10 investors discuss the no-code and low-code landscape in Q1 2022

Excerpt from TechCrunch.com

No-code and low-code development suites have so far been used mostly by marketers and analysts. But the winds are shifting, and these suites are increasingly finding a place in DevOps and security.

“Initially, no-code/low-code was primarily a way for non-technical builders to create (sometimes gimmicky) applications,” said Navin Chaddha, managing director at VC firm Mayfield.

“Today, it’s a core capability in many enterprise software companies to give non- or semi-technical end users, even DevOps and security engineers, the ability to easily and quickly deploy applications without the need for custom development. It’s transforming entire categories of enterprise software.”

The functionality offered by low-code solutions has come a long way in recent times. When we polled five VCs about the space in August 2020, they were largely bullish and predicted many use cases that would spur demand. Since then, though, even the highly technical space of machine learning has started to see no-code and low-code solutions pop up.

However, despite the growing acceptance in DevOps, there remain many obstacles, and according to Ganesh Bell, managing director at Insight Partners, one of the primary hurdles is psychological. “We need to work against the stigma of using low-code with development/internal IT teams,” he said.

“There is still pride in building things from scratch and a fear of not being taken seriously as a developer/development team, when in fact, low-code platforms enhance a developer’s capabilities by enabling them to work faster and do (a lot) more. Similarly, there is a fear of no-code tools getting unruly and somehow lacking governance.”

To get a better picture of the present state of the no-code/low-code market, we spoke to a group of active investors about how the space has fared since 2020, what challenges lie ahead, and when they expect their investments to start paying off.

 

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