A Mendix study reveals that 77% of enterprises in six countries have already adopted low-code, and 72% of IT leaders said it's a trend they can't afford to miss.
"Low-code technology is accelerating the pace of digital transformation by democratizing software development," says Derek Roos, co-founder and CEO of Mendix. "Low-code also has the potential to bring major software projects back on track while keeping costs down, using the hidden technical talent already in an organization."
"Low-code enables companies to improve customer engagement through innovative solutions and experiences," says Roos. "Already, one-third of our respondent base is accelerating their use of AI, IoT and big data with low-code because low-code allows them to bring their digital-first strategies to life."
From Mendix:
- 58% of IT are actually excited by the acceleration, and among 45%, it has brought an urgency for faster and more collaborative development.
- Nearly six in 10 (57%) IT professionals said the number of staff needed for software development is increasing.
- 76% said the demand for developers has reached a fever pitch.
- Meanwhile, the cost of software development is rising (61%).
- Two-thirds of software projects are being delivered behind schedule, and the backlog is increasing at 62% of organizations.
- More than half (56%) of employees are now using apps built on low-code platforms.
"Low-code is already being recognized as a means to foster greater diversity in IT. Low-code is opening doors for more people from more backgrounds. It doesn't just benefit the business by expanding the talent pool – it paves the way for greater fairness and inclusivity in the business world,” says Roos.