2022 Magic Quadrant™ for Enterprise Low-Code Application Platforms by Gartner® Recognizes Mendix as a Leader for Fourth Consecutive time – Yahoo Finance


Low-code is taking over the enterprise development landscape as organizations are under pressure to quickly modernize and innovate their application portfolio
Mendix placed furthest to the right for Completeness of Vision for the fourth time in a row
BOSTON, Jan. 17, 2023 /PRNewswire/ — Mendix, a Siemens business and global leader in modern enterprise application development, today announced that it has been positioned by Gartner as a Leader in the 2022 Magic Quadrant for Enterprise Low-Code Application Platforms (LCAPs). Mendix was also positioned furthest to the right for Completeness of Vision. This is the fourth time in a row that Mendix has placed as both a Leader and furthest in Completeness of Vision.
For Mendix, Gartner’s recognition is significant. The modern enterprise’s survival depends on its ability to adapt to ever-changing market conditions and always-evolving customer demands. To better meet these digital software demands, organizations seek to become more agile, and they are flocking to low-code application platforms to achieve this agility.
The 2022 Gartner View from the Board of Directors Survey shows that 40% of board of directors have moved digital-business-related budgets to the business unit to accelerate digitalization.” Gartner also forecasts that “By 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020.” (1)
“We began our low-code journey about three years ago with Mendix, and the ‘honeymoon phase’ is still going strong,” said Rob de Leeuw, global lead of business engineering at academic publishing company Springer Nature. “In serving 9,000 employees across 40 countries, our needs and use cases are expansive and our tech stack and the skills needed were exhaustive. The Mendix Platform was the obvious choice to meet these needs, and it has been an ideal fit to enable our software engineering team on complex application use cases, as well as making business stakeholders a significant part of the building process. The Mendix Marketplace and broader expert ecosystem have accelerated and elevated our solution building. These templates and solutions further simplified development and lessened the learning curve that comes with bringing in a new platform, and allowed us to build better, faster and smarter minimal viable product (MVP) solutions out of the gate.”
Mendix and other enterprise LCAPs reside at the center of innovation and modernization efforts as the most efficient and cost-effective way for enterprises to achieve business agility, digital resiliency, and their overall digital transformation goals. The adoption of LCAPs as enterprises’ preferred strategic development platform continues to rise. Low-code’s speed of delivery at scale was largely validated during the pandemic. It is evident that traditional development is no longer viable as the primary means of meeting demand in a digital-first world.
“With current modernization efforts already underway, digital demand in the enterprise will only continue to outstrip the ability to supply it,” said Tim Srock, Mendix CEO. “Traditional code will never again solely meet the needs of the enterprise. I believe Mendix continues to be recognized as a Leader because of our unique approach and ability to address the developer talent shortage. Our platform and broader ecosystem offer enterprises an agile and resilient pathway forward on their digital transformation journeys. We’re proud to have thousands of customers delivering on their digitalization goals.”
Mendix believes being a Leader in this year’s report reflects its unique platform offering’s ability to continuously address and solve the pain points throughout the software development lifecycle. Mendix’s enterprise-grade platform provides organizations the agility and tooling needed to satisfy the wide-ranging development use cases of the various domains and users within the enterprise. Mendix is also a proven partner in its customers’ digital transformation journeys, using its proven Digital Execution Practice to help organizations achieve their present digitalization goals and set a vision for their future, all powered by the Mendix low-code platform.
Fostering business and IT collaboration is in the DNA of the Mendix platform. Neither the business nor IT can support the accelerating pace of business change alone. The Mendix Platform is uniquely able to meet the needs of the modern enterprise struggling to support the increasing diversity and fluidity of the developer spectrum. Bringing together the full developer spectrum into a single platform, our unique out-of-the-box collaboration capabilities result in tighter cooperation and a reduction in project rework. The platform hosts out-of-the-box capabilities that enhance collaboration with tooling such as an intuitive drag-and-drop interface, AI- to assisted development, real-time communication and robust, patent-pending version control. The Mendix Platform is also at the forefront of enterprise application development by providing organizations the ability to sew together the data fabric of the enterprise between systems; automate and optimize processes; and gain tighter and easier management of cloud deployments and operations.
We believe Mendix supports its position as a Leader with its rapidly growing, verticalized ecosystem of expert partners including independent software vendors and global systems integrators and marketplace. The Mendix Marketplace, which is easily accessible and consumable from within the platform, provides an integrated and central location to leverage packaged capabilities, templated solutions, and tailored components, and it makes it easy to connect with the experienced Mendix partner community. The intersection of adaptive solutions, enabling organizations to compose and recompose their own solutions, and establishing a marketplace of value-add capabilities, is central to organizations accelerating development and increasing their agility. Ultimately, it allows enterprises to successfully achieve their modern, agile enterprise vision.
View the full 2022 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms.
(1)  Gartner Harness the Disruptive Powers of Low-Code: A Gartner Trend Insight Report, Jason Wong, Kyle Davis, 18 July 2022
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Learn more about the Mendix Platform and Pricing and Availability.

Connect with Mendix
Follow @Mendix on Twitter
Connect with Mendix on LinkedIn
About Mendix
In a digital-first world, customers want their every need anticipated, employees want better tools to do their jobs, and enterprises know that sweeping digital transformation is the key to survival and success. Mendix, the low-code engine of the Siemens Xcelerator platform, is quickly becoming the application development platform of choice to drive the enterprise digital landscape. Mendix’s industry-leading low-code platform, dedicated partner network, and extensive marketplace support advanced technology solutions that boost engagement, streamline operations, and relieve IT logjams. Built on the pillars of abstraction, automation, cloud, and collaboration, Mendix dramatically increases developer productivity and engages business technologists to create apps guided by their particular domain expertise. Mendix empowers enterprises to build apps faster than ever; catalyzes meaningful collaboration between IT and business experts; and maintains IT control of the entire application landscape. Consistently recognized as a leader and visionary by leading industry analysts, the platform is cloud-native, open, extensible, agile, and proven. From artificial intelligence and augmented reality to intelligent automation and native mobile, Mendix and Siemens Xcelerator are the backbone of digital-first enterprises. The Mendix low-code platform is used by more than 4,000 companies worldwide, over 200,000 applications have already been realized, and the active community comprises more than 300,000 developers.
Press Inquiries
Sara Black
[email protected]
(213) 618-1501
Dan Berkowitz
Senior Director Global Communications
Mendix
[email protected]
(415) 518-7870
View original content to download multimedia:https://www.prnewswire.com/news-releases/2022-magic-quadrant-for-enterprise-low-code-application-platforms-by-gartner-recognizes-mendix-as-a-leader-for-fourth-consecutive-time-301722948.html
SOURCE Mendix
After rumors surfaced that Microsoft (NASDAQ: MSFT) was interested in making a chip design acquisition, the software titan made it official. It is purchasing data center infrastructure start-up Fungible for an undisclosed amount, though the rumor has the final price tag somewhere in the ballpark of $190 million. Most investors are focused on Microsoft's pending takeover of video game developer Activision Blizzard for $69 billion, and its reported talks of making an additional $10 billion investment in ChatGPT parent company OpenAI.
Technology company Microsoft has plans to slash its headcount soon, according to a Tuesday report from Sky News. The cuts could reportedly impact 5% of workers.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge.
The company's sports and live entertainment division is being closed while the rest of the cuts are largely in administrative areas such as security and marketing.
(Bloomberg) — Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product — lightweight augmented-reality glasses — has been postponed due to technical challenges. Most Read from BloombergMicrosoft to Cut Engineering Jobs This Week as Layoffs Go DeeperChina’s Population Shrinks for First Time Since 1960s in Seismic ShiftLarry Fink Says ESG Narrative Has Become Ugly, PersonalInvestors Seek to Pull $20 Billion From Core Real Estat
Microsoft CEO Satya Nadella told attendees at this year's World Economic Forum in Davos that he believes in blockchain, web3 and metaverse innovations, but feels the sector needs a 'ChatGPT style break-out moment'.
Cybersecurity stocks have underperformed vs. the S&P 500. But cloud security companies may be better positioned as corporate budgets tighten.
Value of Apple’s professional computer has seemingly sunk in recent years
(Bloomberg) — Apple Inc. rolled out its first new products of 2023 on Tuesday, offering faster versions of its high-end MacBook Pro laptops and the Mac mini desktop.Most Read from BloombergMicrosoft to Cut Engineering Jobs This Week as Layoffs Go DeeperChina’s Population Shrinks for First Time Since 1960s in Seismic ShiftLarry Fink Says ESG Narrative Has Become Ugly, PersonalInvestors Seek to Pull $20 Billion From Core Real Estate FundsScholz Sees Germany Riding Out War in Ukraine Without Reces
Big tech earnings are set to begin in earnest later this week, and one analyst sees three big questions facing the sector.
The outlook for CSCO stock depends on trends for cloud computing, plus corporate and telecom networks amid the shift to remote work.
The iPhone maker's mixed-reality headset – which combines both augmented and virtual reality – is set to launch in this year's spring event, Bloomberg said, adding that the device will cost around $3,000. Apple's mixed-reality device would compete with the likes of Meta Platforms' Quest Pro virtual and mixed-reality headset, which it launched late last year for $1,500, half of the Apple device's reported price. Apple will aim to do so by using chips on par with those in the iPhone rather than components found in higher-end Mac computers.
ChatGPT is an artificial intelligence (AI) tool able to produce thousands of words of human-like content in seconds. Yahoo Finance UK looks at some of the ways users can best harness the potential of this new technology.
The enhancements enable a more power-efficient performance and battery life, with prices of new MacBook models ranging from $1,999 to $2,499.
The top news stories today: Leaked Galaxy S23 Ultra images reveal design details and lots of cameras, Twitter may have deliberately cut off third-party clients, England is banning the sale of some single-use plastics.
Autodesk (NASDAQ: ADSK) has dominated the computer-aided design market, but how long could this continue? Jamie Louko answers that question and explains why he's excited to own this top dog for the long haul.
T-Mobile holds an edge in 5G wireless spectrum but will its market share gains vs. rivals continue? What the analysis says about TMUS stock.
One of the more interesting places to look for investing ideas is the list of companies owned by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Its longtime CEO Warren Buffett is famous for his investing acumen, making Berkshire's portfolio a fascinating look into the mind of one of the world's greatest investors. Insurance companies and railroads are more commonly associated with Buffett than emerging technology.
Chinese-owned video-sharing app TikTok is reportedly offering U.S. officials oversight of its algorithms, a major concession as the company seeks to avert a ban.
The move was part of the 22nd auto-burn program.

source


Leave a Reply

Your email address will not be published.