Andy Bartels from Analysis.tech dives into the booming Low-Code and DPA markets. He reveals key strategies for vendors to differentiate themselves amidst fierce competition from larger players. The conversation covers innovative market sizing techniques and challenges in selling low-code platforms. Bartels emphasizes the vital role of system integrators in development and discusses how generative AI is reshaping market dynamics. Excitingly, he hints at future discussions with leaders from Appian, Mendix, and Camunda.
The podcast highlights the necessity for low-code vendors to adopt specialized solutions targeting vertical markets to enhance client value.
Andy Bartel outlines a detailed market sizing methodology that categorizes vendors, emphasizing the importance of understanding their dynamics for growth opportunities.
Deep dives
Introduction of New Voices
The episode introduces a new team member, Andy Bartel, who brings valuable experience from his previous role as the chief economist at Forrester. His background in tech market forecasting and econometrics adds an essential perspective to the podcast. This involvement signals a move towards further blending market insights with discussions on low-code development. The hosts aim to provide listeners with a more rounded understanding of the industry dynamics through this expert addition.
Shifting Focus to Vendors
The podcast shifts its focus toward incorporating vendor perspectives after establishing foundational knowledge in low-code and no-code spaces. Three important vendors have been chosen for upcoming episodes: Appian, Mendix, and Communda, each representing distinct market approaches and characteristics. Appian is noted for its transition from BPM vendor to a successful low-code platform, while Mendix has a strong legacy as a low-code vendor. Communda stands out with its commitment to orchestration and open-source principles, broadening the diversity of insights to be shared with listeners.
Market Sizing Insights
Andy Bartel shares his methodology for sizing the low-code market, emphasizing that market sizing requires a thorough approach to understanding vendor dynamics. He outlines four categories of vendors: public specialists like Appian, smaller private vendors, large vendors' product revenues, and unknown vendors. Each category can be assessed through employee counts, client numbers, and revenue forecasts to create an overall picture. This detailed approach enables a clearer understanding of market opportunities and growth potential.
Navigating Vertical Markets
The discussion emphasizes the importance of targeting vertical markets in the low-code industry and understanding the unique requirements of various sectors. Ryan introduces the challenge of effectively selling a platform to enterprise IT departments, particularly against strong competitors like Microsoft. The need for specialized solutions tailored to specific industries becomes evident, as effective implementation requires deep understanding and value addition for clients. This conversation highlights the dual focus on product capability and strategic sales approaches to optimize engagement in niche markets.
The Low-Code and DPA markets are growing rapidly. Market dynamics are also changing as behemoth vendors target this increasingly critical segment. In this episode Andy Bartels of Analysis.tech discusses our approach to market sizing as well as strategies for vendors to differentiate, grow and add value to clients in new and powerful ways.
After this episode, Low Down on Low-Code will shift gears and chat with some important vendors in the low-code and DPA space. We have a number of great guests coming on we're delighted to announce the first three:
Appian's SVP of Strategy, Malcolm Ross
Mendix's Chief Growth Office, Nick Ford
Camunda's Founder and CEO, Jakob Freund
These three vendors represent very different and important approaches to this market. We're thrilled to have them over the next three podcasts.
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