AI, or Artificial Intelligence, has been a heated topic because of its ability to execute tasks quickly and effectively. It’s one of today’s most incredible technological advancements in the retail industry and other sectors that many businesses make use of.
However, while a single AI platform has limitless possibilities, it can be expensive for companies that lack resources to deploy such powerful technologies and hire a skilled IT workforce.
Thus, one solution is emerging today to help propel AI adoption moving forward. It’s called no-code AI. And this blog will explore more about it—what it is and its benefits. We’ll also list down some no-code AI platforms that you can utilize.
Let’s get started!
What is No-Code AI?
No-code AI, also known as codeless AI, is a concept that refers to the ability to create AI and machine learning applications without needing to write code.
Its goal is to democratize AI and make it accessible to the masses. Knowing how complex coding is, hiring multiple data scientists to develop an AI system for you can be expensive. Thus, by using no-code platforms, you can skip the high costs and high coding expertise when building an AI application.
But how does no-code work?
No-code AI is typically accessible through a platform that can be quickly integrated into an organization’s technology stack and put to work. You can easily import data for model training, re-training, or improvement through the platform’s features like personalized dashboards and drag-and-drop user interfaces. It makes it simpler for people with basic coding knowledge to craft an AI application.
Benefits of No-Code AI
No-code AI offers numerous benefits for all business types. Here are a few of them:
Brings Business Intelligence and AI Together
No matter how data scientists are knowledgeable and experienced in their expertise, they may not know how your business really operates, unlike you, who runs it. Thus, by using no-code AI, even if you don’t have that high level of knowledge in programming as them, you can build yourself an AI system that you can use for your business.
Whether you’re in the marketing, finance, or other industry, you can instill machine learning (ML) capabilities into your CRM and other systems to develop new competitive opportunities with no-code AI. No-code AI bridges the gap between business people and AI technology.
Speeds up the Process
Writing code is already difficult enough, but perfecting it is way more challenging. It takes up a lot of time that one can spend on other things that would increase your ROI. If you’re not familiar with data science, it would be much slower.
However, by using a no-code AI platform, developers can quickly create powerful AI applications because they can skip time-consuming coding tasks. A study finds that it has the potential to cut your development time by 50%-90%.
Another advantage of no-code AI is that it helps lower your expenses. If you don’t know yet, hiring one data scientist may cost above $100,000 annually. Thus, when you use no-code AI, you’ll likely need fewer data scientists to build ML models. This is best for small to medium-sized businesses (SMBs) that want to utilize the power of AI but lack resources to do so.
With platforms and integrable modules, you can easily utilize no-code AI and get around issues that you might be experiencing in some tasks. And while it may not be a fully customizable software like ones that require coding, it can be modified to cater to your company’s needs.
Now that we’ve learned the key advantages of no-code AI, let’s look at some no-code AI platforms that you can use.
No-Code AI Platforms
Akkio is a no-code AI platform you can use for sales, marketing, and finance processes. It can help you build and deploy AI workflows quickly. Plus, it can integrate data from multiple sources like Hubspot and Salesforce to generate more accurate conclusions and predictions. Best of all, the platform is completely free.
SageMaker is a cloud-based ML platform that aims to help anybody benefit from Amazon’s substantial experience in developing and implementing ML models into consumer-facing use cases. With SageMaker Jumpstart, users have a choice of templates for the most well-liked ML apps that are likely to be useful to enterprises, making it simple to get started right away.
Lobe, developed by Microsoft, is a cloud-based machine learning (ML) service that helps people create their own custom AI models without the need for a background in coding or data science.
Unlike Microsoft’s Azure AI, an advanced framework, it’s super beginner-friendly. All they have to do is show the tool what the ML model must learn, and it will train it. It’s best suited for training algorithms that do image recognitions and classifications.
The Bottom Line
No-code AI platforms offer many advantages to businesses of all sizes. They require no coding knowledge, lower your company expenses, speed up the AI development process, and easily integrate into your systems.
And while the concept of no-code AI is still new, it is expanding swiftly as many organizations seek to advance digital and technology initiatives without the complexity that comes with traditional AI solutions. In the future, more people will be able to access the limitless possibilities of Artificial Intelligence.