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do these no-code solutions have other advantagesNo.
I have some experience with low-code work flow -esque tools. BizTalk, Talend, SeeBeyond ICAN / Sun Java CAPS, a few others.
Categorically, they're an angry 800lb gorilla sitting between you and your work.
Their sweet spot is demos for PHBs. Their purpose is to create a lifelong dependence on the consultants proposing these tools.
All of the many legit criticisms (leaky abstractions, poor version control) boil down to this one simple truth:
At some point the tool won't suffice and you'll have to drop down to code.
Which is likely buried under layers of XML obfuscations. Now you have two problems. (h/t JWZ)
So what started as a very simple data processing problem {1}, requiring nothing more than some scripts, has now metastasized into: schema compilers; magical error handling; wrangling XML thru ancient textarea forms; fighting yet another framework/API {2}; debugging thru trace statements and grepping logs; some almighty backing database which no one can access; endless fruitless conversations with nominal DBAs about indices and workloads (and "has anyone done a backup?").
On the bright side, some days you can actually manage to fulfill a customer's use case.
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{1} Input - Munge - Output. Cut & paste strings, some light type coercion, modest value mapping.
{2} Another greenfield half-baked zero-validated notion of the world's greatest workflow engine ever, belched forward over one long kids-free weekend by an esteemed principle senior software solutions architect (they wrote a book!) who is now deep into their mid-life crisis and way past burnt out, with a code base now maintained by a fearless project manager (and aspirational future VP of product) snagged from some travel related startup, with the mandate to deliver some results, so then reluctantly brought in a team of agile mercs, just to appease the over eager execs, who are trying to fast bulk up to legitimize their efforts to secure another round of funding.