OutSystems

USA and Linda-a-Velha, PortugalFounded 2001

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To empower every company to innovate through the power of software. OutSystems aims to fundamentally transform how enterprise software is developed by making software changes cheap, fast, and robust at any point in the lifecycle through AI-powered low-code development.

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Founding Story

OutSystems was founded in 2001 in a garage in Portugal by seasoned IT professionals Paulo Rosado and Rui Pereira. They recognized that a large majority of software projects were failing to meet deadlines or overrunning budgets due to the traditional waterfall approach to development, which made changes increasingly costly in later stages. Their vision was to achieve a complete reversal of software delivery—making software changes cheap, fast, and robust at any point in the lifecycle, independent of application size. They analyzed the anatomy of software change to build a platform that would overcome the limitations of existing development methodologies.

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Leadership

Founders

Paulo Rosado

Computer Engineering degree from Universidade Nova, Lisbon; Master's in Computer Science from Stanford University; worked at Oracle Corp in R&D and product management in Silicon Valley; co-founded Intervento (sold in 1999); served as executive at Altitude Software before founding OutSystems in 2001

Rui Pereira

Co-founder of OutSystems; spent over 23 years building the business from the ground up; served as VP of Global Channels and Alliances and VP of Partners and Alliances; worked with large organizations in manufacturing, telecom, and financial industries; specializes in digital transformation initiatives

Executive Team

Woodson Martin

Chief Executive Officer

Appointed CEO in May 2025; former Salesforce veteran with extensive experience in enterprise software; joined OutSystems to scale next era of innovation and expansion

Paulo Rosado

Founder and Chairman of the Board

Founded OutSystems in 2001; served as CEO for over 23 years; Stanford MS in Computer Science; former Oracle R&D and product management; transitioned to Chairman role in May 2025

Business Model

Revenue Model

Subscription-based SaaS model with pricing based on: (1) Application scale and complexity measured by Application Objects (AOs) - sum of screens, database tables, and API methods; (2) User volume - internal (employee) and external users tracked separately; (3) Additional capabilities including extra runtime environments, premium support (24x7), higher uptime SLAs (99.5% to 99.95%), advanced security/compliance (SOC2, PCI DSS), and mobile app shielding. IDE and CI/CD tools included at no extra cost.

Pricing Tiers

OutSystems Personal Edition

Free (no credit card required)

8x5 professional support, development runtime only, OutSystems Cloud hosting, up to 100 internal users, no uptime guarantee, no compliance options, test applications only (not for production use)

OutSystems Developer Cloud (ODC)

Starts at $36,300 USD per year

8x5 professional support (upgradeable to 24x7), development, non-production, and production runtimes, OutSystems Cloud hosting (self-hosting available), 99.5% uptime guarantee (upgradeable to 99.95%), ISO 27001 compliance (SOC2 Type II and PCI DSS available), 100 internal users (scalable), 1 medium-sized production application (scalable to multiple or complex applications)

Private company; no public IPO plans announced as of January 2026