As low code picks pace among enterprises, Boston headquartered OutSystems is looking at growth opportunities in India.
With the appointment of Subrato Bandhu as the regional vice president for India in September 2020, the low-code platform provider for enterprises wants to target the strong app developer base in India and the growing Global Captive Centre (GCC) market.
“In India, the low-code ecosystem is still maturing,” Bandhu told TechCircle in an interview. He added that the company wanted to tap into the large base of app developers in the country, which will account for 60% of the global numbers by 2024.
Backed by Goldman Sachs and KKR, the company works with Global Systems Integrator (GSI) partners like Infosys, Tech Mahindra and NTT Data in India. OutSystems has customers across BFSI, manufacturing, telecom and government departments for their digital transformation journey.
“For India, GSIs and Global Captive Centres (GCC) form important parts of our go-to-market strategy. In the case of GCCs, nearly 45% of the captives of G2000 companies are present in India, which drives significant digital transformation for their parent companies. GSI and GCCs are also important to capture home brands,” said Bandhu.
Globally, OutSystems has close to 1,200 employees and works across 22 sectors. The company has been reaching out to drive education about low-code through industry bodies like NASSCOM.