Natifi.ai: Democratizing technology by strengthening the code-free revolution
Developing software is a challenge
Anyone who has been in a software development lifecycle knows that software development is a challenge; it is definitely not a walk in the park. Software development for most businesses is a long and expensive process that often takes more than a year to come to fruition (according to Gartner and PMI, 200% of IT projects go over budget and 41% of IT projects are delayed respectively) . More so, you need technical knowledge and resources to successfully build, develop, deploy, and manage a large software company. All of this reduces the likelihood that the software will impact a company’s bottom line, if at all.
But that being said, technology is the future. Today, with our recent experiences with Covid, digitization is the only way forward. Companies and organizations that have successfully implemented technological solutions to automate their processes are ahead of their competitors in terms of efficiency; for example, Asian Paints, which emphasizes technology. Needless to say, the approach brought them great pidends. So what to do? How to make technology accessible to everyone? How to overcome its drawbacks and challenges? One of these durable solutions is the No-Code.
What is the No-Code?
No-Code is an approach to software development through which citizen developers / anyone non-technical can imagine, prototype, design, build, deploy and manage complex end-to-end software without learning to code. Complex enterprise software requires dozens of technical team members to imagine, develop and operate, directly from Business Systems Analysts (BSA), Ui / Ux designers, DevOps engineers, software architects, developers, QA engineers, etc. Relatively, a no-code platform allows users to build software for their businesses on their own. Thus, by removing all dependencies on extended technical teams. Not only that, but the codeless platforms also save businesses a lot of time and money. Software that took over a year to build can now be done in less than a week. There are also big cost savings. Codeless platforms have reduced the cost of development to a fraction of what it used to be. According to the market forecast, the uncoded market opportunity is expected to be $ 187 billion in 2030 with a CAGR of 31% compared to $ 10 billion in 2019-2020.
So what’s the catch? Why isn’t everyone using software without code? Well, to understand this, it will be necessary to delve deeper into the history of this software. No-code / low-code is nothing new! In fact, it is part of the ecosystem of the dot com era. Most of the large no-code platforms were implemented 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, faster wireframes, and computing power in general, no-code is getting huge. It has already started to dramatically cannibalize software development work in the market.
Natifi.ai is one of those emerging startups that is redefining the software development process. Rather than creating a generic tool that can be used across all sectors, Natifi focuses on a few niche sectors such as grant management and supply chain management. It can provide deep and complex solutions that can be leveraged at the enterprise level. Not only does their platform allow the creation of complex systems with a completely code-free experience, but their Ai models train themselves on incoming data and forecasting and forecasting. By using Ai, businesses can shorten long manual processes that often take months and highlight the correct data to move forward and make a decision, saving thousands of man hours.
The era of automation is upon us and making technology accessible is the way to go. Natifi.ai Founder Aditya Ranjan Sinha Roy said, “The democratization of technology is the only way forward and one of the most critical areas that the tech industry can focus on is automation through artificial intelligence and code-less, among other advanced technologies. “
Democratizing Technology: The Way Forward
In conclusion, with digitization looming and a massive shortage of digital talent, the only way to automate and sustain our technology and our businesses is to reinvent the way solutions are built. Gone are the days of spending millions of dollars on technologies that may or may not work, that may or may not improve the efficiency / profitability of the home. The way forward is to democratize, make accessible, accelerate, reduce costs and scale; the way forward is revolution without a code.