Nikita Chernyshuk
iTech Family
Published in
2 min readDec 7, 2020

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NO-CODE AND LOW-CODE SOLUTIONS

Photo by Hitesh Choudhary on Unsplash

The ever continuous advancements in the technological sector force market participants to constantly adopt fresh ideas of applied scientific breakthroughs to stay tight with the latest developments. One of the aforesaid progress relates to no-code and low-code software development.

No-code and low-code platforms, also known as “citizen developers,” are SaaS instruments that help streamline the process of software and application development by either eliminating the necessity in manual coding completely or lowering the requirements towards understanding the underlying programming languages. This is done via providing a user-friendly interface with intuitive built-in tools that allow creating apps quickly with drag-and-drop features, automation services for software testing and deployment procedures, and the option to create in-house development teams that could work on the project together.

iTech Capital Market Review

No-code/low-code platform development is a relatively new market that is showing strong potential to emerge into a multibillion-dollar industry. As users become more comfortable using the aforementioned platform solutions, eventually mastering it, the software functional they create will grow and evolve. Soon, organizations will have a suite of agile apps to iterate, enabling perfect operational processes.

Existing platforms target diversified sectors of the economy from personal mobile apps creation to full-stack web applications allowing users to solve specific business needs and increase customer loyalty. There is no doubt that these solutions have prominent advantages over the traditional software development approach in terms of cost and time efficiency. However, one shall take into account certain drawbacks in the lower level of personalization and security risks of such SaaS platforms.

At iTech we share the expertise and publish market reviews that appear to be in our focus. I am happy to join the initiative and give you an overview of this market. You will find the review below with the following agenda:

  • No-code and low-code implementation, opportunities, and limitations
  • Market statistics and market trends
  • Main aspects when choosing the platform
  • Existing players
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www.itcap.vc

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Nikita Chernyshuk
iTech Family

Investment analyst and global VC Fund - iTech Capital. Aiming to achieve my PhD in Finance. My hobbies include: skydiving, bouldering, karting, bike