It seems no-code software is booming. Fast adoption, huge rounds, insane valuation ?, happy customers. Why now? Why not 20 years ago? Why not 20 years in the future? This is an interesting question I got from one VC partner. I didn’t manage to answer it clearly on the spot and have been thinking about it for two weeks. Now I get the answer, but we have go back in time first.
Software industry is relatively young, we can give it ~60 years. First programs were focused on military and scientific needs and commercial software appeared somewhere around 1960. Rapid growth was ignited by microcomputers around 1980 and it means commercial software enjoyed only 40 years of rapid growth.
Read Michael Dubakov’s article to learn more: