OutSystems

OutSystems is a low-code platform which provides the tools for companies to develop, deploy and manage omnichannel enterprise applications.

OutSystems
Private
IndustryEnterprise Software
Platform as a Service
Digital Transformation
Founded2001
HeadquartersBoston, MA - USA
Key people
Paulo Rosado, CEO
Tim MacCarrick, CFO
Carlos Alves, Chief Customer Officer
ProductsOutSystems platform
Number of employees
1228 (2019)
Websitewww.outsystems.com

OutSystems was founded in 2001 in Lisbon, Portugal[1] and is currently headquartered in Boston, Massachusetts, in the United States[2], with offices in 11 countries.

In June 2018 OutSystems secured a $360M round of funding from KKR and Goldman Sachs and reached the status of Unicorn.[3][4]

OutSystems is a member of the Consortium of IT Software Quality (CISQ).

Products

OutSystems is a low-code platform for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.[5]

In 2014 OutSystems launched a free version of the platform that provides developers with personal cloud environments to create and deploy web and mobile applications without charge.[6] The current version is 11, for both the paid and unpaid versions.

In 2019 OutSystems was cited as a leader in the Forrester Wave: Low-Code Development Platforms For AD&D Professionals, Q1 2019[7][8] and in the Magic Quadrant for Enterprise Low-Code Application Platforms[9][10] by Gartner.

In July 2019 OutSystems was also named a Leader in the Gartner Magic Quadrant for Multiexperience Development Platforms [11][12]

The OutSystems platform has won multiple CODiE Awards by the Software and Information Industry Association for Best mobile Development Solution in 2016,[13] 2017,[14] 2018 [15] and 2019 .[16]

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References
  1. || Forbes: Is Outsystems Portugal's Latest Unicorn?
  2. || Crunchbase
  3. Mike Butcher (2018-06-05). "OutSystems raises $360M from KKR and Goldman Sachs". TechCrunch.
  4. Alex Bugge (2018-11-08). "Portugal's OutSystems eyes rapid expansion after securing funding: CEO". Reuters.
  5. || PCMag
  6. "Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering". OutSystems. 2014-05-28.
  7. "The Forrester Wave™: Low-Code Development Platforms For AD&D Professionals, Q1 2019". Forrester Research. 2019-03-13.
  8. "OutSystems Named a Leader in Latest Low-Code Platforms Industry Report". Business Insider. 2019-03-26.
  9. "Magic Quadrant for Enterprise Low-Code Application Platforms". Gartner. 2019-08-08.
  10. "Low-Code Is the Future - OutSystems Named a Leader in the 2019 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms". Business Wire. 2019-08-12.
  11. "Magic Quadrant for Multiexperience Development Platforms". Gartner. 2019-07-10.
  12. David Ramel (2019-07-16). "Low-Code Specialists Dominate 'Multiexperience Development Platform' Ranking". ADT Mag.
  13. "SIIA CODiE Awards Winners 2016". SIIA.
  14. "SIIA CODiE Awards Winners 2017". SIIA.
  15. "SIIA CODiE Awards Winners 2018". SIIA.
  16. "SIIA CODiE Awards Winners 2019". SIIA.
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