A few years ago, my son who was a 5th grader at that time, came to me expressing interest in “learning coding.”
Perhaps something he picked up from his circle of friends. After some research, we discovered a non-profit platform called Code.org, with a long list of big-name backers: Microsoft, Amazon, Facebook, Infosys, Google, Gates Foundation and many others. On the platform, my son simply moved and stacked blocks using the Graphical User Interface (GUI) – and voila – he built his first application with prior coding experience! This was an eye-opening experience for me and I was amazed at the possibilities of business transformation that could be done by bringing tools to everyone without formal coding experience and my first introduction to low-code / no-code tools.
The last 4-5 years have seen the emergence of innovative software development tools that further democratize building applications – “low-code” and “no-code” platforms. These tools make it possible for even lightly trained business users to build and deliver integrated, compliant and
functional applications efficiently, securely and accurately. With the aid of a GUI typically on the cloud (Platform as a Service), users can drag and drop visual code components and data connections to create entire environments, freeing up modellers and business personnel to focus on design,
process workflows and results rather than coding. The age of “citizen development” has truly arrived.
Allied Advisers have had the opportunity to work with several low-code / no-code companies on transactions and are therefore close to market trends and buyers in this space. Not surprisingly, given the market dynamics, there has been a lot of activity in the sector and the potential to create meaningful business impact by accelerating digital transformation, decreasing costs, improving productivity and achieving faster time to value.
To read more about Gaurav Bhasin’s research and discovery, click here.