Low-Code Development Market Impact Report

This market impact report details the evolving landscape of low-code development and its significance in enhancing software delivery within organizations. It outlines how low-code platforms are increasingly utilized by businesses as tools for automation, integration, and application development, facilitating collaboration between business and technology teams. The report highlights key findings from a study conducted by HFS Research in partnership with Infosys, which surveyed 200 decision-makers regarding their experiences and challenges with low-code adoption. The findings emphasize the importance of establishing a low-code policy, the role of external IT service providers in improving software delivery, and the necessity of fostering a community of practice to support co-creation. Additionally, it discusses the integration of generative AI with low-code technologies, which enhances productivity and accelerates the software development lifecycle. The report serves as a guide for organizations aiming to leverage low-code solutions to drive innovation and improve responsiveness to market demands.