Why Data-driven Enterprises Should Embrace No-code Platforms
Why Data-driven Enterprises Should Embrace No-code Platforms
In the past, IT-driven businesses that lacked budgets to hire software developers turned to outsource their projects. However, over the years, even these small businesses have developed a spurring need to become self-serviceable and independent. In effect, plenty of them have already started embracing no-code platforms.
In recent times, the quickly evolving data-driven enterprises are beginning to feel the need for no-code platforms as well. With the rising need for data governance and security and the necessity for self-service data engineering platforms is imminent.
What Is A No-code Platform?
A no-code platform is an AI/ML-driven data platform, which provides quality, cost-effective, and accelerated time-to-market solutions with augmented automation and associated services in the data and analytics space.
In simpler words, no-code platforms are tools with drag-and-drop features – that help build software applications – to automate data-specific operations that were previously done manually. These operations could be data transformation from legacy to cloud-based systems, data migration processes, schema redesign, data analytics, visualization, etc.
The Need For No-code Platforms
Did you know that despite 76% of enterprises having raised their budgets for data management in the past year, 83% of IT Decision Makers are still not satisfied with the performance and outcomes of their data management and data warehousing solutions?
It has been reported that an average enterprise loses over $1 million due to poor data management every year.
Why do enterprises experience such unsettling issues with data management? Let’s dig a little deeper.
- It’s quite clear that data-driven enterprises require niche experts to manage and maintain their data. However, owing to the lack of such expertise, enterprises exhaust their expert resources in doing more mundane tasks, such as manual data transformation and migration to the cloud.
- By 2022, 90% of data and analytical innovations will require public cloud services. While moving from legacy systems, enterprises face difficulties in physically switching data from the inheritance stack to the cutting edge stack. Besides requiring specialists to distinguish and transform ETL, EDW, analytical and reporting scripts, schema, and tools, manual transformation can be tedious, mistake-inclined, and monotonous.
- Additionally, there is a rising need for self-service data engineering in regulated segments within enterprises. These segments purely depend on IT integrator partners to drive their data engineering processes. There is a ton of data lost during transmissions from business to IT and vice-versa, bringing about conflict, delay, and deletion of data.
By implementing no-code platforms to take care of routine transformations and migrations, enterprises can use their experts for proper data management. This negates the need to outsource or remain IT-dependant, invariably helping them cut down on costs.
Will No-Code Platforms Replace Data Engineers?
Let us be straight with you – No!
Although no-code platforms can substitute for the monotonous tasks that a Data Engineer or Scientist may be involved with every day, there is no way that real data-driven enterprises can do away with human expertise. Besides, no-code platforms still require manual intervention to clear the little bugs that may pop up and recheck analytics. The no or low-code platforms are simply tools that ease out laborious workload transformations and long multi-page codes for data engineers.
How Do No-Code Platforms Help Data-driven Enterprises?
No-code platforms aim to accelerate and automate data transformation and migration while making the entire process agile and flexible. Here are some pointers on how you can maximize the value of your data through no-code digital transformation.
- Gain real-time insights for business value.
- Reap real-time, on-demand predictions and insights that enable you to implement business growth strategies and operations more effectively.
- Delight customers with hyper-personalization.
- Provide highly personalized, consistent customer journeys to delight your customers and boost business growth and retention.
- Drive agility to innovate.
- Enable business adaptability and agility to support new business models. Innovate and seize new opportunities faster.
- Enable greater scalability.
- Empower your business with seamless scalability to handle and process huge volumes of every type of data.
DataSwitch’s no-code solutions with enhanced automation, cloud data expertise, unique and automated schema generation accelerate the time-to-market. DataSwitch provides fully automated data migration and transformation based on the redesigned schema and no-touch code conversion from legacy data scripts and tools to modern technologies. To know more about how DataSwitch can help you or your business, experience it with a live demo.
Book a demo, now!