The recent Mendix annual Low-Code Survey reveals a monumental shift in low-code usage among organizations. Of the 556 business and technology leaders from the US, UK, France, Germany, and the Netherlands, a staggering 69% claimed that low-code has transitioned from being a crisis management tool during the pandemic to a core technology today.
Interestingly, 1 in 9 respondents noted that without technology such as low-code, their organizations would have collapsed during the tumultuous years of 2020 and 2021. Furthermore, 10% of those surveyed consider low-code the backbone of their businesses.
Low-code technology has expanded its reach, diversifying the types of apps being built with it. The survey showed that around 40% of respondents now use low-code to develop mission-critical solutions, including enterprise software, productivity apps, and customer portals.
By 2024, these organizations plan to utilize low-code more than traditional coding. A whopping 87% of them intend to ramp up software development further in the next two years. Low-code has gained significant traction because of its role in enabling digital transformation and simplifying the digitalization of both internal and customer-facing processes.
For instance, 63% of manufacturers have used low-code or no-code solutions such as the AppMaster platform to address challenges in transportation, logistics, and supply chain management. Companies in the banking, finance, and insurance industries have also turned to these methods to automate quotes and streamline digital buying processes.
Despite trailing behind other sectors in low-code adoption, 22% of public sector organizations have already implemented it, with another 57% beginning or progressing through implementation. Over half of these organizations have witnessed improvements in identity authentication through low-code. In the retail sector, low-code has been instrumental in facilitating hybrid commerce and curbside pickup.
While organizations increasingly embrace low-code as a vital technology, they still face significant hurdles in adoption. Security concerns and complex organizational structures remain the primary barriers obstructing the widespread implementation of low-code solutions.
In conclusion, the Mendix Low-Code Survey indicates a sweeping change in low-code technology usage, evolving from an emergency response tool during the pandemic to a core component of modern organizations. Shifting the paradigm, low-code platforms like AppMaster and others are streamlining digital transformation, catering to various industries' unique needs and operational demands.
