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Wired for experience®

Being in the market of application development for almost a decade, my team at WaveMaker has been through some of the big shifts in the application market. In my opinion, one such shift is the magnitude by which IT budgets have been slashed over the years. Although this could be due to many reasons, what is important is that this budget cut has caused a demand growth for low-code platforms, whose promise is to churn out applications faster and in an economical manner. Besides WaveMaker, companies like Outsystems, Mendix, Appian started catering to this market, but I believe there is still more value to be created and open-low-code platforms will be driving it.

Emergence of Open Low-code

A major portion of IT budgets goes into the development and maintenance of core enterprise applications. This includes LoB apps and apps with emerging cloud-native architecture which is built by mainstream developers and not business users. What I have seen is that for developers, code control and innovation are very important. We thought for low-code to be more valuable to developers, it should have an impact on how mainstream developers build and maintain applications. Open low-code platforms do just that.

Let’s understand how open low-code addresses both the productivity needs and key concerns of an enterprise as we have seen.

Need for Open Low-code

Open low-code platforms, to a large extent, aim to address the pain points of developers trying to build mainstream enterprise applications. It can fulfill both the productivity needs of the developers as well as their key concerns around modern best practices for application development, integration, and delivery. With such platforms, businesses can be sure of better adoption amongst developers and thereby ensure a faster release cycle of quality applications without straining the IT budget.