Excerpt from protocol.com
If you listen to its backers, the low-code/no-code movement has taken the enterprise tech industry by storm. Startups and tech giants alike are all touting the efficacy of a new method of software development that proves to be faster, more efficient and more accessible than ever before.
Low-code and no-code tools promise to do everything from solving the developer scarcity crisis to empowering the average business user to build applications. To that tune, a wave of startups including Builder.ai and Genesis Global have raised $100 million or more to bring those promises to fruition.
That funding has also gotten the attention of the platform players. SaaS giants from ServiceNow and Salesforce to Microsoft all have their own brand of low-code and no-code development features. Around late last year, there were “over 200-and-something low- and no-code startups, vendors, large companies like ourselves in this market,” said Marcus Torres, vice president of ServiceNow’s low-code platform App Engine.
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