Low-code platforms have been around for a few years. The increasing demand for churning applications faster but having fewer supply (resources) triggered the creation of the low-code market. Initially, citizen developers quickly created simple apps that were short-lived. Over time, low-code platforms have matured and the application lifecycle needs have also expanded.
A major portion of IT budgets go 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.
Open low-code platforms, to a large extent, aims to address the pain points of developers trying to build mainstream enterprise applications. With such platforms, businesses can be sure of better adoption amongst developers and thereby ensure a faster release cycle of quality applications without straining IT budget.
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