01.23.2019 - OutSystems Achieves Record Revenue in 2018 with Successful Customers Fuelling Low-Code Market Leadership

LONDON — 23rd January 2019 — OutSystems, provider of the number one platform for low-code rapid application development, achieved record revenue in 2018 due largely to the value customers are gaining from the low-code platform. OutSystems posted a 66 percent increase in annual recurring revenue for 2018, which is its third consecutive increase of more than 50 percent, pushing annual recurring revenue over $100 million.OutSystems added hundreds of new customers and nearly 60,000 new developers... Source: RealWire - View Press Release