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Our recommendations focus on ensuring low-code platforms enable scaling, understandability, documentability, testability, vendor-independence, and the overall user experience for developers those end-users who do some development. In this paper we discuss experiences with several low-code platforms and provide suggestions for directions forward towards an era where the benefits of low-code can be obtained without accumulation of technical debt.
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However, in practice, software written on such platforms often accumulates large volumes of complex code, which can be worse to maintain than in traditional languages because the low-code platforms tend not to properly support good engineering practices such as version control, separation of concerns, automated testing and literate programming.
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The idea is that applications on these platforms can be built by people with less technical expertise than a professional programmer, yet can leverage powerful technology such as, for example, for databases, financial analysis, web development and machine learning. The concept of low-code (and no-code) platforms has been around for decades, even before the term was used.
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That's in a nutshell what Appian does.Book series (LNCS, volume 13036) Abstract
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If you know how to doodle, you can figure out how to use a low-code platform. If anyone's ever used Wix before or some no-code platform like that, pretty intuitive user interface. Or if you're not a software developer, you can actually still use it and might be part of the creation process. If you are a developer, Appian is an incredibly powerful tool. Low-code and no-code platforms are helping solve that problem. There's too many projects, businesses need to get done, not enough people to work on those projects. But it's actually happening in the tech world. We all see it when we walk into a retail store or a restaurant or something like that and help wanted signs. But as we all know, there's a shortage of labor out there. The world is going to need twice as many software developers over the next decade. But there's this estimate that there's going to be as many as 50 million by the end of this decade. More probably a little bit more than that. I think this slide is just they just show the headlines just because it's just such an important movement with something like over 20 million developers around the world. Probably heard it a lot, talked about how it's the future. Rossolillo: It's been an awesome story so far.
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Source codes are generally divided into two types: Proprietary Open source For example, when you install Apple’s software, the source code is proprietary. I think that's important for people to know. If you have ever thought about creating software or even licensing it, you’ll probably have come across something called software source codes. I meant to mention too, the stock is up 500% since their IPO in 2017. Appian has this slide in their beginning of their investor day, which oddly enough is the first one since they went public. You can know nothing about software development and coding and be OK on one of these low-code, no-code platforms. They've added so many other tools in addition to that. Really got to start billing itself as just a super easy-to-use way to get a website started. That's why I couldn't resist just dropping a comment about Wix because it is a no-code platform as well. They were talking about Wix versus Squarespace. Actually, on the last show, it was interesting.
Rossolillo: Jeremy, you were talking about the low-code. If you're on the West Coast, and had a heavy lunch grab an energy drink, grab a coffee. I will try to not make this too dense of a discussion here.
Nick Rossolillo: Yeah, Let's get into it. Nick, you want to start off with the presentation and talk about the first few slides there with the TAM and the low-code stuff? They also rely on partner relationships for that. Their revenue is a balance between cloud subscriptions or mostly cloud subscription, and then they still have some on-premise business and then services, like app development, consulting things, and helping company with the nuts and bolts of that stuff. As software shifted to the cloud, so have they. That's a big part of their culture and they don't have much debt because of that. They are a little older than most of the cloud companies that are around now, but they were self-funded through customer revenue. To tell you a few things about the company.
Low-code implies that there is a little bit of code in use. The company, they use the terms interchangeably though. What that basically means is it allows companies to easily deploy apps with little or no code. Jeremy Bowman: Appian ( NASDAQ:APPN) for those who don't know, it is a low-code cloud software platform.