Chennai: Coforge Limited, formerly NIIT Technologies, and TalentSprint have announced a fast-track, placement-linked summer school to transform new engineering graduates into Business Process Automation and Low-Code Platform professionals.
According to a press release, this program is ideal for young professionals seeking to embark on an exciting IT career right now, despite the challenges of a pandemic.
According to Marketsand Markets, the global Low-Code Development Platform (LCDP) market size is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compounded Annual Growth Rate (CAGR) of 28.1%. The surge in remote development triggered by the pandemic will continue to boost this sector as more companies turn to Low-Code Platforms to support their innovation and digital transformation agenda.
Gartner predicts that half of all new demand for Low-Code Platforms will come from non-IT business organizations by end of 2025. It is expected that major software-as-a-service vendors and the need for business-led hyper-automation will drive up LCDP adoption through 2022.
Similarly, the global BPM/BPA market is slated to grow at a CAGR of 12.2% from USD 9.8 billion in 2020 to USD 19.6 billion by 2026, highlighting the need for skilled talent to power digital transformation.