Forrester has published a new report titled “Vendor Landscape: The Fractured, Fertile Terrain of Low Code Application Platforms.” With the report, Forrester takes its first step in segmenting the market and specifically calls out the space for being a high potential, fast growing, new emerging market.
Among the areas cited for impact in the coming Age of the Customer, Forrester notes that "Low Code Platforms allow app delivery at Customer Speed,” citing traditional coding (i.e Java, .Net) is a slow, expensive, and labor intensive process and that these new platforms help them accelerate development. They also highlight the ability to quickly build and test MVP applications and translate new ideas into action with low cost working prototypes, and then scale them as users grow. This echoes our findings from our September QuickBase State of Citizen Development Report 2015.
Although this initial pass at assessing the Low Code space was written for Technology Management and Enterprise Architects, the report highlights that many vendor solutions, like QuickBase, are also selling solutions to the line of business (LOB). In fact QuickBase sells to both IT and the LOB, and have in many instances LOB (Citizen) developers and IT Developers working in concert to prototype applications. This is an exciting area we plan to explore with Forrester in the future. Overall, this declarative statement about the market indicates Forrester is in line with our assessment that this is the year of the Low Code Platform and rise of the Citizen Developer. Particularly Forrester calls out the Low Code market as an attractive “high growth” market and proclaims the “Low Code development platform market (which sits at an estimated 1.725M in 2015) will grow to over $10B in 2019.”
The report lays out 5 emerging low-code platform segments and clusters vendors in the space that best represents the vendor's current customer base and use cases. Although some vendors, including QuickBase, will eventually fall across multiple segments, only QuickBase was recognized as showing potential to be a wide-ranging Citizen Developer solution.
“Of the five low code platform segments, the products focused on database apps have the greatest potential to empower nondevelopers, given appropriate tooling. Both Caspio and Intuit QuickBase have among their customers many business experts who are not Pro developers but who deliver applications.”
This call-out recognizes QuickBase has carved out a differentiated value proposition and we are further excited about our forward progress in building a platform that was purposely designed to meet the needs of both IT and Operations as well as non- developers. Our ability to bridge IT developers with Citizen Developers prepares us well to help redefine the coming age of application development, creating a new agile framework in which both business and IT can meet the demands of digital transformation. We are honored to be recognized by Forrester in this inaugural report of the low code space and are very encouraged to see increased analyst interest in the area we’ve been pioneering with our customers for many years.