Low-code Application Development Platforms PEAK Matrix® Assessment 2022

Low-code application development platforms are narrowing the gap between continuous business needs and the IT function’s limited bandwidth, especially after the pandemic. However, the industry faces an acute talent shortage, and there is need to improve developer productivity. A subsequent rise in talent costs is also compelling organizations to cater to application development requirements internally, wherever possible, rather than looking out in the market.

Enterprises have just started using low-code solutions and successful adoption depends on selecting the right provider and platform for their needs, keeping in mind the trade-off between the cost and accompanying benefits.

In this research, we present detailed assessments of 14 platform providers featured on the Low-code Application Development Solutions PEAK Matrix® and categorize them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings.