13 Oct 2016 Mendix Celebrates Largest Quarter Ever with Surge of Adoption by Enterprises
Global organizations embrace Mendix to deliver web and mobile apps with unprecedented speed, collaboration and control
BOSTON, October 12, 2016 – Mendix, the fastest and easiest platform for Rapid Application Development, today announced record quarterly bookings in Q3 2016 driven by accelerating platform adoption within the enterprise. Mendix continued its pace of triple-digit bookings growth in North America, with 123 percent year-over-year growth. More than 3,400 organizations now use the Mendix platform to digitally transform their business operations.
“Facing increased competition from new entrants and incumbents, enterprises are looking to grow revenue, increase efficiency and differentiate with digital products. This is putting pressure on IT leaders to enable business and IT to deliver more applications, faster and at lower cost,” said Derek Roos, CEO. “Mendix is the only Low-Code Development Platform that brings IT and business together to deliver applications with unmatched time to value. Mendix helps IT become a business enabler, driving digital innovation with unprecedented speed, collaboration and control.”
Mendix celebrated its largest bookings quarter ever, with particularly strong traction in North America, where bookings grew 123 percent year over year.
Total number of organizations using Mendix increased 108 percent over Q3 2015 to more than 3,400. In particular, Mendix saw surging demand with large enterprises, with leading global brands like ADP, U.C. Berkeley and Vodafone Libertel B.V. adopting the platform to deliver a range of web and mobile apps. Examples include:
- A new digital product that’s enabling a specialty insurer to disrupt its market by selling direct to consumers at a fraction of the cost of competitive offerings
- A human capital management solution that’s being rolled out to 50,000 users across the globe
- A consumer-facing application for a global retailer to incorporate real-time feedback from thousands of customers into its product development process