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Mendix Positioned as a Leader in the New Gartner Magic Quadrant for Enterprise Low-Code Application Platforms

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Mendix, a Siemens business and the global leader in low-code and no-code application development for the enterprise, today announced that the company has been named a Leader in the Gartner Magic Quadrant for Enterprise Low-Code Application Platforms (Paul VincentKimihiko IijimaMark DriverJason WongYefim Natis8 August 2019). In addition, Mendix was positioned furthest for completeness of vision in the entire Magic Quadrant.

This year, Gartner’s Magic Quadrant for High Productivity Application Platform as a Service was renamed Magic Quadrant for Enterprise Low-Code Application Platforms. As noted in the report, “By 2024, low-code application development will be responsible for more than 65% of application development activity. The enterprise LCAP market is growing strongly, due to continued demand for applications and a shortage of skilled developers. Low-code development is a natural evolution of rising abstraction levels in application development, which will eventually lead to viable cross-enterprise, highly scalable citizen development and composition of applications.”

Gartner’s 2019 recognition follows previous assessments that named Mendix as a Leader for the two previous years, each time positioned furthest for completeness of vision in this Magic Quadrant. This report follows closely on the heels of the Gartner Magic Quadrant for Multiexperience Development Platforms (MXDPs) in which Mendix was also recognized as a Leader and evaluated for completeness of vision and ability to execute.

A recent Mendix customer review on Gartner Peer Insights states, “Excellent framework for app development. Modern, easy to learn and usable by anyone (developers, graphic designers, analysts). The possibility of being able to create app visually (for example, by dragging and dropping elements) is one of its most successful aspects.”

“Delivering on rising demand for rapid software development takes more than just great tooling and technology,” said Johan den Haan, chief technology officer for Mendix. “Platforms need to deliver comprehensive capabilities with an experience that is intuitive, efficient, and tailored to users’ needs. And having the right architecture — one that is well-equipped for multi-cloud and hybrid computing, and fully supports on-premises, virtual private multi-cloud, and multi-tenant public cloud deployment options — is essential.”

By combining full-stack visual development capabilities, a cloud-native architecture, AI-assisted development, and an integrated set of tools for the complete application lifecycle, Mendix is uniquely suited to enable rapid, high-quality low-code and no-code application development for the enterprise in several ways:

  • Empower Business and Professional Developers: Mendix Studio and Mendix Studio Pro align citizen developers and IT professionals around a single unified low-code development platform.
  • Support Across All Clouds: Enterprises that require flexible, multi-cloud solutions for different line-of-business requirements, existing contractual reasons, compliance requirements, or specific integrations now have robust new options for low-code application delivery across public, private and hybrid cloud environments.
  • True Native Mobile Development: Mendix continues to push the boundaries of what low-code technology can deliver and is now the only low-code application development platform that can deliver true native mobile applications. By integrating low-code abstraction of iOS, Android, Java, and Objective-C programming into Mendix Studio Pro, Mendix empowers all developers to deliver consumer-grade UX on mobile apps containing the native, device-specific gestures, animations, and micro-interactions that users now expect.
  • Artificial Intelligence, At Your Service: The second-generation of Mendix Assist, a ground-breaking AI tool that helps build low-code apps, shortens the learning curve for new developers who need next-step guidance as they create their apps. It also enables experienced developers to accelerate repetitive tasks, avoid errors, and improve software quality.

“We believe Gartner positioned Mendix furthest for completeness of vision in this report for a number of reasons including our unified IDE approach, which further improves and enables the collaboration of IT and business, making Mendix one of the first enterprise LCAPs to offer a multi-persona developer experience in a single integrated platform,” said Derek Roos, Mendix CEO. “Our platform is designed with the ability to support both business developers in Mendix Studio and professional IT developers in Mendix Studio Pro, which supports advanced forms of business-IT collaboration. Our AI-assisted development further promotes productivity and consistency of outcomes. We believe we’ve worked hard to earn our position as a Leader in this important category and are thrilled to be recognized once again as having the leading market vision among all low code vendors.”

 

SOURCE Mendix

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Chainalysis Launches First Actionable Real-Time Alerts for Suspicious Transactions Across 15 Cryptocurrencies

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Chainalysis, the blockchain analysis company, today announced the launch of suspicious cryptocurrency transaction alerts in Chainalysis Know Your Transaction (KYT), the real-time anti-money laundering (AML) compliance solution for monitoring cryptocurrency transactions. It is the first compliance alerts solution available across 15 cryptocurrencies.

Chainalysis KYT alerts are designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk by helping compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources.

“As lawmakers and regulators focus their attention on the industry, it is more critical than ever that cryptocurrency businesses demonstrate compliance best practices,” said John Dempsey, VP Product, Chainalysis. “Every minute counts when managing exposure to sanctioned entities, hacked funds, darknet markets, and other illicit activities, which is why Chainalysis is investing in fast, actionable alerts to help our customers mitigate risk across cryptocurrencies.”

Chainalysis KYT has always provided real-time transaction monitoring for large volumes of cryptocurrency activity to identify high risk behavior, and now alerts are generated whenever a transfer involves a risky counterparty and crosses a value threshold. Alert levels include Severe, High, Medium, and Low, and are based on factors such as category, service, direct versus indirect exposure, direction of funds, and amount. Alerts are available for all 15 cryptocurrencies supported by Chainalysis, including Bitcoin, Ether, Bitcoin Cash, Litecoin, and top stablecoins and ERC-20 tokens such as Tether, Maker, and Dai, with additional cryptocurrencies coming soon.

With alerts functionality built directly into the user interface and API, cryptocurrency businesses and financial institutions can keep track of, investigate, or take action on risky transfers. Additionally, customers can customize risk parameters based on their own business policies to help allocate resources accordingly.

“As a New York Trust company we are required to monitor transactions on and off our platform,” said Michael Breu, Gemini’s Chief Compliance Officer.  “Tools like KYT alerts, which provide real time and ongoing blockchain analysis, coupled with Gemini’s own compliance policies, help us meet our regulatory obligations.”

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For the First Time, Huobi Token Is Now Usable as an eCommerce Payment Method

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Huobi is pleased to announce that Huobi Token (HT) can now be used to purchase art, apparel, hardware, event tickets and more from the eCommerce and crypto news platform FomoHunt. This marks the first time HT can be used for eCommerce by the general public.

While HT can be used for all merchandise on the site, offerings at FomoHunt also now include exclusive Huobi-branded merchandise.

“Our partnership with FomoHunt allows us to do two big things at once,” said Helena He, Head of Global Operations. “First, it’s a big step in expanding HT’s usefulness outside our direct ecosystem and making it more accessible to the general public. Second, it gives members of our community direct access to Huobi-branded merchandise, which is something many have repeatedly been asking for.”

FomoHunt co-founder, James Lawrence, expressed optimism about the new partnership.

“Being able to work directly with Huobi is an amazing opportunity. We are working together to allow our community users to use Huobi Token and make real-world purchases for clothes, art, FomoHunt subscriptions, event tickets, and even mining hardware. FomoHunt looks forward to future collaborations with Huobi.”

Huobi has made developing HT a priority over the past eight months. For example, Huobi Prime and Huobi FastTrack, Huobi’s innovative premium coin launch platform and its new coin listing program, which respectively launched in March and June this year, both use HT as their main token of exchange. In July, Huobi implemented a series of tiered trading fee discounts for users based on HT holdings.

Founded in 2018 as an alternative to the disparate information found across the internet, FomoHunt is a discovery portal into the world of blockchain projects, founders, events, products, and news. FomoHunt aims to provide an easy and streamlined portal for blockchain newcomers and experienced veterans with unrivalled project information and up to date information.

To learn more about Fomohunt, go to: https://www.fomohunt.com/marketplace/

To learn more, contact media@huobi.com

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Fiat Withdrawals Available With TUSD and PAX

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Stablecoin partners facilitate fund transfers to personal bank accounts easily.

Crypto.com, the pioneering payments and cryptocurrency platform, is pleased to highlight two fiat withdrawal solutions via TrueUSD (TUSD) and Paxos Standard (PAX) stablecoins for Crypto.com App users.

Crypto.com has recently entered a partnership with TrustToken and Paxos Standard for Crypto.com Chain, which will allow merchants to get paid in USD.

As an extension to this partnership, Crypto.com App users can now redeem their TUSD or PAX 1-to-1 against USD, which will be wired directly to their personal bank accounts. This is an appealing use case for App users who want to monetize their crypto gains, holdings, or Crypto Credit loans.

To redeem stable coins against USD, users can do so via the TrustToken or Paxos Standard platform. For further instructions, please click here.

Kris Marszalek, Co-founder and CEO of Crypto.com said, “The team is committed to making efficient fiat withdrawal available to customers. As we work on more traditional solutions, we are pleased to share two important supporting solutions from our stablecoin partners.”

Tory Reiss, Co-Founder of TrustToken said, “We are excited to be deepening our collaboration with the Crypto.com team. Finding a reliable way to move fiat on and off their platforms continue to be a headache for crypto companies. At TrustToken, we are continuing to double down on this use case by building out strong compliance practices and adding additional payment rails.”

Scott Simpson, VP of Strategic Partnerships of PAXOS said, “We believe that building a vibrant ecosystem for PAX is crucial for increasing use in consumers’ daily lives. Our partnership with Crypto.com makes it easier for consumers to benefit from their crypto holdings and were excited to make this important functionality live.”

DISCLAIMER: THE STABLE COINS AND USD REDEMPTION IS HANDLED AND PROCESSED BY TRUSTTOKEN OR PAXOS STANDARD, CRYPTO.COM IS NOT RESPONSIBLE OR LIABLE FOR ANY DISPUTE ARISE FROM SUCH ARRANGEMENT.

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