Topics In Demand
Notification
New

No notification found.

Consider the Benefits of Low Code No Code for Augmented Analytics
Consider the Benefits of Low Code No Code for Augmented Analytics

February 23, 2024

10

0

Low code/no code (LCNC) application development is regarded as an innovative step in the future of software development. With its reusable components, drag-and-drop features, visual creation process, and emphasis on digital democracy, opting for low code/no code application development becomes essential.

Simply put, low code software development allows development of enterprise applications with a minimal need for coding. Low code development platforms provide users with a suite of tools, custom code components, and boilerplate scripts. No code software development requires minimal programming skills to quickly build an application. This explanation provides a simple understanding of both approaches and, for the purpose of this article, we will not dive into the details.

Statista predicts that, ‘… the global low-code platform market is forecast at approximately sixty-five (65) billion USD within the next several years.’ This market and the popularity of this approach is based on the need to simplify and speed the prototyping and planning process and to provide simple components and building blocks so that complex development projects and software can be upgraded and improved quickly with new features and functionality added dependably, and high-performance ensured.

‘Remember that choosing the right business intelligence (BI) and augmented analytics solution, built upon the right foundation will dictate user adoption, return on investment (ROI) and total cost of ownership (TCO) as well as the overall success of your business intelligence project.’

When low-code or no-code development is utilized in augmented analytics, it can provide an environment where upgrades can be accomplished rapidly, ensuring that the features, functionality and performance of the augmented analytics app or software is relevant, leverages the right new technologies and techniques and allows users to enjoy easy-to-use, high-performance features without a lot of training or implementation cost or time.

At the organizational level, the low code, no code approach encourages user empowerment and user adoption. It enables data sharing and allows the enterprise to produce fast, dependable insights and improve the value of business analysis across the enterprise, democratizing the use of advanced analytics.

 

Remember that choosing the right business intelligence (BI) and augmented analytics solution, built upon the right foundation will dictate user adoption, return on investment (ROI) and total cost of ownership (TCO) as well as the overall success of your business intelligence project. Your vendor and software app must be able to support rapid market and technology change and allow you to grow, expand and adapt quickly. Building on a low-code, no-code foundation allows your software partner to quickly and easily support the needs of the market and provide you with the tools you need to improve results.

‘When low-code or no-code development is utilized in augmented analytics, it can provide features, functionality and performance using the right new technologies and techniques.’


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


KartikPatel

© Copyright nasscom. All Rights Reserved.