News and research before you hear it on CNBC and others. Claim your 1-week free trial at StreetInsider Premium here.
LCAP market leaders include Appian, Mendix, Microsoft, OutSystems, Oracle, and Zoho.
MIAMI–(BUSINESS WIRE)– Low-Code Application Development Platforms (LCAP) have become an attractive and mainstream practice among enterprises looking to increase developer efficiency and accelerate the development of new product lines. Nucleus expects LCAP solutions to continue to gain popularity as businesses look for ways to maximize existing developer resources and efficiently expand IT ecosystems.
“Through ROI studies, Nucleus determined that LCAPs deliver benefits, including reduced development costs, accelerated time-to-market for new products and services, and increased operational efficiency ,” said Research Manager Isaac Gould. “Organizations can deploy LCAP as a revenue driver, using tools to bring technology services and products to market faster and with fewer developer resources.”
Top vendors in this year’s Value Matrix differentiate their product functionality through pre-built templates and forms, DevOps management, database integration and management, embedded analytics, workflow and front-end that design.
This year’s Value Matrix leaders deliver advanced functionality without sacrificing ease of use at scale. These include Appian, Mendix, Microsoft, OutSystems, Oracle, and Zoho.
This year’s Value Matrix Experts are organizations that deliver value to customers with complex use cases through deep functionality and industry-specific capabilities. These include Infor, Nintex K2, Salesforce, and ServiceNow.
This year’s Value Matrix facilitators deliver value through greater ease of use and rapid implementation. These include Betty Blocks, Creatio, Kissflow, and Quixy.
Core Providers deliver core capabilities with faster and cheaper adoption. This year’s Value Matrix Core Providers are OpenBots, Quickbase, and TrackVia.
To download the full 2022 Low Code Application Development Platforms Technology Value Matrix, click here.
About Nucleus Research
Nucleus Research is the recognized global leader in ROI technology research. Using a case-based approach, we provide research streams and advisory services that enable vendors and end users to ensure and maximize the return from their technology investments. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn.
Source: Nucleus Research