Market Overview

Kony Recognized by Gartner as a Leader in Magic Quadrant for Mobile App Development Platforms for Six Consecutive Years


Kony Positioned in the Leaders Quadrant and the Furthest on the
Completeness of Vision Axis

, the leading digital applications and platform solutions
company, today announced that it has been named a Leader by Gartner in
the 2018 Magic Quadrant for Mobile App Development Platforms, and
positioned the furthest on the completeness of vision axis. Kony has
been recognized by Gartner as a Leader in the mobile application
development platforms space for six consecutive years.

As the largest provider focused purely on omni-channel digital
solutions, Kony serves leading companies across multiple industries
including banking and financial services, retail, healthcare and energy
sectors, with more than 250 million mobile app users worldwide and
managing more than 3.4 billion user sessions annually.

"A rich digital experience demands a broad array of seamless
capabilities across multiple channels, but none more prolific than the
ubiquity of mobile," said Thomas E. Hogan, chairman and chief executive
officer, Kony Inc. "While Kony is setting the pace across all digital
channels, we remain both proud and committed to our enduring leadership
in mobile that we feel has been validated by Gartner by being named a
Leader in the Magic Quadrant for Mobile App Development Platforms
for the sixth straight year."

According to Gartner, Leaders in this Magic Quadrant "must have a strong
combination of Ability to Execute and Completeness of Vision. In the
MADP sector, this means that Leaders are not only good at cross-platform
development, deployment and management across the full life cycle, but
also demonstrate strong vision for multiexperience development support.
A Leader must also have open architectures and support open standards,
while showing a solid understanding of IT requirements, and scalable
sales channels and partnerships. Leaders must provide platforms that are
easy to purchase, program, deploy and upgrade, and which can connect to
a range of systems of record and third-party cloud services."

The Kony
is an open and standards-based, integrated platform for
mobile app development and beyond. It supports the entire application
software development lifecycle (SDLC) and operations (DevOps) lifecycle,
empowering enterprises to quickly design,
and manage omni-channel
app experiences. This full DevOps solution encompasses unique app user
interface design and development tools (Kony
), powered by Kony's mobile backend-as-a-service (MBaaS),
API Management and backend application development offering (Kony
). It extends fully to the Line of Business through the
addition of Kony
, which allows customers to rapidly obtain secure,
enterprise-grade apps as an end-to-end managed service. Leading
enterprises worldwide rely on Kony to realize the:

  • Fastest development and deployment speed – 50-60% savings over custom
    native or web development;
  • Richest interaction design and native user experiences – delight your
    customers with no-compromise, modern omni-channel experiences;
  • Ease and speed of backend integration – reduce cost and effort of
    integrating to backend APIs, databases and legacy middleware by up to
  • Automated protection and insights – ensure best-in-class security and
    analytics are enabled by default across your entire application; and
  • Patented cross-platform API with guaranteed SLA – future-proof your
    app with the only SLA that guarantees support for OS upgrades within
    30 days.

Kony also recently launched
its DBX digital banking platform and application suite. Kony DBX
represents a major advancement to help banks and credit unions deliver
frictionless digital experiences to customers across every point of
interaction. Kony is the first vendor to provide pre-built, native and
web apps along with a purpose-built digital banking platform for
financial institutions. The Kony DBX platform builds on Kony's digital
expertise in multiple industries, with advanced technology solutions
supported by an expansive partner network.

Download a complimentary copy of the Magic Quadrant: Report

Gartner, Magic Quadrant for Mobile App Development Platforms, Jason
Wong, Van L. Baker,
Adrian Leow, Marty Resnick, 17 July 2018.

Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose

About Kony, Inc.

Kony is
the fastest growing, cloud-based digital application and low-code
platform solutions company, and a recognized industry leader among low
code and mobile application development platform (MADP)
providers. Kony helps organizations of all sizes accelerate digital
success by rapidly transforming ideas into innovative and secure
omnichannel applications. Built on the industry's leading digital
platform, Kony's cross-platform, low-code solution empowers
organizations to develop and manage their own apps to better engage with
their customers, partners and employees.

For more information, please visit Connect
with Kony on TwitterFacebook, and LinkedIn.

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