Is it a “LowCode, NoCode” model to develop new Waves?

Yes, the MyWave Innovation Hub enables you to generate new Waves and it also enables you to adapt and extend existing Waves that have been created by SAP and MyWave.  The processes are infinitely extensible which means you can link multiple data sources to an end-to-end Wave process that may include not only SAP but Salesforce or another non-SAP system.