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Digital Transformation Drives Fivefold Growth In VC Funding Into Low-Code/No-Code Platforms, Finds GlobalData - Vimarsana News

Digital Transformation Drives Fivefold Growth In VC Funding Into Low-Code/No-Code Platforms, Finds GlobalData

<p><span>Amidst a growing number of companies pouring millions into digital transformation for business resilience, primarily against the backdrop of the COVID-19 crisis, low-code/no-code (LCNC) platforms are gaining momentum to cut down lengthy software development cycles to create new applications that meet immediate business needs. This has resulted in an year-on-year fivefold rise in the venture capital (VC) funding into LCNC platforms in 2021, according to GlobalData, a leading data, and analytics company.</span></p> <div><span><br /><...