With the development of technology, it is now possible to design complicated apps without spending a lot of money, waiting for weeks or months, or hiring several engineers. Given the development of low-code and no-code platforms, it is now possible to construct applications that incorporate cutting-edge technologies. As a result of their introduction, an increasing number of businesses are attempting to capitalize on these platforms' ability to generate AI solutions. This is where visual drag-and-drop tools come into play, making AI more approachable to non-technical consumers. Furthermore, in all industries, the digital curve is essential. Thus, every organization must increase its efficiency and evolve with the transition to a digital way of life. In this context, no-code and low-code platforms enable business users in these functions to tap into unexplored opportunities, automate processes, and construct applications without having to invest heavily in the IT departments.
No-code is an approach to software development that enables non-technical persons, or anyone without prior knowledge, to design apps without manually creating code. It gained even more traction during the pandemic since companies going online didn't want to invest heavily to create their own software, applications, eCommerce websites, etc., thus they required a quicker and more convenient way to incorporate new solutions. A no-code AI system deploys AI and ML models without using any code. It makes data classification and analysis used for attaining company objectives easier. According to Gartner, by 2025, Enterprises will adopt low-code or no-code solutions in 70% of their new application development. It's an increase from less than 25% in 2020.
Benefits of No-Code
Go to market faster than before
If you don't have the essential background knowledge, technology may be challenging to fully understand. It may take a significant amount of time to find and retain the right technical expert to develop the required application, delaying the launch of the new product. No-code AI enables businesses to execute their go-to-market plan more quickly than anticipated and create the solutions they desire within a given period. Platforms that don't require programming not only save time but also expenses on IT. Companies can considerably reduce development expenses by concentrating only on what is necessary. Without the need to hire specialized people, the platforms also make it possible to do software maintenance tasks like timely upgrades.
Empowers business intelligence
The amount of data that a machine can analyze is simply too large for a human to process. In addition to doing this, AI technologies have the potential to offer crucial insights that can aid businesses in making better choices. Making artificial intelligence (AI) as accessible and usable to consumers as past innovative and disruptive technologies is crucial as it has a greater impact on our society and businesses. AI is poised to fundamentally alter how business is conducted around the globe, just like email, Excel spreadsheets, and high-speed internet did. No-code AI enables business end users to create new solutions without the need for coding, enhancing productivity, ROI, and client retention.
Increasing business agility
Market, customer, and company dynamics are constantly shifting. Agility is thus a necessary component of digital change. A quick time-to-market schedule for introducing services and keeping up with the competition, for instance, is a requirement for a successful digital transformation project. Alternatively, if an existing procedure is not focused on customers, the development team needs to make the necessary changes right away. No-code/low-code platforms often include scaling tools and capabilities built-in, making it simple for organizations to expand and change how they operate. By doing so, performance levels can be improved and technology can continue to support company objectives.
The Future of Digital Transformation!
Whether you know how to code or not, Low-code and no-code AI platforms offer a simple approach to building websites, apps, and software. You can create your own software applications and do much more using these platforms. This will enable your business to have immense reach and impact with your products and services. In a world that is becoming more competitive, these tools promote efficiency and agility. Organizations that fully utilize no-code AI not only stay far ahead of the competition but also open up new avenues for digital transformation.
Author: Mathana Prithviraj, Co-founder and product head, Workhall