From Start-ups to Fortune 500, Why Everyone is Looking for Low-code / No-code Data Platforms?

A common trend among businesses in this day and age pertains to the 'Speed' of operation. They are invariably seeking new ways to automate business processes and finding unique and novel routes to implement tech solutions into their workflows. This inclination towards operational efficiencies and a greater focus on quality can be attributed to the constantly evolving market and immensely diverse audience. 

The emphasis is on implementing creative and innovative ideas without any hassle of having to invest in lengthy processes. And this is precisely what paves the way for buzz-phrases No-code and Low-code. Both these concepts work in favor of streamlining and altering processes with the use of Technology. 

In other words, Low code and No code present themselves as viable options for businesses by allowing the deployment of ideas quickly and efficiently - while eliminating the need for costly processes of coding and compiling software for internal use. 

That explains why start-ups, SMEs, and even classical-coding-loving Fortune 500 companies are looking to have Low-code and No-code platforms at their disposal. After all, it's all about saving resources (cost + time) and warding off the possibility of human resources being occupied with mundane tasks. 

In that light, this article will attempt to draw a parallel between the needs of distinct-level organizations and shed light on the concept, prominence, value, and necessity of Low-code and No-code platforms. 

But first, let's understand what they actually mean. 

What is Low-code development?

Low-code development is an approach that aims towards the rapid delivery of stable, reliable, and tested software applications without the need for proficient coding skills, diverse code libraries, compilers, and IDE's. This makes it easier for non-technical users to create customized, tailor-made business solutions. 

Here's how Low-code platforms work:

They use a combination of drag and drop features, graphical interfaces, visual design tools, and simple business logic scripts, allowing the non-technical users to build applications with pre-built features commonly found in applications developed with traditional coding languages. A significant technical advantage is that they support several mainstream programming languages, including Java, .NET, PHP, and C#, with minimal switching costs. So, the developers or perhaps the business users can make transitions between languages per the requirements. 

What is No-code Development?

No-code development is an approach towards developing applications, allowing users without programming knowledge or experience access (or use) the system's capabilities - without the need for any coding skills or tools. Prominent examples of such platforms are online website builders.

Here's how No-code platforms work:

They use visual "Assistants" or wizards that guide the user through the process of making changes to an application. The process uses pre-built components and features from within the platform, as well as external solutions, allowing users to build applications without having to worry about coding.

Why Start-ups and SMEs Need Low-code / No-code Data Platforms

There are constraints to working smoothly in a competitive environment. More often than not, businesses need to optimize their requirements to comply with the resources at their disposal. But what if the market demands more? Well, then that's a catch worth addressing. You can't leave out on growth, or can you?

There is a growing consensus that enterprises need to be data-driven. But how do they inculcate the data culture within the organization unless they give the right tools in the hands of every business user?

To that end, here are some considerations as to why start-ups and SMEs must invest in Low-code / No-code data platforms. 

·        Better Data Accessibility through Quick Development

Let's say as a sales leader, you want to get answers to questions like - where are your orders coming from? What is the average value of an order? Is there any seasonality? Do customers buy the product/ service after any specific marketing campaign?

So far, you have relied on multiple excel sheets to get some of these answers. Sometimes, you rely on your gut feeling. But now, you want to get all this data on a centralized platform, but you don't have the in-house capabilities to build it.

Leveraging the potential of a Low-code data platform, in such a case, would provide you with literally everything at the expense of a mouse-click. Even your team members would be able to make use of wizards and assistants to develop required apps in a drag-and-drop fashion without having to learn coding, of course. This tends to simplify the overall process, swapping out the need for technical expertise for an easier-to-follow visual interface that helps in building an app in a snap. 

·        The Unparalleled Combination Cost-Efficiency and High-Grade Features

No-code/ Low-code platforms also tend to be extremely cost-effective than traditional application development efforts. This is because they generally contain pre-built components within their platform, making app development or data analysis effortless.

Most of the modern-day platforms are cloud-based, which means that they're accessible from any device. The nature of cloud-based infrastructure also means that your app can be updated and made available at any time without the need for complex configuration. 

In today’s data-driven world, decisions need to be made based on real-time data and insights. Low-code/ no-code data platforms offer extremely cost-effective ways to make use of the data at disposal.

·        Real-time, Data-Driven Decision-Making

Suppose a company uses some internal tools and manual processes to track the performance of its marketing campaigns. Unfortunately, they're completely outdated and inefficient. They do not offer any flexibility or real-time insights to the business decision-makers, which makes them more of a hindrance than an asset. Business leaders cannot make real-time decisions based on the campaign performance because it involves a lot of manual data processing.

The crux here is that it's hard to achieve greater productivity without technologies that simplify the work process and streamline the operations. Again, Low-code / No-code data platforms turn out to be saviors — this time owing to the principle on which they have been developed - speed and efficiency. 

For instance, for the above case, a marketing manager can use Low-Code/ No-Code data platform to develop an app to continuously monitor the performance of campaigns. This would not only pave the way for the team to make space for more creative tasks but also yield better analytic results — a lot better, in fact.

In short, no overhead costs, no additional time consumed, no redundancy in work. Such benefits go a long way in simplifying the process and bringing these technologies to organizations for their ease of use and affordability. 

Which Companies Can Benefit the Most from Low-code/No-Code Data Platforms?

Low-code/ No-code data platforms are for organizations that want to be data-driven enterprises and want to inculcate the data-driven decision-making culture across all levels within the organization.

For companies and departments which don’t have the time and budget to engage resources or technical expertise to build applications using traditional coding languages, these platforms offer a ready solution at a fraction of the cost and require significantly less time to build, deploy and maintain. 

On the other hand, these platforms also bring innumerable advantages to companies with development teams in place already. This is because they make coding faster and easier with a visual interface that helps business users do all of this without the help of developers. 

Rubiscape – A Unified Data Science Platform

More the data, better the progress. 

Rubiscape is a leading No-Code / Low-Code Data Platform that serves to streamline and simplify complex data science processes. This is achieved by bringing together data, algorithms, and business intelligence into one cohesive application that's easily accessible via an intuitive interface. 

Accessible via the web, desktop, and mobile, Rubiscape allows users to build and customize applications using drag-and-drop design, intuitive visual tools, and a simplified coding UI. From here, they can train algorithms to define outcomes that are purposeful for their business. 

Furthermore, Rubiscape empowers data analysts to cut through the technical jargon of analytics and develop apps that are intuitive yet run complex data science commands. This means that your application becomes an asset rather than a hindrance to your business.

Every ounce of data in your enterprise is worth your progressive vision. Use it to your benefit with Rubiscape's extensive capabilities.