The market for worldwide low-code development technologies is projected to total $26.9 billion in 2023, an increase of 19.6% from 2022, according to the latest forecast from Gartner. A rise in business technologists and a growing number of enterprise-wide hyperautomation and composable business initiatives will be the key drivers accelerating the adoption of low-code technologies through 2026.
Low code
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Pegasystems announced it has been chosen by the Royal Navy (RN) and the Royal Air Force (RAF) to develop a new, joint low-code platform for candidate recruitment. The new application will be built on Pega Customer Service Digital Customer Engagement Edition, a bespoke public sector application that will help the RN and the RAF to provide a better experience for both candidates and recruiters, significantly improve the existing recruitment cycles, and provide reporting analytics for greater insights on the process.
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Democratization of IT and citizen developers are a hot topic, especially in RPA and low code. Although the trend is not new, we now see a rapid take up, in a ‘perfect combination of people, process and technology’. This leads to a situation which in the end is beneficially for both the business and IT.
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The worldwide low-code development technologies market is projected to total $11.3 billion in 2021, an increase of 23.2% from 2020, according to the latest forecast by Gartner, Inc. The surge in remote development during the COVID-19 pandemic will continue to boost low- code adoption, despite ongoing cost optimisation efforts.
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UiPath today introduced the next generation of the UiPath Automation Platform. The platform features new low-code capabilities that extend RPA from automating existing tasks to easily creating new business applications fast. These features, along with expanded cloud robot deployment options, are designed to make it faster to deploy enterprise automation solutions that bring people, robots, and systems together.