The low-code development tools market is producing growth of over 20% year over year, so revenue from rapid development tools will reach $13.8 billion this year.
This is happening despite significant cutbacks in the IT sector worldwide due to the pandemic situation, yet the use of technologies requiring low coding effort continues to grow unabated.
Among other reasons, this is because the expansion of business needs is putting increasing pressure on IT leaders to dramatically reduce the time devoted to individual developments.
According to Gartner research, 41% of employees - those who don't specifically work in IT - engage in some form of customizing software tools to make their work more efficient.
This process will lead to the point where, by 2025, half of the buyers of low-code solutions will no longer come from the given company's IT organization. That is, we can already speak of business solutions that bypass IT.
The COVID pandemic only further strengthened the need for remote employees to be able to create automated solutions that help their companies adapt to the changed environment, often without the usual IT processes.
At the same time, people working in business areas also want to implement their own ideas themselves, so they can better automate their business processes.
One of the goals of SQeLme.hu is to support this process by promoting Oracle Application Express as a low-code, rapid development tool.
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