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Study shows that OutSystems delivered up to 66% in efficiency gains and paid back its investment in less than six months SINGAPORE, June 9, 2022 /PRNewswire/ OutSystems, a global leader in high-performance low-code development, today announced the results of the new Total Economic Impact of OutSystems, a commissioned study from Forrester Consulting on behalf of OutSystems. The study reports that the OutSystems high-performance low-code platform paid for itself in less than six months and delivered a 506-percent return on investment over three years. These findings come on the heels of the Forrester Wave: Low-Code Development Platforms for Professional Developers, Q2 2021 report recognizing OutSystems as a leader in low-code development platforms and the "developers' choice" platform. "Companies of all sizes need to deliver business critical apps with tight developer resources and are increasingly turning to low-code application development methods to meet their goa ....

Paulo Rosado , Code Development Platforms For Professional Developers , Economic Impact , Forrester Consulting , Low Code Development Platforms , Professional Developers , Total Economic Impact , While Outsystems , Study Shows That Outsystems Delivered Up To 66 In Efficiency Gains And Paid Back Its Investment Less Than Six Months Singapore , June 9 , 022 Prnewswire Outsystems , A Global Leader In High Performance Low Code Development , Oday Announced The Results Of New Total Economic Impact Outsystems , A Commissioned Study From Forrester Consulting On Behalf Of Outsystems The Reports That High Performance Low Code Platform Paid For Itself In Less Than Six Months And Delivereda 506 Percent Return Investment Over Three Years These Findings Come Heels Wave Development Platforms Professional Developers , 2 2021 Report Recognizing Outsystems Asa Leader In Low Code Development Platforms And The Quot Developers 39 Choice Platform Companies Of All Sizes Need To Deliver Business Critical Apps With Tight Developer Resources Are Increasingly Turning Application Methods Meet Their Goals But Not Is Created Equally , Uot Said Paulo Rosado , Eo Of Outsystems Quot It 39s Time For Organizations To Finally Experience The Radical Productivity , Ower And Speed Required To Crush Their Backlog Deliver The Software They Need Succeed This New Research Uncovers Power Of Outsystems High Performance Low Code Development Quot Total Economic Impact Examined Benefits Achieved By Four Enterprise Organizations That Previously Relied On Traditional Frameworks For Before Deploying While Serves Companies All Sizes Industries , He Study Calculated The Financial Benefits Based Ona Composite Organization , Hich Represents The Value Achieved By Organizations Forrester Interviewed Overall , He Study Found Significant Quantifiable Cost Savings When Comparing The Time And Expense Of Creating Maintaining Internal Custom Software Development Versus Deploying Outsystems Platform Analysis Revealeda Net Present Value For 14 77 Million Over Three Years By Calculating 39s Financial Benefits Costs This Included 5 In Application As Well Continuous Changes Maintenance 31 Total 4 6 Incremental Income From Revenue Generating Business Initiatives 26 7 Improved Operational Efficiency 38 Showed That Developer Productivity Enabling Teams To Deliver More Applications With Same Number Developers Ina Shorter Frame Customer Findings Also Revealed Simplifies Ongoing Those , Hich Can Makea Major Impact On The Bottom Linea Director Of Software Engineering And Technology Initiatives Ata Pharmaceutical Company Noted That Outsystems Projects Were 25 To 50 Less Expensive Than Comparable Prior , Hilea Director Of Custom Development Projects Ata Manufacturer Reporteda 2x Time Savings In The First Year Companies Also Noted That Quantifiable Benefits Are Achieved Through Greater Corporate Agility , Improved Security , Nd Fewer Bugs From Higher Quality Code Quot Asa Result Of An Acquisition , E Needed To Makea Change One Of Our Apps We Did That In Less Than Eight Hours Prior Outsystems Probably Would Have Taken 40 50 Quot Director Software Engineering And Technology Initiatives ,