OUTSYSTEMS ADDS TWO NEW EXPERIENCED ENTERPRISE SOFTWARE EXECUTIVES TO ITS BOARD OF DIRECTORS

Additions Come on the Heels of Record Q1, Following a Record Year in 2016

OutSystems today announced the appointment of Tom Schodorf, former SVP of Sales and Field Operations at Splunk, and Bill Macaitis, former CRO/CMO of Slack, to the company’s Board of Directors. Schodorf joins as a Member of the Board, and Macaitis as an Advisor.

“As OutSystems continues to lead the low-code software revolution, I’m thrilled to welcome two executives to the Board who have a wealth of enterprise software growth expertise,” said Paulo Rosado, CEO of OutSystems. “Both Tom and Bill have been instrumental in growing some of the marquee software companies of our time, and I’m delighted to have their wisdom and experience as we continue our growth journey.”

“As a leader in its category, OutSystems is on an aggressive growth path,” said Tom Schodorf. “Paulo’s vision for the company is inspiring, and I’m excited for the opportunity to be a part of OutSystems’ strategy as it continues to innovate and lead the low-code movement.”

“OutSystems has built a tremendous following through continuous, aggressive innovation in support of its mission to allow everyone to build enterprise-grade apps faster,” said Bill Macaitis. “I look forward to working with the team at this world-class company, and playing a role in its continued growth.”

Schodorf was previously SVP of Sales and Field Operations at Splunk, where more than half of the Fortune 100 and thousands of enterprises, universities, government agencies and service providers grew to use Splunk software. Prior to that, he held numerous sales roles at BMC and IBM, growing revenues from $20 to $600 million, and overseeing up to 500 people.

Macaitas has run marketing for three of the five fastest growing SaaS companies ever – Slack, Zendesk, and Salesforce. He has helped companies build high velocity frictionless engines that fuel growth, with innovative account based strategies that land seven-figure deals.

OutSystems delivered another record quarter in Q1 2017, adding 62 new customers to a growing list of some of the world’s largest enterprises, government agencies and educational institutions. In March, analyst firm Forrester recognized OutSystems as a Leader in Mobile Low-Code Development Platforms, and TrustRadius named the company a 2017 Top Rated Low-Code Platform. In February, OutSystems was recognized in Forbes as one of the best cloud computing companies to work for, and by CRN as one of the 100 Coolest Cloud Computing Vendors of 2017. During the quarter the company also opened an office in Japan, to support increasing demand for its low-code platform throughout the APAC region.