Retool Launches Revolutionary NLP-Based Platform for Enterprise App Generation
Retool, a software company, has launched a new platform that enables users to build tools using natural language, based on their production data, while maintaining existing enterprise security. This service aims to empower both professional developers and non-developers to create applications confidently and efficiently.
The platform, designed with guardrails like security policies and data governance, allows users to define building blocks for others to use. It offers a chat interface and application preview with manual control options. Notably, Retool is the first to introduce such an end-to-end service for enterprise application generation as of October 2023, although similar technologies exist from companies like Microsoft Power Apps and Google Cloud.
Retool's approach aims to bypass the testing and integration bottleneck by using a building blocks strategy. Users can now host their completed applications in their own cloud, managed by Retool. Any Retool app inherits the organization's single sign-on, role-based access control, audit trails, and compliance frameworks. This ensures a secure and controlled environment for application development and use.
The platform's launch comes at a time when there's growing demand for software development among non-engineers. A survey by Retool found that almost half of non-engineers believe they can now build software, and 66% of organizations have AI productivity mandates. Retool's end product is always code, allowing professional developers to step in if needed.
Retool's new platform simplifies enterprise application generation, making it accessible to both professional developers and non-developers. With robust security features and a user-friendly interface, it aims to streamline the software development process and meet the growing demand for AI-driven productivity tools.
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