Business intelligence (BI) is a cornerstone of company growth and success. Through BI, organizations can make better decisions by providing present and historical data relevant to their business. However, implementing BI takes significant skill, time, and resources unless you do it with little to no code.
No code or low code development is an approach to app development that allows people with minimal programming experience to build apps quickly and reliably. Instead of traditional computer programming, applications are built through graphical user interfaces (GUIs). This approach brings plenty of advantages to organizations looking to create applications without investing time and resources into an in-house software development team.
Provides easier access to AI solutions
Utilizing artificial intelligence (AI) solutions opens up plenty of opportunities for businesses, but until recently, it’s a solution only huge enterprises have been able to implement. With the no-code approach, this is no longer the case. No-code AI allows organizations to perform data classification, analysis, and build AI models without the downside of high costs and the required specialists.
No-code AI is typically introduced through a custom-developed platform that companies can immediately integrate into their tech stack. These code-free systems may also come with features such as a drag-and-drop interface, a custom desktop, and others that make them as easy to use.
BI trends for 2022 show that enabling technologies such as AI are expected to play a more significant role in data preparation, profiling, cleaning, joining, and exploring. In addition, needing to manage growing data and data sources means AI will take an even more significant role in BI.
Eliminates the need for specialists
Since no-code BI doesn’t require computer programming expertise, it allows organizations to forego hiring specialists such as software developers and quality assurance engineers. Instead of spending time and resources hiring, training, and keeping your own IT team, you can focus on utilizing BI to make more data-driven decisions. The simplicity brought by no-code BI also means employees will be spending less time dealing with loads of spreadsheets and tackling other operations instead. Its usability implies that almost anyone in the organization would be able to utilize BI tools, encouraging a more hands-on attitude.
Paves the way towards a data-driven culture
The digital age has allowed for the accumulation of massive volumes of data, and those who can leverage insights from this data to make informed business decisions or more likely to grow and succeed. Hence, data-driven organizations have a significant advantage over those that are not. However, creating a data-driven approach for your organization isn’t a walk in the park — it requires plenty of time and resources, which can be challenging to manage depending on the company’s size.
With no-code BI, the path to a data-driven culture is shorter. It eliminates specialists and provides BI tools that are easy to use, even to non-experts. It saves time and resources, allowing the organization to skip much of the technical work required in implementing BI solutions. Instead, efforts can be concentrated on using data to explore business opportunities with less risk.
Enhances adaptability
Customer needs are constantly in flux, and it’s easier to adapt to them through no-code BI. In addition, a no-code approach to BI allows companies to build and maintain solutions as customer needs change incrementally. This is thanks to the simplicity, accessibility, and ease of use.
Optimizes business operations
Simplifying BI solutions means teams will be able to allocate more time for critical tasks, increasing productivity and fast-tracking project deliverables. The capacity to engage with BI tools without expert knowledge means data analysts can work efficiently. Using BI solutions without hiring specialists means saving time and money. These optimizations will help companies deliver products and services faster, enhance apps, and deploy solutions promptly.
Conclusion
Unless your organization has a significant IT team, the only way to revolutionize your use of complex data is using no-code BI. It simplifies application building and accelerates delivering products to market. The first step to taking the no-code approach to BI is choosing the right BI tool. As of writing, there are more than 100 BI platforms available. Understanding your business needs well is the key to selecting the BI tool best suited for you.
