Big Boom in Low-Code Development Platform Industry

Big Boom in Low-Code Development Platform Industry

A low-code development platform (LCDP) is software that provides a development environment that is used to create application software through graphical user interfaces and settings, rather than traditional hand-coded computer programming. A low-code model enables developers of various levels of experience to create applications using a visual user interface in combination with model-based logic. These platforms can produce fully operational applications or require additional coding for specific situations.

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Some of the key players of Low-Code Development Platform Industry:

Salesforce, Microsoft, Appian, Oracle, Pegasystems, Magic Software Enterprises, AgilePoint, OutSystems, Zoho, Quick Base, LANSA, Fujitsu RunMyProcess, Netcall, WaveMaker, K2

Low-code development platforms reduce the amount of traditional manual coding, enabling accelerated delivery of business applications. A common benefit is that a wider range of people can contribute to the development of the application, not just those with formal programming skills. LCDPs can also reduce the initial cost of setup, training, implementation, and maintenance. Although the industry analyst Forrester Research did not give it a specific name until June 9, 2014, the market for low-code development platforms dates back to 2011.

LCDPs have their roots in the fourth generation programming language and rapid application development tools of the 1990s and early 2000s. Similar to these predecessor development environments, LCDPs are based on the principles of from model-based design, automatic code generation, and visual programming. The concept of end-user development also existed previously, although LCDPs provided some new ways to approach this development.

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