Rapid Application Development Platform Trailblazers: Top 14 Start-ups in Low-code Platforms – Taking the Code Out of Coding

As more and more organizations seek digital transformation, application or software development is experiencing a shift toward an increasingly agile and DevOps-oriented environment. The deployment and delivery pace is expected to accelerate, and organizations are likely to look for ways to avoid the costs associated with this acceleration. Low-code application development has emerged as one of the solutions, with utility right from launching a Minimum Viable Product (MVP) by a start-up to running individual business processes for large enterprises across ecommerce; analytics; and business intelligence (BI), Software as a Service (SaaS), and IT managed services.

Recognizing this need, multiple low-code start-ups have emerged over the past few years and are continuously innovating to increase productivity and accuracy across requirements – database handling, complex user interface creation, self-service portals, automated response systems and queries, and enhanced customer service applications. In the next few years, the number of developers using low-code application development platforms is expected to rise sharply due to an ongoing push by market leaders such as Microsoft for low-code offerings such as PowerApps and Power Platform. Service providers, product companies, and enterprises are suggesting that low-code is the way ahead, via their acquisitions and partnerships.

In this research, we assess 14 low-code application development platform start-ups, focusing on their innovations, growth stories, and market impact. We analyze these startups across the following key dimensions:

• Market traction
• Technological capabilities
• Investor confidence