OutSystems

OutSystems

About OutSystems

Simplify's Rating
Why OutSystems is rated
B+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Consulting

Enterprise Software

AI & Machine Learning

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$556.7M

Headquarters

Boston, Massachusetts

Founded

2001

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for low-code platforms boosts OutSystems' market potential post-COVID-19.
  • Collaboration with AWS aligns with the rise of hybrid and multi-cloud strategies.
  • Growing interest in AI/ML integration enhances OutSystems' platform appeal.

What critics are saying

  • Increased competition from Mendix and Appian in the low-code market.
  • Potential integration challenges with AWS services may disrupt existing systems.
  • Cultural clashes from Ionic acquisition could delay product development.

What makes OutSystems unique

  • OutSystems is a leader in low-code application development, recognized by Gartner's Peer Insights.
  • The company has a strategic collaboration with AWS for enhanced cloud integrations.
  • OutSystems acquired Ionic to strengthen its mobile and desktop application development capabilities.

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Funding

Total Funding

$556.7M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
iLink Digital
Dec 12th, 2022
iLink Digital Acquires OutSystems Partners OSQuay and ITUp, adding low-code to its growing portfolio of Solutions

iLink Digital, a leading software solutions provider, announced the acquisition of OSQuay, a provider specializing in delivering high-performance low-code digital transformation services, and ITUp, a leader in technology training focused on low-code platforms.

Eco News
Nov 7th, 2022
OutSystems acquires Ionic

The Portuguese unicorn bought a platform for developing mobile and desktop applications using web technology.

MarTech Series
Apr 7th, 2022
Outsystems Recognized As A Three-Time Gartner® Peer Insights™ Customers’ Choice For Enterprise Low-Code Platforms

OutSystems, a global leader in low-code application development, announced it was recognized as the Customers’ Choice in the latest Gartner Peer Insights “‘Voice of the Customer’: Enterprise Low-Code Platforms” report, based on user reviews and feedback. OutSystems is the only low-code platform provider recognized both by users in the Gartner Peer Insights report three times [] The post OutSystems Recognized as a Three-Time Gartner® Peer Insights™ Customers’ Choice for Enterprise Low-Code Platforms appeared first on MarTech Series.

Sifted
Feb 17th, 2021
Portugal born low-code platform OutSystems hits $9.5bn valuation

The Lisbon-founded low-code software builder is now among Europe’s highest valued tech companies.

SalesTechStar
Dec 7th, 2020
OutSystems Announces Strategic Collaboration Agreement with AWS

OutSystems, a global leader in modern application development platforms, announced it has entered into a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This collaboration will enable OutSystems to deliver deeper integrations with AWS services in the OutSystems Cloud, allowing customers around the world to quickly put to work enhanced DevOps, data and analytics, artificial intelligence/machine learning (AI/ML), and other AWS services in the applications that make a difference to their business.

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OutSystems is Hiring for 35 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update OutSystems's jobs every few hours, so check again soon! Browse all jobs →