In the late 90s and early 2000s, the very initial low-code platforms like OutSystems, and Appian required extensive customization and months of development. Low-code (a term given by Forrester) tools make interaction with code easy for both developers and non-developers. Enterprise users with little programming experience who want to speed up automation projects prefer these types of tools also, organizations without coding capabilities or with limited resources to hire custom application developers can utilize these tools.
No-code/Low-code automation refers to the use of platforms like Salesforce, Pega, Kissflow, and Zoho, and tools that allow users to automate processes and build applications with little or no coding required. Low-code platforms typically provide a visual drag-and-drop interface that enables users to assemble workflows and logic, while no-code platforms offer even greater abstraction, enabling users to create complex applications and automation with little or no code. The goal of no-code/low-code automation is to speed up development time and make it easier for organizations to rapidly deliver software solutions and automate business processes.
According to a report by Grand View Research, Inc. titled "No-Code/Low-Code Automation” the market is expected to reach $25.8 billion by 2027, growing at a CAGR of 24.2% from 2020 to 2027. This growth is attributed to the increasing demand for digital transformation, the need for faster application development, and the growing popularity of cloud-based solutions. Additionally, the increasing adoption of mobile devices and the emergence of artificial intelligence (AI) and machine learning (ML) technologies are expected to drive market growth.
Source: https://userguiding.com/blog/no-code-low-code-statistics
Legacy scripts are computer programs or software that are outdated but still in use. These scripts were created for systems or applications that are no longer in use or have been replaced by newer, more advanced technologies. Below are the following challenges with legacy scripting:
The no-code/low-code approach is a new way of developing software and thinking about software development. It allows businesses to quickly and easily develop applications without the need for coding. This approach significantly reduces the time and cost associated with developing applications, allowing them to focus on other areas of their business.
Source: https://stratoflow.com/is-low-code-no-code-the-future/
No-code/Low-code approach aims to reduce delays in the traditional software development process and offers the following benefits:
No-code/Low-code automation tools are limited in their functionality and may not be able to meet the needs of more complex projects.
Tools can introduce security risks if not properly configured.
The tools are not as flexible as custom-coded solutions, and may not be able to accommodate changes in the future.
No-code/Low-code automation tools require a certain level of expertise to use, and may not be suitable for those without the necessary skills.
Consider an example of intelligent document processing that can be solved through a low-code platform:
The use case involves automating the manual processing of invoices, such as extracting data from PDF files attached to emails and entering it into an excel sheet for reporting.
It can be achieved through the PowerApps suite as illustrated in the diagram below:
The entire workflow can be designed using the graphical user interface without needing to write any code
No-code/Low-code automation is beneficial for businesses of all sizes, enabling them to quickly and easily create applications and automate processes without the need for extensive coding knowledge, saving time, money, and resources while increasing efficiency and productivity - an invaluable asset for businesses looking to streamline their operations and improve their bottom line. To know more about low-code automation, contact QASource now.
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