Company Overview

About OutSystems

OutSystems Details

Founded

2001

Revenue

$263M

Funding

$572M

Team Size

2.1K

What SIA Thinks

OutSystems is a platform designed to help businesses develop applications quickly and efficiently. Imagine being able to create a custom app without spending months on development or having to hire a team of specialized developers. That’s what OutSystems aims to provide. It simplifies the process so anyone with a basic understanding of how applications should function can participate in building them.

This platform offers a visual development environment, which means you can see what you're creating as you build it. Instead of writing endless lines of code, you can drag and drop pre-built components to design your app. This intuitive approach allows you to focus more on what you want your app to do, rather than getting bogged down by technical details.

OutSystems also handles a lot of the behind-the-scenes work for you. Once your application is ready, the platform ensures it runs smoothly across different devices, whether it's a smartphone, tablet, or desktop computer. Updates and changes can be made quickly, which is particularly useful if your business needs to adapt or scale its operations.

Another advantage is its integration capabilities. OutSystems can easily connect with existing systems and databases, so you don’t have to start from scratch. Whether you're looking to modernize old software or create a brand-new solution, the platform makes it easier to bring everything together.

Security is also a key focus. OutSystems comes with built-in security measures so you can be confident that your applications are safe to use. They take care of the heavy lifting, ensuring that your data and processes are protected.

In short, OutSystems is a user-friendly tool for anyone looking to develop solid, reliable applications without the steep learning curves typically associated with software development. It’s designed to make application building accessible and manageable, even if you’re not a tech expert.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
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Pros and Cons

Pros

  • Cross-platform support
  • Scalable solutions
  • User-friendly interface
  • Extensive integration
  • Fast development

Cons

  • High initial cost
  • Learning curve
  • Complex for beginners
  • Limited customization
  • Vendor lock-in

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