Companies are creating their own bespoke data solutions - but they don't need to.
As seen with the amazing growth of companies like WebFlow and Airtable, no-code solutions are making an impact on businesses. In fact, Forrester expects the no-code development platform market to grow to $21.2 billion by 2022.
But why are so many companies opting for no code? And is it the right choice for your company?
What is no code?
No-code tools allow users to perform tasks that are typically code-heavy without writing any code themselves. This can range from webpages to data reports to mobile apps.
Often, no-code development involves drag-and-drop elements within a highly visual interface. Its goal is to allow any team member – even a non-technical one – to create high-quality deliverables without the support of a developer.
Note: You may also see these tools called No-Code Development Platforms (NCDP).
Why companies need no-code solutions
First and foremost, every company has a finite number of employees. Of those employees, only a certain percentage are skilled coders. Typically, companies want to use these coders to advance their own products – not to build web pages or run data reports. That’s a reasonable ask.
No-code solutions make this a reality. Companies no longer need to assign developers or engineers to support other internal teams. The no-code solution takes care of the backend work so that every team is able to focus on high-value work that will advance the company’s goals.
Second, no-code development can consistently deliver high-quality results. Customers today have high expectations, and they’re quick to tell other people when they have negative experiences. Though custom builds can be impressive, they also require a lot of time for testing, troubleshooting, and debugging. However, because customer expectations are so high, companies can’t afford to cut back on any of these processes.
With no code, your company gets a tool that is already ready to use, and your team can save hours (if not days) of work.
Pros and cons of no-code development
As with anything, there are advantages and disadvantages to no-code development.
Speed: Just think, if you wanted to create a completely customized website, how long would it take? You’d have to calculate the number of hours spent building the base site, designing the UX, coding functionalities, testing, troubleshooting … the list goes on. With a no-code solution, 90% of that work is done right out of the box. If your website is relatively straightforward, it might even be more.
Cost: This goes hand-in-hand with speed. All of the time spent creating custom code has a cost attached to it. Though buying a no-code solution may not be inexpensive, it will cost less than developing custom code in house.
Resource allocation: As mentioned in the section above, your company only has so many employees. By choosing no-code solutions, you’ll be able to keep your development and engineering teams working on high-value tasks within their own departments. This can help tremendously when creating project plans and timelines; you’ll know exactly how many members of a team will be available to work on any given project.
Customization: No-code solutions come with built-in functionality, but there (typically) isn’t much room to add to what already exists on the backend. Instead, you’ll be customizing elements like which applications connect to each other and what visuals your end-users see. If your company is looking for a highly customized solution, no-code development probably isn’t the right choice for you.
How Toric brings no code to data
No-code solutions aren’t just for websites and business logic. They’re just as necessary for data analytics.
Now more than ever, people want to see visual representations of their data. However, to get those visuals, the data has to be accessible – and it often isn’t. It’s typically spread throughout a number of systems, many of which format the data in different ways.
Analysts have to go from system to system, extracting the information they need and running code to clean up the data just to get it to a point where they can analyze the information.
Of course, that’s a time-consuming process. And more often than not, by the time the analyst has finished putting all of the information together, the source data has changed. And the process starts over again.
This is where Toric comes in. Our solution is designed to connect all of your data – no matter where it lives. You can connect spreadsheets, software applications, and APIs so that all of your data shows in one place.
On top of that, Toric provides data visualization and analytics tools so that you can draw insights and build reports in the same place that all of your data lives. And you can do it all without writing a single line of code.
To learn more about Toric, visit our product page. You can also subscribe to our newsletter to stay up-to-date on the latest news, resources, and articles about data analytics and no code.