Due to the rise of low-code solutions, application development is moving out of the IT department and moving into the the whole company. Citizen developers and business technologists are expected to be more involed in application development. This change calls for regulation and monitoring, hence the need for more policies in place.
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The average software developer salary in 2020 was more than $100K a year in the US. Though no-code solutions don’t fully replace a developer functionally, they help developers focus on more difficult projects and they cost significantly less than hiring a new developer.