The Indian IT industry is in the throes of an unprecedented period of attrition which market watchers say averages around 25%. The pandemic has led to unprecedented demand for software talent, which in turn has led to record levels of attrition.
The shortage of quality talent is most acute in software development where demand is rapidly outstripping supply. This is corroborated by a recent report from cloud infrastructure provider DigitalOcean, which indicates that 42% of software developers who did not change jobs during the pandemic plan to quit this year. The report also notes that more than a quarter of developers who have been in the workforce for more than a year have taken on a new job in the past year.
According to a report by Nasscom-Zinnov, India is expected to face a shortage of 14 to 19 lakh tech professionals by 2026. The tech workforce stood at 47 lakh employees in 2021, but the country needed 52 lakh tech professionals. This translates to a tech talent gap of 21.1%.
By 2026, according to the report, India is expected to have 75-78 lakh tech professionals, but the requirement could be 93-96 lakh. Another report, commissioned by AWS, predicts that India will need nine times as many skilled digital workers by 2025.
The aforementioned problems can be effectively solved with low-code platforms. Some of the biggest benefits of these are:
low code The platforms allow skilled developers to work more efficiently, so they can focus on more complex and less mundane aspects of programming. This way, businesses of any size are able to maximize their existing resources.
They help companies are turning to new digital initiatives caused by the sudden changes in the market and the new needs of consumers and customers. For example, you can provide cloud applications that integrate with certain legacy systems to meet changing customer needs.
Rhythm development will improve as businesses gain access to hundreds of pre-built UI templates, samples, and screen templates with pre-built layouts, widgets, components, styles, and logic . These can be added to applications using a WYSIWYG (What You See Is What You Get) type editor.
They can help citizen developers or business domain experts develop professional applications using features such as drag-and-drop functionality, pre-built user interfaces, and business process, logic, and data model templates.
The Covid-19 pandemic has meant that every business is now a digital business or uses digital technologies in some way. Given the pace of digital initiatives, low-code platforms can play a pivotal role in solving India’s thorniest problem: the software skills gap.
For example, if a ministry wants to develop an app in an emergency situation (like the Aarogya Setu app to track Covid-19 infections), this cannot be done in the traditional way. Additionally, business leaders must recognize that technology is fluid and that every application must evolve and evolve to meet the needs of a dynamic era. A low-code platform can meet this need and allow developers to modify an application or adapt to new technology as quickly as it was developed.
High-performance low-code platforms also ensure that all applications are built following best coding practices. Leading low-code platforms provide security services and controls to ensure scalability, governance, threat protection, and compliance. From a quality perspective, this helps ensure that all applications are built following software development best practices.
Additionally, many low-code platforms also offer AI capabilities to find and fix issues quickly, eliminate design errors and duplication of effort, and identify anything that needs to be fixed or optimized. This way, developers can scale applications as quickly as the business evolves and new technologies are introduced.
The author is the Regional Vice President of OutSystems India
July 21, 2022