Business Uncoded: An Introduction to No-Code App Development
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For nearly two decades, companies have been decreasing their dependence on third-party software vendors. The total share of firm spending on pre-packaged vendor software has steadily declined since 1998, and today over 70 percent of IT software budgets are set aside for creating software in-house or contracting third-party development agencies. In fact, businesses still spend more than $250 billion annually on proprietary software.
With so much investment thrown into proprietary software today, the process should be highly optimized and cost-effective. Yet software creation remains resource-intensive, convoluted, and inefficient. This is due to the fact that companies are continuing to rely on traditional development models that require coding, lengthy review processes, and access to expert developers.
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