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{{Short description|Software company}}
{{more citations needed|date=November 2018}}
{{more citations needed|date=November 2018}}
{{Infobox company
{{Infobox company
| name = OutSystems
| name = OutSystems- Software em Rede, S.A.
| logo = OS-logo-color 500x108.png
| logo = OS-logo-color 500x108.png
| type = [[Private company|Private]]
| type = [[Private company|Private]]
| key_people = Paulo Rosado, [[CEO]] <br> Tim MacCarrick, [[CFO]] <br> Carlos Alves, [[Chief customer officer|Chief Customer Officer]]
| key_people = Paulo Rosado, [[CEO]] <br> Teresa Occhiolini, [[CFO]] <br> Carlos Alves, [[Chief operating officer|COO]] <br> Tiago Azevedo, [[Chief information officer|CIO]] <br> Christine Nurnberger, [[Chief marketing officer|CMO]] <br> June Duchesne, [[General Counsel]] <br> Mark Quigley, [[Chief People Officer]] <br> Andy Pemberton, [[Chief Customer Officer]]
| industry = [[Enterprise Software]] <br> [[Platform as a Service]] <br> [[Digital Transformation]]
| industry = [[Enterprise Software]] <br> [[Platform as a Service]] <br> [[Digital Transformation]]
| products = OutSystems platform
| products = OutSystems platform
| num_employees = 1228 (2019)
| num_employees =
| homepage = {{URL|http://www.outsystems.com/}}
| homepage = {{URL|http://www.outsystems.com/}}
| foundation = 2001
| foundation = 2001
| revenue = {{Increase}} $100 Million(2018)<ref>{{Cite web|url=https://www.outsystems.com/news/low-code-market-leadership-record/|title=OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership}}</ref>
| location = [[Boston|Boston, MA - USA]]
| location = [[Boston|Boston, MA - USA]]
}}
}}


'''OutSystems''' is a [[Low-code|low-code platform]] which provides the tools for companies to develop, deploy and manage omnichannel enterprise applications.
'''OutSystems''' is a [[low-code development platform]]<ref>{{Cite web |last=Peer Insights |first=Gartner |title=OutSystems - Gartner Peer Insights |url=https://www.gartner.com/market/enterprise-low-code-application-platform/vendor/outsystems/product/outsystems-platform |access-date=2023-03-13 |website=Gartner}}</ref> which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.


OutSystems was founded in 2001 in [[Lisbon]], [[Portugal]] and is currently headquartered in [[Atlanta]], [[Georgia (U.S. state)|Georgia]], in the [[United States]], with offices in 11 countries.
OutSystems was founded in 2001 in [[Lisbon]], [[Portugal]].<ref>[https://www.forbes.com/sites/forbesinternational/2018/07/13/is-outsystems-portugals-latest-unicorn/#6e41ac2c3633 || Forbes: Is Outsystems Portugal's Latest Unicorn?]</ref>


In June 2018 OutSystems secured a $360M round of funding from [[KKR]] and [[Goldman Sachs]] and reached the status of [[List of unicorn startup companies|Unicorn]].<ref>{{Cite news|url=https://techcrunch.com/2018/06/05/portugals-outsystems-raises-360m-from-kkr-and-goldman-sachs/|author=Mike Butcher|title=OutSystems raises $360M from KKR and Goldman Sachs|work=TechCrunch|date=2018-06-05|language=en-US}}</ref><ref>{{Cite news|url=https://www.reuters.com/article/us-portugal-websummit-outsystems/portugals-outsystems-eyes-rapid-expansion-after-securing-funding-ceo-idUSKCN1ND2ES|title=Portugal's OutSystems eyes rapid expansion after securing funding: CEO|date=2018-11-08|language=en-US|work=Reuters|author=Alex Bugge}}</ref>
In June 2018 OutSystems secured a $360M round of funding from [[Kohlberg Kravis Roberts|KKR]] and [[Goldman Sachs]] and reached the status of [[List of unicorn startup companies|Unicorn]].<ref>{{Cite news|url=https://techcrunch.com/2018/06/05/portugals-outsystems-raises-360m-from-kkr-and-goldman-sachs/|author=Mike Butcher|title=OutSystems raises $360M from KKR and Goldman Sachs|work=TechCrunch|date=2018-06-05|language=en-US}}</ref><ref>{{Cite news|url=https://www.reuters.com/article/us-portugal-websummit-outsystems/portugals-outsystems-eyes-rapid-expansion-after-securing-funding-ceo-idUSKCN1ND2ES|title=Portugal's OutSystems eyes rapid expansion after securing funding: CEO|date=2018-11-08|language=en-US|work=Reuters|author=Alex Bugge}}</ref>

In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital and [[Tiger Global Management]], having a total valuation of $9.5 Billion.<ref>{{Cite news|url=https://www.outsystems.com/news/modern-application-platform-investment/|author=OutSystems|title=OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation|date=2021-02-17|language=en-US}}</ref>


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


== Products ==
== Products ==
OutSystems is a [[Low-code|low-code platform]] for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.
OutSystems is a [[low-code development platform]] for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.<ref>[https://www.pcmag.com/reviews/outsystems || PCMag]</ref>


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.<ref>{{Cite news| url=https://www.outsystems.com/news/free-cloud-offering/|title=Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering|date=2014-05-28|work=OutSystems|language=en-US}}</ref> The current version is 11, for both the paid and unpaid versions.
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.<ref>{{Cite news| url=https://www.outsystems.com/news/free-cloud-offering/|title=Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering|date=2014-05-28|work=OutSystems|language=en-US}}</ref> The current version is 11.53, 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<ref>{{Cite web|url=https://www.forrester.com/report/The+Forrester+Wave+LowCode+Development+Platforms+For+ADD+Professionals+Q1+2019/-/E-RES144387#|title=The Forrester Wave™: Low-Code Development Platforms For AD&D Professionals, Q1 2019|work=Forrester Research|date=2019-03-13|language=en-US}}</ref><ref>{{Cite news|url=https://markets.businessinsider.com/news/stocks/outsystems-named-a-leader-in-latest-low-code-platforms-industry-report-1028057693|title=OutSystems Named a Leader in Latest Low-Code Platforms Industry Report|date=2019-03-26|work=Business Insider|language=en-US}}</ref> and in the Magic Quadrant for Enterprise Low-Code Application Platforms<ref>{{Cite web|url=https://www.gartner.com/en/documents/3956079/magic-quadrant-for-enterprise-low-code-application-platf|title=Magic Quadrant for Enterprise Low-Code Application Platforms|date=2019-08-08|work=Gartner|language=en-US}}</ref><ref>{{Cite news|url=https://www.businesswire.com/news/home/20190812005455/en/Low-Code-Future---OutSystems-Named-Leader-2019|title=Low-Code Is the Future - OutSystems Named a Leader in the 2019 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms
|date=2019-08-12|work=Business Wire|language=en-US}}</ref> by [[Gartner]].

In July 2019 OutSystems was also named a Leader in the Gartner Magic Quadrant for Multiexperience Development Platforms <ref>{{Cite web|url=https://www.gartner.com/en/documents/3947319/magic-quadrant-for-multiexperience-development-platforms|title=Magic Quadrant for Multiexperience Development Platforms|date=2019-07-10|work=Gartner|language=en-US}}</ref><ref>{{Cite news|url=https://adtmag.com/articles/2019/07/16/mxdp-research.aspx|title=Low-Code Specialists Dominate 'Multiexperience Development Platform' Ranking|work=ADT Mag|author=David Ramel|date=2019-07-16|language=en-US}}</ref>

The OutSystems platform has won multiple CODiE Awards by the [[Software and Information Industry Association]] for Best mobile Development Solution in 2016,<ref>{{Cite web|url=http://www.siia.net/codie/Our-History/Past-Winners/2016-Winners/Details/nID/407|title=SIIA CODiE Awards Winners 2016|work=SIIA|language=en-US}}</ref> 2017,<ref>{{Cite web|url=http://www.siia.net/codie/Our-History/Past-Winners/2017-Winners/Details/nID/28|title=SIIA CODiE Awards Winners 2017|work=SIIA|language=en-US}}</ref> 2018
<ref>{{Cite web|url=http://www.siia.net/codie/Our-History/Past-Winners/2018-Winners/Details/nID/306 | title=SIIA CODiE Awards Winners 2018|work=SIIA|language=en-US}}</ref> and 2019
.<ref>{{Cite web|url=http://www.siia.net/codie/Our-History/Past-Winners/2019-Winners/Details/nID/705|title=SIIA CODiE Awards Winners 2019|work=SIIA|language=en-US}}</ref>


==References==
==References==
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==External links==
==External links==
*{{Official website|http://www.outsystems.com/}}
*{{Official website|http://www.outsystems.com/}}

*[https://finance.yahoo.com/news/outsystems-ceo-speak-summit-2018-140000621.html OutSystems CEO Paulo Rosado speaks at Web Summit 2018]
{{GUI builders}}


[[Category:Cloud computing providers]]
[[Category:Cloud computing providers]]
[[Category:Cloud platforms]]
[[Category:Cloud platforms]]
[[Category:2001 establishments in Portugal]]
[[Category:Low Code Application Platform]]
[[Category:Kohlberg Kravis Roberts companies]]

Latest revision as of 13:55, 4 October 2024

OutSystems- Software em Rede, S.A.
Company typePrivate
IndustryEnterprise Software
Platform as a Service
Digital Transformation
Founded2001
HeadquartersBoston, MA - USA
Key people
Paulo Rosado, CEO
Teresa Occhiolini, CFO
Carlos Alves, COO
Tiago Azevedo, CIO
Christine Nurnberger, CMO
June Duchesne, General Counsel
Mark Quigley, Chief People Officer
Andy Pemberton, Chief Customer Officer
ProductsOutSystems platform
RevenueIncrease $100 Million(2018)[1]
Websitewww.outsystems.com

OutSystems is a low-code development platform[2] which provides tools for companies to develop, deploy and manage omnichannel enterprise applications.

OutSystems was founded in 2001 in Lisbon, Portugal.[3]

In June 2018 OutSystems secured a $360M round of funding from KKR and Goldman Sachs and reached the status of Unicorn.[4][5]

In February 2021 OutSystems raised another $150M investment from a round co-led by Abdiel Capital and Tiger Global Management, having a total valuation of $9.5 Billion.[6]

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

Products

[edit]

OutSystems is a low-code development platform for the development of mobile and web enterprise applications, which run in the cloud, on-premises or in hybrid environments.[7]

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.[8] The current version is 11.53, for both the paid and unpaid versions.

References

[edit]
  1. ^ "OutSystems Achieves Record Revenue in 2018 with Successful Customers Fueling Low-Code Market Leadership".
  2. ^ Peer Insights, Gartner. "OutSystems - Gartner Peer Insights". Gartner. Retrieved 2023-03-13.
  3. ^ || Forbes: Is Outsystems Portugal's Latest Unicorn?
  4. ^ Mike Butcher (2018-06-05). "OutSystems raises $360M from KKR and Goldman Sachs". TechCrunch.
  5. ^ Alex Bugge (2018-11-08). "Portugal's OutSystems eyes rapid expansion after securing funding: CEO". Reuters.
  6. ^ OutSystems (2021-02-17). "OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation".
  7. ^ || PCMag
  8. ^ "Thousands of Developers Worldwide Empowered by OutSystems Free Cloud Offering". OutSystems. 2014-05-28.
[edit]
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