Low-code platforms are a major boon to IT departments, with a new report by Microsoft saying they “help drive efficiency gains.”
LowCodeUpdate

Low-Code Development Market Projected to Hit $94.75 Billion by 2028
Low-code development is experiencing a major growth period, with the market projected to hit $94.75 billion by 2028.

Intelus, Founded by Former Microsoft & Salesforce Execs, Tackles No-Code AI
Intelus has emerged from stealth, hosting an open beta for companies interested in its no-code, Machine Teaching platform.

Amazon SageMaker Canvas: A No-Code Machine Learning Service
Amazon has released SageMaker Canvas, the company’s no-code machine learning service.

Mendix: ‘Low-Code Achieves Mainstream Status’ In Enterprise
Mendix has released a comprehensive study of the low-code market within the enterprise, and it shows how important the technology has become.

Salesforce-Backed Youreka Raises $8 Million On Strength of No-Code
Youreka Labs, a company that enables Salesforce-based businesses to build assistants using no-code development, has raised $8.5 million.

27% of C-Level Execs Know Nothing About Low-Code
Low-code may be one of the fastest growing trends in development, but over a quarter of C-level execs haven’t heard of it.

Microsoft Releases OpenAI-Powered Code Completion Tool
Microsoft is leveraging its agreement with OpenAI to radically change the nature of low-code development with its first AI-powered code completion tool.

Prosus Buying Stack Overflow for $1.8 Billion
Prosus has announced it is buying Stack Overflow for $1.8 billion, as it increases its focus on the online learning market.

Microsoft Integrates GPT-3 Into Power Apps Low Code Development
Microsoft is integrating GPT-3 — a natural language model developed by OpenAI — with its low-code development tools.