Morning commuters in front of the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Monday, Jan. 16, 2023. The Bank of Japan will deliver its latest policy decision Wednesday, shortly after its massive easing program came under the fiercest market attack in the history of Governor Haruhiko Kuroda’s decade-long term.

Adoption of “no-code” to address the impact of Japan’s workforce shortage

As this article published in The Japan Times highlights, Japan is facing a potential workforce shortage of more than 11 million workers by 2040. As the nation’s population continues to age and the working-age population declines, the IT industry must be at the forefront of innovative solutions to ensure economic growth and sustainability.

One such solution is the adoption of “no-code” in software development processes. No-code development enables businesses to create highly scalable Cloud-based applications without the need for extensive programming knowledge, thus democratizing the development process. By embracing no-code, Japanese companies can rapidly create and deploy enterprise applications while significantly reducing the need for manpower, time, and financial resources.

The advantages of no-code tools extend beyond simply addressing the workforce shortage. By enabling faster time-to-market for software solutions, Japanese companies can maintain a competitive edge in the global market, allowing them to drive innovation and growth even with a declining workforce.

In labour-intensive sectors such as transportation, construction, and healthcare, no-code platforms can help streamline operations and automate tasks. This is particularly crucial given the expected shortages in these sectors due to an aging population. By leveraging no-code technologies, these industries can maintain productivity levels while mitigating the impact of a shrinking workforce.

As Japan faces a potential workforce crisis, it is essential that businesses and the IT industry as a whole recognize the value of no-code development. By accelerating the adoption of no-code solutions, Japan can mitigate the impact of its declining workforce, maintain economic growth, and have a much stronger chance of regaining its position as a global leader in innovation.

With our SOVA No-code platform, we are helping our customers in Japan to get ahead of this impending crisis, build a future-focused development strategy and deliver innovative solutions to critical business challenges.

Find out more about SOVA at www.hisova.com.