THE PROSPECTS AND EFFICIENCY OF NO-CODE AND LOW-CODE PLATFORMS FOR BUSINESS AUTOMATION

Abstract

In recent years, there has been a growing interest in no-code automation tools for business processes in the IT industry. Over the last fi ve years, investments in no-code platforms have crossed one billion dollars. The study focuses on the analysis of these technologies in the context of small and large businesses. However, the issue of replacing traditional development remains. The study aims to determine who benefits from using no-code and who benefi ts from traditional development. The research is relevant since companies have limited resources. Methods include effi ciency analysis and comparison of implementation results. The advantages of no-code include speed, cost, and low risks, but it is dependent on the software solution and requires programming skills. The study calls for a balance between the use of no-code and traditional development to maximize benefi ts. Based on the research, it is established that no-code and low-code development are less effective without traditional programming and will be more effective for implementation in companies that already have a team of IT specialists.