ASX-Dividend-Report-Banner

AI Tools See Record Uptake Among Developers with 30% YoY Growth, OutSystems reports

May 16, 2024 12:00 PM AEST | By Cision
 AI Tools See Record Uptake Among Developers with 30% YoY Growth, OutSystems reports
Image source: Kalkine Media
  • Over 40% of OutSystems developers use AI to guide them through the software development life cycle
  • In just one year, OutSystems AI Mentor System detected 10 million code issues, enabling them to avoid potential pitfalls and improve app quality

SINGAPORE, May 16, 2024 /PRNewswire/ -- OutSystems, a global leader in enterprise low-code application development, today reports on the rising trend for AI adoption in low-code, with a 30% year-over-year increase in active users of AI for development and lifecycle management.

The company's AI Mentor System – a set of machine learning-powered expert assistants that guide developers through the software development life cycle – is now used by over 40% of OutSystems developers on a monthly basis for AI-powered suggestions. The system also automates repetitive tasks, eliminates tedious work, and validates applications before they go into production to ensure they are built and maintained to the highest possible quality standards. In just one year, the OutSystems AI Mentor System automatically detected 10 million code issues and provided AI-powered suggestions to developers, enabling them to avoid potential pitfalls and improve app quality.

"The overwhelming adoption of AI among our community and clients underscores the significant positive impact it has on enhancing agility, productivity, and the overall development process, reinforcing the value of leveraging data-centric approaches in modern application development," said Paulo Rosado, co-founder and CEO at OutSystems. "OutSystems is committed to continuously improving its AI-powered platform to help development teams move faster, respond quickly, and reduce risk."

"In just 14 weeks, with a team of only two developers, Capability for Change leveraged OutSystems to launch a game-changing, generative AI-powered learning management system," said Melanie Franklin, founder, and CEO of Capability for Change. "This revolutionary solution not only transformed the user experience, but also garnered significant attention, bringing in five new high-profile clients within just one month of its launch."

OutSystems brings together the power of generative AI innovation and the efficiency of low-code development in a platform to accelerate digital transformation. The company recently launched AI Agent Builder, enabling organisations to integrate GenAI agents into their apps to achieve similar results, not only in customer service but also across various lines of business functions, garnering 100 installations in the first month of its launch. OutSystems also launched a new GenAI-powered customer support tool within the OutSystems Support Portal that taps into the power of the Large Language Models (LLM) to improve its customer experience, reduce operational costs, and drive continuous improvement through data-driven insights.

As part of the company's commitment to empowering developers, OutSystems is centering its third annual Hackathon, "Build for the Future," on AI innovation. In partnership with Microsoft and AWS, the Hackathon, taking place in September, will unlock the collective creativity of the developer community to tackle real-world challenges and drive social impact initiatives. Winners will be announced in October at ONE: OutSystems NextStep Experience Conference in Amsterdam.

OutSystems' innovations and momentum further position the company as a pioneer in the convergence of low-code application development and generative AI capabilities. To learn more, join an upcoming OutSystems expert-led webinar series designed to help IT leaders harness the power of generative AI (GenAI) across their organisation.

About OutSystems

OutSystems was founded in 2001 with the mission to give every organisation the power to innovate through software. The OutSystems enterprise low-code platform gives technology leaders and developers the tools to rapidly build and deploy their own business-critical applications. The company's network spans more than 700,000 community members, over 500 partners, and active customers in 79 countries across 21 industries. OutSystems is "The #1 Low-Code Platform®" and a recognized leader by analysts, IT executives, business leaders, and developers around the world. Some of the most well-known brands use OutSystems to turn their big ideas into software that moves their business, people, and the world forward. Learn more at www.outsystems.com.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.