• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on May 18, 2017

    Featured image for article about Top Stories

    Former executives from Slack and Splunk join the OutSystems team to support record growth

    OutSystems today announced the appointment of two high-profile software business leaders to its board of directors. Tom Schodorf, former SVP of Sales and Field Operations at Splunk, joins as a member of the board while Bill Macaitis, former CRO/CMO of Slack, joins as an advisor. This latest announcement, along with record growth and recent accolades, underscores the growing momentum at OutSystems.

    After achieving record growth in 2016, reaching $100 million in sales, OutSystems announced another record quarter in Q1 2017. The company grew its annual recurring revenue by 57 percent and added 62 new enterprise customers to a growing list of the world’s most innovative companies. These customers continue to evaluate OutSystems with the highest scores on customer review sites such as Gartner Peer Insights, Capterra, GetApp, G2Crowd, and TrustRadius.

    During the quarter, OutSystems cemented its leadership position in the low-code and high-productivity app development markets and has strong leader rankings in five Gartner and Forrester reports. OutSystems was named a leader in Gartner’s 2017 Magic Quadrant for Enterprise High-Productivity Application Platform as a Service. Analyst firm Forrester recognised OutSystems as a Leader in Mobile Low-Code Development Platforms.

    “OutSystems continues to lead the low-code software revolution with outstanding growth and highly engaged customers. I’m thrilled to have such great executives as part of our team,” said Paulo Rosado, CEO of OutSystems. “Both Tom and Bill have helped companies achieve hyper growth, and they share our belief that sustainable growth comes from putting the customer first and creating a fantastic product experience. I’m delighted to leverage their wisdom and experience as OutSystems continues our growth journey.”

    “OutSystems is clearly leading the low-code revolution and is on an impressive growth trajectory,” said Schodorf. “Paulo has a clear vision for the company and I’m excited to be a part of OutSystems as it continues to innovate and lead the low-code movement.”

    “OutSystems has a large, fast-growing fan base, which consistently ranks them highest in product and customer satisfaction,” noted Macaitis. “The analysts love them too, with Gartner and Forrester consistently ranking them as a top leader in their category. I’m delighted to be working with this world-class company and to play a role in fueling its market leadership.”

    Schodorf was previously SVP of Sales and Field Operations at Splunk, where in five years he grew bookings from $40 to $600+ million while adding nearly 800 field personnel. Splunk reached more than $8 billion in market value during his tenure while securing more than 75 percent of the Global 1000 and thousands of other enterprises, government agencies and service providers as customers.  Prior to that, he held numerous domestic and international sales and management roles at BMC and IBM.

    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.

    Other highlights include:

    • Forbes recognised OutSystems as one of the best cloud computing companies to work for.
    • CRN named OutSystems one of the 100 Coolest Cloud Computing Vendors of 2017.
    • OutSystems was featured in a CRN Exclusive: OutSystems Launches Channel Program Focused On Enabling Global Partners To Rapidly Deliver Custom Apps
    • OutSystems received its SOC 2 Type I attestation report from KirkpatrickPrice, demonstrating the necessary security controls and processes are in place.

    Former executives from Slack and Splunk join the OutSystems team to support record growth

    OutSystems today announced the appointment of two high-profile software business leaders to its board of directors. Tom Schodorf, former SVP of Sales and Field Operations at Splunk, joins as a member of the board while Bill Macaitis, former CRO/CMO of Slack, joins as an advisor. This latest announcement, along with record growth and recent accolades, underscores the growing momentum at OutSystems.

    After achieving record growth in 2016, reaching $100 million in sales, OutSystems announced another record quarter in Q1 2017. The company grew its annual recurring revenue by 57 percent and added 62 new enterprise customers to a growing list of the world’s most innovative companies. These customers continue to evaluate OutSystems with the highest scores on customer review sites such as Gartner Peer Insights, Capterra, GetApp, G2Crowd, and TrustRadius.

    During the quarter, OutSystems cemented its leadership position in the low-code and high-productivity app development markets and has strong leader rankings in five Gartner and Forrester reports. OutSystems was named a leader in Gartner’s 2017 Magic Quadrant for Enterprise High-Productivity Application Platform as a Service. Analyst firm Forrester recognised OutSystems as a Leader in Mobile Low-Code Development Platforms.

    “OutSystems continues to lead the low-code software revolution with outstanding growth and highly engaged customers. I’m thrilled to have such great executives as part of our team,” said Paulo Rosado, CEO of OutSystems. “Both Tom and Bill have helped companies achieve hyper growth, and they share our belief that sustainable growth comes from putting the customer first and creating a fantastic product experience. I’m delighted to leverage their wisdom and experience as OutSystems continues our growth journey.”

    “OutSystems is clearly leading the low-code revolution and is on an impressive growth trajectory,” said Schodorf. “Paulo has a clear vision for the company and I’m excited to be a part of OutSystems as it continues to innovate and lead the low-code movement.”

    “OutSystems has a large, fast-growing fan base, which consistently ranks them highest in product and customer satisfaction,” noted Macaitis. “The analysts love them too, with Gartner and Forrester consistently ranking them as a top leader in their category. I’m delighted to be working with this world-class company and to play a role in fueling its market leadership.”

    Schodorf was previously SVP of Sales and Field Operations at Splunk, where in five years he grew bookings from $40 to $600+ million while adding nearly 800 field personnel. Splunk reached more than $8 billion in market value during his tenure while securing more than 75 percent of the Global 1000 and thousands of other enterprises, government agencies and service providers as customers.  Prior to that, he held numerous domestic and international sales and management roles at BMC and IBM.

    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.

    Other highlights include:

    • Forbes recognised OutSystems as one of the best cloud computing companies to work for.
    • CRN named OutSystems one of the 100 Coolest Cloud Computing Vendors of 2017.
    • OutSystems was featured in a CRN Exclusive: OutSystems Launches Channel Program Focused On Enabling Global Partners To Rapidly Deliver Custom Apps
    • OutSystems received its SOC 2 Type I attestation report from KirkpatrickPrice, demonstrating the necessary security controls and processes are in place.

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe