Low-Code Digital Experience Companies
A growing sector with a new way to design and develop.
Private Equity
Industry Analysis

What is a Low-code Digital Experience Platform?

Low-Code Digital Experience system is a visual development approach, a more straightforward way to design and develop software/applications. By reducing the amount of complex hand-coding, Low-Code is making automation more widespread, opening application development to a new generation of builders.

By ‘Digital Experience Platform,’ we generally refer to a software platform that orchestrates the tools needed to achieve excellent user experiences. A DXP centralizes and connects content, data, personalization, and metrics so companies can deliver great experiences across all digital touchpoints.

Put it together and we get a new breed of Low-Code Digital Experience Platforms (DXP). These platforms provide a simple visual interface, point-and-click creation, drag-and-drop components, and scripts with base-level codes for smoother integration. With the aid of these platforms, users can create a prototype, test, launch, deploy, and make changes or manage the rapid transformation of powerful business apps.

The easy-flowing systems of these platforms are aimed generally for business professionals from non-technical backgrounds, enabling them to create applications without going through the tedious infrastructural process of application development. With a Low-Code DXP, we can expect speedy delivery of high-performing business applications, faster innovation, and smarter operation.

What sectors benefit from adapting Low-Code Digital Platforms?

The recent trend shows that low-code development platforms address both the growing demands from the business as well as classic IT capacity-related problems. Entrepreneurs can now use low-code development tools to fuel operational efficiency and improve the experience of their customers. Segments benefiting the most from Low-Code DXPs are mobile app development, business management software, and website building.

Advantages of Low Code Digital Experience Platforms

  • Build faster: Modern businesses run on a tight deadline and even tighter margins. IT teams have their own set of challenges, all of which revolve around the digital operations of the business. Low-code/no-code platforms help professional developers build solutions faster (which means they can serve more business requests). They are designed to be able to offload most of the responsibility of developing and delivering apps to the business developers themselves.
  • Reduce handoffs: Using low-code platforms, citizen developers, or no-skill developers can make a significant contribution to a more successful outcome of an organization’s digital transformation initiatives.
  • Focus IT departments: Allow IT departments to focus on more complex strategic projects. The main advantage of using low-code is that it can speed up the entire deployment process.
  • Appeal to a broad user-base: Allow users to build applications in their preferred coding language or using the visual interface. Modern low-code platforms include the latest in third-generation language (3GL) support and visual integrated development environments (IDE), giving professional developers the choice of using low-code systems’ inherent capabilities for faster application development.
  • Integrate across systems: All the components from UI elements (buttons, links and form fields, etc.) can be connected with a database that users can switch and merge into new applications without any issues. The pre-built components are a precondition for seamless integration with other more substantial or complex applications.
  • Boost efficiency: Combine all the development cycle management tools, including features for debugging, version control, integration testing, performance analysis, scalability assessments, and server deployment.

Market size and forecasts for Low Code Digital Experience Platforms

If we look at the most recent market research predicting the future of the Low-Code development market, analysts forecast the market to expand.

Gartner forecasts that by 2024, three-quarters of large enterprises will be using at least four low-code development tools for both IT application development and citizen development initiatives. They also forecast that by 2024, low-code application development will be responsible for more than 65% of application development activity.

Forrester Research predicts the market for low-code and no-code development platforms to grow from $3.8 billion in 2017 to $21.2 billion in 2022.

MarketsandMarkets Research predicts that the low-code development platform market size is expected to grow from USD 3.20 Billion in 2016 to USD 27.23 Billion by 2022.

M&A activity of Low Code Digital Experience Platforms

September 2019’s largest tech deal was Vista’s $1B acquisition of Boston-based Acquia, a Low-Code DXP for Drupal.

Low Code Digital Experience Platforms

Joget, Inc.
Joget, Inc.
Joget is an open-source no-code/Low-Code application platform for faster, more straightforward digital transformation. Joget combines the best of business process automation, workflow management, and rapid application development in a simple, flexible and open platform. Visual and web-based, it empowers non-coders to build and maintain apps anytime, anywhere instantly.
Crowd Machine
Crowd Machine
Crowd Machine claims to be the leader in Low-Code application creation. Their Crowd Machine GO enables the rapid deployment of reports and intelligent monitoring for lines of business, providing them with the flexibility and agility they require while meeting the governance requirements of the organization.
WaveMaker, Inc
WaveMaker, Inc
WaveMaker, as a Low-Code Application Development & Delivery platform, enables enterprise IT to create modern complex applications with a variety of integration options and advanced data management capabilities and a broad partner ecosystem. These platforms can be used to customize and modernize apps, including user experience focused-customer facing applications and also have basic process automation capabilities.
Outsystems, Inc.
Outsystems, Inc.
Named a Top Cloud Employer by Forbes four years in a row, OutSystems is a Low-Code platform for the development of enterprise web and mobile applications. OutSystems is the only solution that combines the power of Low-Code development with advanced mobile capabilities, enabling the visual development of entire application portfolios that easily integrate with existing systems. From core ERP and CRM solutions to aging legacy systems, OutSystems makes it easy to integrate any external enterprise systems, database, or custom app.
Zoho Creator is a Low-Code application development platform that empowers to build enterprise-class applications that run on mobile, tablet, and web. A graphical, drag-and-drop app builder hosted in the cloud, Zoho Creator provides an abstract, yet robust environment for developers to dive straight into application logic, skipping infrastructure, database, and other tedious implementations. Businesses of all sizes so far have built more than 2 million+ apps on it.
Medix Technology B.V.
Medix Technology B.V.
Mendix, a Siemens business and the global leader in no-code/Low-Code application development for the enterprise. Mendix is fundamentally reinventing the way applications are built in the digital enterprise. Mendix is a disrupting enterprise application development, enabling power users and making the development process drastically faster and simpler. It provides a comprehensive, integrated set of tools for the entire app lifecycle, from ideation and development through deployment and operation. Mendix’s ‘Go Make It’ platform has been adopted by more than 4,000 leading companies around the world.
AgilePoint, Inc.
AgilePoint, Inc.
Headquartered in Mountain View, California, AgilePoint is a global, growth-stage, revenue-generating company delivering disruptive technology to accelerate emerging digital business transformation through enabling a future-proof application strategy through eliminating costly refactoring and rebuilding efforts. Its flagship product AgilePoint NX is the most innovative Low-Code platform for building digital automation apps quickly and efficiently while ensuring future-proof simplicity. AgilePoint has over 2,000 global customers, more than a million users, and customers in 28 nations.

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