Stay updated with breaking news from Studio rapid. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Share this article LONDON and LOS ANGELES, Feb. 18, 2021 /PRNewswire/ Builder.ai, the leading AI-powered software development platform that empowers businesses to build, run and scale software development without requiring technical expertise or coding, today announced that it experienced tremendous business growth in 2020, with a 230% increase in monthly revenue since the start of the pandemic. In particular, the company had record-breaking sales for its Studio product, which grew 21% month-over-month since April 2020. While COVID-19 took its toll on businesses and resulted in countless closures worldwide, it also drove over a third of businesses to increase the use of digital technology to adapt and stay competitive. Meanwhile, Forrester predicts that 75 percent of application development will use low-code platforms by the end of 2021. It s also projected that the global low-code development platform market will generate $187 billion in revenue by 2030. Thi ....
Builder.ai Emerges from 2020 with 230% Growth in Monthly Revenue prnewswire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.co.uk Daily Mail and Mail on Sunday newspapers.