OutSystems today signed a financial incentives contract with the Portuguese Government

Lisbon - April 11, 2018

OutSystems, the number one low-code platform for rapid application development, today signed a financial incentives contract with the Portuguese Government regarding an investment project to reinforce research, technological development and innovation entitled “RADicalize: Rapid Application Delivery for the Modern Enterprise”.

Project designation | RADicalize: Rapid Application Delivery for the Modern Enterprise Project code | LISBOA-01-0247-FEDER-017116 | POCI-01-0247-FEDER-017116
Main aim | OT1 - Reinforce research, technological development and innovation
Intervention region | NUTS II Lisboa | NUTS II Norte
Beneficiary entity | OutSystems - Software em Rede, S.A.

Approval date | 17-08-2017
Start date | 01-01-2016
End date | 31-12-2018
Total eligible cost | 9.736.788,96 EUR
European Union financial support | 4.029.934,45 EUR (FEDER)

Scope | To ease and speed up the digital transformation of enterprises by acquiring new scientific and technical knowledge that enables the creation of a visual development platform for state-of-the-art mobile applications.

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Designação do projeto | RADicalize: Rapid Application Delivery for the Modern Enterprise
Código do projeto | LISBOA-01-0247-FEDER-017116 | POCI-01-0247-FEDER-017116
Objetivo principal | OT1 - Reforçar a investigação, o desenvolvimento tecnológico e a inovação
Região de intervenção | NUTS II Lisboa | NUTS II Norte
Entidade beneficiária | OutSystems - Software em Rede, S.A.

Data de aprovação | 17-08-2017
Data de início | 01-01-2016
Data de conclusão | 31-12-2018
Custo total elegível | 9.736.788,96 EUR
Apoio financeiro da União Europeia | 4.029.934,45 EUR (FEDER)

Âmbito | Tornar cada vez mais fácil e rápida a transformação digital das empresas através da obtenção de novos conhecimentos científicos e técnicos que permitam disponibilizar um ambiente de desenvolvimento inteiramente visual de aplicações móveis empresariais de última geração. 

About OutSystems

Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organizations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire application portfolios that easily integrate with existing systems. Visit us at www.outsystems.com, or follow us on Twitter @OutSystems or LinkedIn.

Journalists and analysts can contact us directly at pr@outsystems.com or +1 404-994-2614