OutSystems, aRapid Application Development and Delivery (RAD) platform for the enterprise, has been recognized as a Visionary in the Gartner March 2016 Magic Quadrant for Enterprise Application Platform as a Service, Worldwide.
“We believe that being recognized as a Visionary, positioned as the highest for ability to execute, validates the value OutSystems platform delivers to our customers. We feel it also highlights our ability to drive the market forward delivering a true enterprise-grade solution that gives our customers new opportunities to excel,” says Paulo Rosado, CEO of OutSystems. “With a shortage of skilled developers combined with the high demand for mobile applications, achieving digital transformation requires IT to fundamentally transform the way applications are built and delivered.”
Companies are being driven to accelerate the creation of enterprise mobile and web apps for customers, partners and employees. Application platform as a service (aPaaS) unlocks innovation and expands development ability across business teams, helping reduce IT backlog. OutSystems’ platform is a full-stack platform for creating, deploying, changing and managing custom enterprise mobile and web applications, whether in the cloud or on-premises.
Craig Terblanche, regional director of OutSystems SA, emphasises that the accolade for the ability to execute rapid application development and delivery is well justified, stating that “ourĀ  differentiator is being the only non-proprietary, open-standard platform that supports a range of technologies, and runs native, web and mobile apps, resulting in industry-leading speed to market”.
Founded in 2001, OutSystems has grown to become a global leader with over 600 enterprise customers and over 130 partners across 33 countries and 22 industries. It recently announced the completion of a $55-million funding round with North Bridge Growth Equity, a leading growth equity firm that invests in high-growth technology companies. The company grew subscription revenues by more than 60% in 2015.