Frost Radar™: Low-Code Application Platforms, 2023

As businesses emerged from the COVID-19 pandemic operating environment, found themselves dealing with the Great Resignation as well as an economic downturn and potential recession. That has caused them to reassess spending and force business units to do more with less. Low-code development platforms, a technology that was just gaining popularity at the start of the pandemic, are well-suited to help businesses meet these challenges. LCAPs allow for faster, easier application development, enabling business to quickly create and deploy new services that automate employee work and customer interactions. They also allow line-of-business team members to take a more active role in creating the services they need to work smart in a completely new operating environment. This Frost Radarâ„¢ discusses strategic imperatives in the industry, evaluates providers based on platform capabilities, and offers information on companies to action. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radarâ„¢. The publication presents competitive profiles of each company on the Frost Radarâ„¢ considering their strengths and the opportunities that best fit those strengths.