What to expect from No-Code and Low-Code in 2022
Updated: Jan 10, 2022
Before the year ends, we wanted to present to you pleasant anticipation for the coming year.
This article will look at how No-Code and Low-Code will dominate the industry in 2022, SAP joining the NCLC movement, Amazon expanding their No-Code portfolio, and not one but two Tel Aviv-based startups raising millions in their funding rounds.
Covered in this article
Low-Code and No-Code will dominate the industry in 2022
CLEVR's prediction for Low-Code in 2022
Amazon Web Services expanding No-Code portfolio
SAP joins the No-Code and Low-Code movement
EasySend raises 55.5 million USD
Let's jump into it!
Low-Code and No-Code will dominate the industry in 2022
In a recent Forbes article, 16 members of the Forbes Technology council named their top pick for technologies and trends that will dominate the tech and business industry in 2022. Of course, one pick would be No-Code and Low-Code solutions.
As the Citizen Developer movement continues to grow, more and more enterprise technology has been democratized, enabling small to medium to large enterprises to digitize. Low-Code helps overloaded IT departments to shift their focus onto more key-business tasks. The shift will cause an increase in customer satisfaction and innovation.
Other predictions that were named in the article next to the Low-Code and No-Code were:
Cyber Scoring
Ethical AI
Non-Fungible
Automation
Predictive Analytics
Focus On Software Quality Standards
Smart City Technologies
Web 3.0
Transparency About Software
Voice Search Technology
Teleworking
Battery Tech
Replacement Of Legacy Systems
No- and Low-Code being picked as a trend for 2022 isn’t too farfetched, we briefly touched on a couple of reasons why in our latest monthly recap.
Here were some insights:
Gartner Inc. estimated the Low-Code market to increase by 23% compared to 2021 and reach a total of 13.8 billion USD in 2021.
Pipefy, a Low-Code startup, received 50 million USD of funding.
Heyfow, a German startup, raised 6 million USD.
CLEVR's prediction for Low-Code in 2022
CLEVR, one of Mendix’s longest-standing Low-Code go-to-market partners, reports four predictions for Low-Code in 2022:
(1.) Increasing demand for better customer experience
Customers will demand equal or better customer experience like the ones provided by Google and Amazon in the future. As those expectations grow, faster delivery and higher quality in solutions will be the new standard. Low-Code will, at minimum, support DevSecOps or maybe even DevQualOps. DevSecOps helps ensure security whereas DevQualOps assures security.
(2.) Not enough professional developers
Since the pandemic, digital transformations and digital-first business strategies are accelerating. Meaning, there aren’t enough developers in the professional landscape, resulting in a halt in overall enterprise progression. The only way to combat this shortage of developers is by using No- and Low-Code platforms which enable Citizen Developers who work outside of the IT environment to find and build their own solutions.
(3.) Low-Code is used in 65% of enterprise applications
Gartner expects 65% of enterprise applications to be built with Low-Code.
In 2022 organizations will see the potential of No- and Low-Code in how both can accelerate and help scale innovation as well as growth hacking.
(4.) Business workflows will become self-learning
In statistics, No-and Low-Code tools will provide workflows to self-learning businesses. In manufacturing, No- and Low-Code tools will bridge key domain solutions such as :
Enterprise resource planning (ERP)
Product lifecycle management (PLM)
Customer relationship management (CRM)
Manufacturing execution systems (MES)
for industry manufactures.
Amazon Web Services expanding No-Code portfolio
AWS, short for Amazon Web Services, recently made the Amazon SageMaker Canvas public. It is a machine learning service that uses the same technology as Amazon Sagemaker and is for any engineer or business user instead of only for highly technical users. Using the principles of No-Code tools, the Amazon SageMaker Canvas empowers anybody to build machine learning predictions via point-and-click options. You can automatically combine your data and create individual or batch predictions.
Furthermore, the canvas supports:
Time-series forecasting
Binary classification
Multi-class classification
Numerical regression
The Sagemaker Canvas, however, was not the first No-Code service that AWS launched. AWS already made their first move in the No- and Low-Code world by offering a visual web and mobile application builder named Amazon Honeycode last year. In addition, AWS launched Amplify Studio, a No- and Low-Code visual development service for application stacks.
The reason why AWS currently has three No-and Low-Code services is that the demand for cloud-focused skills is too high which leaves many open positions unfilled. For that AWS chooses to use No-Code and Low-Code to bridge the skill-gap problem. Otherwise, it might cause a delay or re-thinking in cloud-based projects which subsequently hurts AWS' potential revenue. By tapping into an entire demographic of non-technical users AWS can overcome this skill gap and drive current and future revenue.
It is important to note that even though the SageMaker Canvas, Amazon Honeycode, and Amplify Studio have all simplified their technical aspects with drag-and-drop features, a fair degree of competency is still needed and complex AWS architectures require multiple engineers to be managed.
SAP joins the No-Code and Low-Code movement
You can see, companies are already aware and invest in the No- and Low-Code movement. For example, SAP is jumping on the train by enabling their customers to develop apps and adjust the SAP processes through drag-and-drop options. Currently, at SAP you can combine customer service applications with logistics applications.
Shortly, they plan on automating workflows for controlling and finance departments. Not long ago, SAP took over APPgyver, a No-Code platform, for an undisclosed sum. Not only will the No-Code development environment be supported through SAP Appgyver, but SAP also announced their support for the Low-Code development environment with SAP Business Application Studio. You now have an option to create new business applications on top of the SAP platform.
SAP wasn’t the only company investing in No- and Low-Code in 2021.
Investments
EasySend raises 55.5 million US Dollars
EasySend a No-Code startup from Tel Aviv known for building customer interactions raised 55.5 million USD in a Series B round. Oak HC/FT is leading the round with previous backers such as Vertex IL, Inter Capital, and Hanaco Ventures. EasySend helps mainly Insurance and financial service providers with No-Code tools to combine claims, onboarding forms, loan agreements, and many more into one single platform. Employees utilize drag-and-drop features and pre-built components to customize individual forms and contracts. Multi-step workflows initiated through conditional logic and decision trees are another interesting feature in the automation of insurance policy.
Zenity raises 5 million US Dollar
Another Tel Aviv-based startup Zenity just raised 5 million USD in a seed funding round. The round was led by Vertex Ventures and UpWest. Zenity specializes in security for Low- and No-Code companies. As the lack of security for No- and Low-Code platforms has always been a limitation, Zenity sets its goal to prevent unintentional data leaks, potential breaches, and ransomware attacks.
For them, traditional security services cannot be transferred to No- and Low-Code applications which is why they offer help by setting up a governance policy and preventing possible security threats.
Summary
As you see, established players such as Amazon Web Services, SAP, and CLEVR have argus eyes on No- and Low-Code. Be it extending their portfolio with such tools, adapting their processes with drag-and-drop features, or investing into them, the No- and Low-Code movement gathers more and more followers. Gartner and Forbes view the future for No-and Low-Code optimistically with their predictions too.
Everyone is currently witnessing or participating in the democratization of software.
You should too.
By checking out our blog reviews on No- and Low-Code tools here.
Questions?
Whether you are looking for the right NCLC software solution for your company or an NCLC vendor that needs more awareness, feel free to reach out to us via email or to schedule a meeting with us. If you have feedback, ideas or just want to talk about those topics feel free to reach out as well!
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