This software company founded in Portugal was a pioneer in the low-code market, and still has "big ambitions" for its platform, said Forrester.
OutSystems is expanding that platform to facilitate development of new types of business applications, Forrester noted, including those incorporating sensor and real-time data, and artificial intelligence. It's also investing to support a wide range of business application use cases.
"OutSystems has a very mature and rich public cloud service, including an extensive sharing marketplace and developer community," Forrester added.
While the company is following a good strategy, Forrester wonders how OutSystems will maintain the ease of access to its technology, a trait that drove its success, in the face of seven-figure enterprise deals.
The report also noted that one of OutSystems' weaknesses is its partner ecosystem.