New report on the Low-code development platform market includes MATS Low-code as one of the 14 most significant solutions
MatsSoft has been named a Strong Performer by independent research firm Forrester. The Forrester Wave™: Low-Code Development Platforms, Q2 2016, published this month, hones in on the key vendors that ‘matter the most’ and “enable rapid delivery of business applications with a minimum of hand-coding and minimal upfront investment in setup, training, and deployment.”
“We’re very proud of our inclusion in this report, which Forrester says includes the 14 most significant providers of Low-code development platforms; but also to have been rated as a Strong Performer, based on an in-depth assessment of our current offering, strategy and market presence,” said Martin Scovell, MatsSoft CEO. “This puts us in a fantastic position to take advantage of rapid growth in the Low-code market and help even more customers innovate and improve processes at higher speed and lower risk.”
Forrester observes that MatsSoft’s MATS Low-code development platform targets teams that prioritize rapid experimentation; “Digital teams use the MATS Platform’s rapid design features to build and test new ideas and quickly move new ideas from testing into production.”
“The platform offers strong process modeling and automation capabilities,” the report continues. “The MATS Platform’s form and user interface design features help developers quickly build responsive user experiences that automatically resize across different web and mobile devices and resolutions.”
Commenting on the report Martin said, “Users of Low-code benefit from overcoming growing queues for limited IT resources. With Low-code, almost anyone can create viable software solutions with minimal training, helping accelerate innovation and process improvements.”
When Forrester published its previous report on the Low-code market in January 2016, Vendor Landscape: The Fractured, Fertile Terrain of Low-Code Application Platform, it identified 42 vendors with varying capabilities and strengths. This latest report whittles that list down to 14 which the analyst firm views as the most significant Low-code development platform providers.
In this same January 2016 vendor landscape report, Forrester projected the Low-code market will grow by from an estimated $1.7 billion in 2015 to over $15 billion in 2020. “The fast pace of expansion in this emerging market will likely see vendor positions change rapidly. As a significant vendor in this space, MatsSoft is poised to achieve major business growth over the coming years,” asserts Martin.