OutSystems Named a Leader in Latest Low-Code Platforms Industry Report

Information Technology Press Releases Tuesday March 26, 2019 14:06
SINGAPORE--26 Mar--PRNewswire/InfoQuest

OutSystems, the number one low-code platform for application development, was named a Leader in The Forrester Wave(TM): Low-Code Development Platforms For AD&D Pros, Q1 2019 and ranked highest in the current offering category. This marks the ninth recognition as a Leader for OutSystems from independent industry analyst firms and the fourth in less than a year.

The latest research from Forrester highlights the growing future for low-code development, stating that "digital businesses' demand for even more software ever more quickly is the big driver of adoption." The report also cited that in a recent developer survey 23 percent are already using low-code platforms and another 22 percent planned to do so within a year.

This Forrester report, which evaluated the 13 most significant low-code software providers on 28 criteria, concluded: "Two characteristics stand out for OutSystems as a low-code vendor: its relentless addition of features for AD&D pros and its consistent delivery on road-map and strategy objectives. The vendor has delivered on its past goals, including native mobile apps, scale, and reliability to tackle core transactional business apps, and global presence. OutSystems keeps pushing the boundaries of low-code platforms -- into apps that process device readings and other streaming data, into AI, and into core business record-keeping systems."

"In this report, we believe that Forrester highlights two major themes we continue to hear from our customers," said Paulo Rosado, OutSystems CEO. "First, customers want a feature-rich, low-code platform that can support a tremendously wide range of enterprise use cases. Second, they want a business partner that will accelerate their time-to-value. At OutSystems, we've architected our entire customer experience to help companies successfully adopt low-code application development and deliver real value to their businesses incredibly fast."

One recent testament of OutSystems ability to provide solutions that address enterprises' needs is Australian wealth management firm IOOF, which was able to develop a portal for trust payment processing and approval. The system has not only reduced the risk of re-keying error, but has also significantly cut down the original 10-step process by five steps. Aside from the trust payment portal, IOOF has likewise developed a production system for native title expense tracking - replacing 5,000 spreadsheets with a single database.

"Never has it been more pressing for organisations across Asia Pacific to deliver value for customers at the speed of demand. We believe our recent recognition from Forrester is a testament of our commitment to be the partner of choice as we work on bolstering enterprises' agility, speed, responsiveness, and scalability to drive accelerated application delivery and time-to-value through our low-code development platform," said Mark Weaser, Regional Vice-President, APAC, OutSystems.

Often recognised for its exceptional customer service, the OutSystems customer-first culture has led to multiple honours, including G2 Crowd's 2019 Best Software Companies List, Top Rated Low-Code Platform on TrustRadius, and Gartner Peer Insights Customers' Choice 2018 designations.

About OutSystems

Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organisations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire application portfolios that easily integrate with existing systems. Visit us at www.outsystems.com, or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems. Explore careers at OutSystems.

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