If we have a look at the job market globally then due to technology many people got new jobs and many people lost their jobs. For example, a drone camera took away the job of a chopper pilot and enabled any camera person to take aerial shots easily.
Similarly when we are observing the Low code financial services app development with ISVs then it is alarming a possible threat. The ISVs are offering user-oriented smart and easy tools for app development, website development and much more. these low code or no code options are a threat to the coders in the industry.
Coding has been tough
Previously the website development, app development and game development was a massive task. There are a lot of codes to write and generate that eventually gives the ultimate outcomes. The coders and developers were having their special protocols and jobs and for sure, some highest paying jobs.
There is a twist!
However, right now there is a twist in the story. Looking at the current dynamics of lo code or no-code application development options, we can perceive that coders might lose their jobs. Any person with a bit of interest and knowledge about digital platforms can work on these portals.
Not anyone with a little technical mind and some free time for exposure need a coder anymore. Using the low code or no-code development options, people are developing their systems without any assistance.
Just in case if someone is stuck with the development or setting procedure, there are guides available. The in detail helping guides and direct consumer access on phone are the other alternatives.
Is it a threat?
Do you think that threat to coders is real? Well, the answer can be inconclusive. It is because of variations. No doubt using low code platforms and app development options many financial services are coming on board. However, at the back end of these ISVs, coders and developers are working.
On the other hand, the access and working of these platforms are limited to some specific shots. These are not advanced and full option portals providing premium access to no coding developers. If we think that it will be an equal match of coded apps then we are wrong. There can be several loops in the system that requires a coder eventually to take an action.