OutSystems , a Boston-headquartered low-code app development platform, sees “immense potential” in Southeast Asia as it taps into the opportunities for AI-powered low-code technology, its executive said. “Southeast Asia is a dynamic and rapidly growing market with immense potential, and Malaysia stands at the forefront of this digital revolution, especially with the country’s digital economy sector is expected to contribute 25.5 percent to Malaysia’s Gross Domestic Product (GDP) in 2025,” OutSystems Southeast Asia and Greater China Regional Vice-President Arnold Consengco told TNGlobal in an interview. “Malaysia, with its vibrant tech ecosystem and a strong drive towards digital transformation, is particularly ripe for AI-powered application generation solutions. We believe that by leveraging AI-powered low-code application generation, we can unlock new levels of innovation, and help Malaysian businesses of all sizes compete on a global scale,” he added. Founded in 2001, in Lisbon, Portugal, OutSystem sells low-code app development tools. Its network spans more than 750,000 community members, over 500 partners, and active customers in 80 countries across 21 industries. The company counts global investment firm KKR, Goldman Sachs Private Capital Investing, Armilar Venture Partners as backers. OutSystems was last publicly valued at $9.5 billion after raising a $150 million […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
