Mendix Expands Application Platform as a Service (aPaaS) Market Share with 122% Growth
Increased enterprise adoption fuels another year of triple digit growth
BOSTON – January 23, 2013 – Mendix, the app platform company for the enterprise, today announced that revenue of the Mendix App Platform more than doubled in 2012 compared to the previous year. This concludes yet another year of triple digit growth, outpacing the already strong growth of the overall Application Platform as a Service (aPaaS) market by a wide margin.
“This tremendous success is a testament to the unique innovation opportunity, and value the Mendix App Platform provides to our customers, as well as its increasing adoption throughout the enterprise,” said Derek Roos, CEO of Mendix. “We are excited about our growth around the world and are particularly pleased to see North America become our strongest sales region right in the first year of moving our company headquarters to Boston.”
2012 marked the move of Mendix headquarters from the Netherlands to Boston, following significant market expansion in North America. The company added many new enterprise customers globally and across various industries including life science, insurance, financial services, telecommunications, transportation, and services as well as the public sector.
Furthermore, 2012 growth was fueled by several innovative product releases as well as a very active user community that led to expanded usage of the Mendix App Platform within a company. Mendix users are highly involved – half of all user forum questions were answered within 16 minutes and the average number of projects per company more than doubled 2012. Roos concludes: “Companies are recognizing the potential of the Mendix App Platform for innovation and ROI, and as a result are standardizing on Mendix for end-to-end app development and deployment”.
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Mendix, a Siemens business and the global leader in enterprise low-code, is fundamentally reinventing the way applications are built in the digital enterprise. With the Mendix platform, enterprises can ‘Make with More,’ by broadening an enterprise’s development capability to conquer the software development bottleneck; ‘Make it Smart,’ by making apps with rich native experiences that are intelligent, proactive, and contextual; and ‘Make at Scale,’ to modernize core systems and build large app portfolios to keep pace with business growth. The Mendix platform is built to promote intense collaboration between business and IT teams and dramatically accelerate application development cycles, while maintaining the highest standards of security, quality, and governance — in short, to help enterprises confidently leap into their digital futures. Mendix’s ‘Go Make It’ platform has been adopted by more than 4,000 leading companies around the world.