Title: Low-Code and No-Code Platforms: Accelerating Application Development and AI Integration
Subtitle: The Future of Enterprise Innovation
Published: Thu 2 Nov 2023, 9:00 AM
The global market for low-code platforms is projected to reach approximately $53.07 billion by the end of next year, driven in part by the increasing interest of enterprises in the Middle East. These platforms have revolutionized application development, reducing development time by 90 percent. With little to no coding required, even business users can build applications using visual interfaces and drag-and-drop capabilities.
“In this way, users with no advanced knowledge of coding or software creation may use these intuitive techniques to build software for several purposes, such as creating mobile and business applications,” explains Dinesh Varadharajan, Chief Product Officer (CPO) at Kissflow, in an exclusive interview with Khaleej Times.
Incorporating artificial intelligence (AI) into low-code and no-code platforms is becoming a disruptive force in the market. Generative AI, in particular, enhances the user interface and enables seamless application development without prior coding knowledge or expertise. Kissflow is leading the way by deeply embedding generative AI into their platforms, democratizing application development by incorporating AI-suggested fields to assist users in the creation process.
The convergence of generative AI and low-code technology allows systems to manage the work, increasing organizational efficiency and congruence. Low-code platforms enhance accessibility, empowering non-technical users or no-coders to digitize their business processes effortlessly. By combining AI with low-code platforms, organizations can solve business problems more efficiently, reducing errors, improving development time, and enhancing overall application quality.
According to Microsoft, over 87 percent of IT professionals and CIOs believe that integrating increased automation and AI capabilities into low-code platforms can optimize their usage. McKinsey analysts also predict that AI could impact software engineering productivity by 20 to 45 percent. These insights indicate that the convergence of AI and low-code will continue to shape the industry in the coming years.
Looking ahead, governance will be a key focus for enterprises in the low-code/no-code space. With the integration of generative AI, ensuring proper governance becomes even more crucial. Kissflow has already implemented a dedicated governance layer for their platform, a trend that is likely to be adopted by industry peers. As the market matures, we can expect to see more products with native generative AI integrations, although cautious enterprise adoption is expected, especially for systems associated with critical operations.
In summary, low-code and no-code platforms have revolutionized application development, empowering business users to build applications without coding expertise. Integrating AI capabilities further accelerates innovation, enabling organizations to solve business problems efficiently. With the projected growth of the low-code industry and increasing interest in AI integration, the future holds immense potential for enterprises embracing these technologies.
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