant with the latest regulations.
One trend in low code that is gaining momentum is the integration of artificial intelligence (AI). AI can help automate many of the processes involved in developing and deploying applications. This includes automating the creation of user interfaces, automating testing and deployment, and providing intelligent suggestions for how to optimize applications. AI can also be used to help businesses identify the best ways to use their applications, and to provide insights into user behavior.
OpenAI’s ChatGPT has proven that AI can be used to help citizen developers create applications more quickly and easily. GPT-3, a natural language processing (NLP) technology, enables users to create applications using natural language instead of code. This can help businesses create applications more quickly, as they do not have to learn a new programming language or development process. It can also help more experienced developers create applications that are more intuitive and user-friendly, while keeping costs at an all-time low.
The use of mobile devices is still rapidly growing, and this has led to an increased demand for mobile-first business applications. Low-code platforms are well-suited for creating mobile-friendly applications, as most have methods to automatically translate business workflow interfaces to a mobile user interface. Furthermore, many low-code platforms come with features that make it easier to create applications that are optimized for specific devices, such as the iPhone or Android.
TrackVia’s native mobile application is a notable example of a mobile-first platform. It enables users to quickly access their data and applications on their mobile devices. Furthermore, the TrackVia mobile app is optimized for different devices, ensuring that users have a great experience regardless of the device they are using. Users can access native features, including the camera and GPS, to dynamically upload and connect data inside their TrackVia apps.
Automation is another important trend in low-code technology. As the labor crisis continues, organizations are seeking opportunities to automate positions and tasks. A low-code platform, such as TrackVia, provides the foundation for these automations to take place. For example, a business can use automation to quickly create and deploy a customer service application without having to hire additional staff. Inventory systems can be automatically reconciled; finance systems integrated with upstream data providers; and so on.
Additionally, low-code platforms are often integrated with other automation technologies, such as robotic process automation (RPA). This enables businesses to create automated processes that can save time and money.
TrackVia is one of the most automation-friendly low-code platforms on the market, featuring a robust API and integration with popular automation technologies through Workato. Native microservices allow your company to develop complex logic and data integrations with ease.
Cloud-native technology is also becoming increasingly popular in the low-code industry. Cloud-native technology enables low-code platforms to run in the cloud, allowing developers to create applications that are accessible from any device. This makes it easier for developers to quickly deploy applications and allows businesses to take advantage of the scalability and flexibility of the cloud.
Many low-code platforms, including TrackVia, are cloud-native. Companies no longer must worry about expensive servers, networking equipment, backups – all they need is an internet connection and a low-code platform. The shift from on-premises technology to software-as-a-service (SaaS) is a de facto standard in a remote-first economy. Companies currently using software such as Microsoft Access will find platforms like TrackVia extremely familiar and comfortable.
Where is Low-Code Headed in 2023
Low-code technology is a rapidly growing field, and the trends discussed in this blog post are just a few of the many expansions that we can expect to see in the coming years. As low-code grows, the capabilities for application development become easier, faster, and more efficient.
To stay ahead of the competition, businesses must be aware of the latest trends in low-code technology and invest in the platforms that best suit their needs. Low-code technology is revolutionizing the way businesses develop and deploy applications.
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