Low code platform means, you can implement there complex business processes with less or even no code, just by interacting with a user interface.
Historically, for example Visual Basic for Applications and SAS have been usual business tools going into this direction in a limited sense (in many cases more feasible that develop your own solutions using C++/FORTRAN).
Nowadays where cost of IT is often required to develop towards zero, and with higher degrees as information technology becomes more and more ubiquitous, so it has become possible to build whole businesses using this platforms and advanced integrated solutions, now cloud based:
- Google business services and Salesforce for marketing and sales, also Facebook;
- Microsoft either Google for your whole documentation workflow
- One or more cloud solutions from same above either Amazon in case you want to process raw data either have virtual infrastructure
Now what are macro long term effects if any of these developments?