Software development is a challenge
Anyone who has ever participated in a software development cycle knows that developing software is a challenge; It’s definitely not a walk in the park. For most companies, software development is an expensive and time-consuming process that often takes more than a year to bear fruit (according to Gartner & PMI, 200% of IT projects are over budget and 41% of IT projects are delayed). Additionally, you will need technical understanding and resources to successfully build, develop, deploy, and manage a large software company. All of these reduce the likelihood, if at all, of software affecting a company’s bottom line.
But as I said, technology is the future. Today, with our recent experience with Covid, digitization is the only way forward. Companies and organizations that have successfully implemented technology solutions to automate their processes are miles ahead of their competition when it comes to increasing efficiency. One example of this is Asian Paints, which have an emphasis on technology. Needless to say, the approach paid them off good looking pidends. So what is to be done? How can technology be made available to everyone? How can you overcome your disadvantages and challenges? One such sustainable solution is No-Code.
What is no-code?
No-code is an approach to software development that allows citizen developer / any non-technical person to come up with ideas, prototype, design, build, implement, and manage without learning programming skills. Complex enterprise software requires dozens of technical team members to envision, develop and operate directly from Business System Analysts (BSAs), Ui / Ux designers, DevOps engineers, software architects, developers, QA engineers, etc. Relatively enables one No-code platform users to create software for their company themselves. In this way, all dependencies on large technical teams are eliminated. In addition, no-code platforms enable companies to save a lot of time and money. Software that used to take more than a year to develop can now be completed in less than a week. There are also great cost savings. No-code platforms have cut development costs to a fraction of what they used to be. Market forecast is that No-Code market opportunity is projected to be $ 187 billion in 2030, with a 31% CAGR of $ 10 billion over 2019-20.
Then what’s the catch? Why doesn’t everyone use no-code software? Well, to understand that, one has to delve deeper into the history of such software. No-Code / Low-Code is not new! In fact, it was part of the dot-com era ecosystem. Most of the major no-code platforms were set up in the early 2000s. That being said, the solutions they provided were very generic and not very customizable. With the advent of artificial intelligence, machine learning, cloud solutions and faster wireframes and computing power in general, no-code is getting bigger and bigger. It has already started cannibalizing software development work in the market on a large scale.
Natifi.ai is one such up-and-coming startup that is redefining the software development process. Instead of developing a generic tool that can be used across industries, Natifi focuses on a few niche industries like Grant Management & Supply Chain Management. It can deliver deep and complex solutions that can be used at the corporate level. Their platform not only enables the construction of complex systems through a completely code-free experience, but their Ai models train themselves on the incoming data and forecast and forecast. With Ai, organizations can cut lengthy manual processes, often months, and highlight the right data to proceed and make a decision, saving thousands of man hours.
The age of automation is just around the corner and making technology accessible is the way to go. Natifi.ai founder Aditya Ranjan Sinha Roy says, âDemocratizing technology is the only way forward and one of the most important areas the tech industry can focus on is automation through no-code, among other leading technologies and artificial intelligence. â
Democratizing Technology: The Way Forward
To sum up, with the digitalization ahead and a massive shortage of digital talent, the only way to automate and sustain our technology and businesses is to rethink the way solutions are created. Gone are the days of spending millions of dollars on technology that may or may not work, or may or may not improve home efficiency / profitability. The way forward is to democratize, access, accelerate, cut costs and scale; The way forward is the no-code revolution.