Gartner Names Mendix a 'Cool Vendor 2009'

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Mendix, the global leader in model-driven application development, has been named a "Cool Vendor" in the report "Cool Vendors in Application Development, New Tools, 2009" by leading industry research firm Gartner. The report identifies cool vendors and their products that represent key trends, directions and emerging best practices in application development. Mendix's innovative technology delivers model-driven development solutions for service-oriented business applications (SOBAs). Mendix provides a model-driven approach towards solution development by engaging business analysts in the modeling process, and brings new solutions to market 4x faster than traditional development methods.

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Cool Vendors in Application Development, New Tools, 2009

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Mendix, the global leader in model-driven application development, has been named a "Cool Vendor" in the report "Cool Vendors in Application Development, New Tools, 2009" by leading industry research firm Gartner. The report identifies cool vendors and their products that represent key trends, directions and emerging best practices in application development.

"We're thrilled to have Gartner's endorsement as a "Cool Vendor" which we believe is an acknowledgement of the unparalleled innovation that Mendix has brought to market for flexible, next-generation business applications (SOBAs)," states Mendix CEO and co-founder, Derek Roos.

"Mendix provides a model-driven approach towards solution development, which means we engage business analysts in the modeling process and bring new solutions 4x faster to market than traditional development methods", adds Roos. "These features coupled with long-term agility, significant cost-savings and reduced project risk explain why customers are rapidly adopting our breakthrough technology."

The report notes that, "Mendix provides a model runtime environment, which means it does not provide code generation - the model is fully executable. As development projects and processes deal with complex business problems and large quantities of information, the translation of the business need into a tangible design addresses a major source of project failure and are at the root of many development project horror stories."

According to Gartner, "Development managers and business analysts should develop new methods for successfully deploying applications built with newer, more-complex tools and processes." In the report, Gartner selected vendors that have "cool" approaches to application development, and, specifically, the management, specification and quality delivery of complex development projects.

Gartner says, "Mendix recognized the benefits of combining the model-driven approach with agile practices. The focus on SOBAs will interest business analysts and solution architects, who will welcome working at the higher levels of abstraction. Development managers looking for fast solutions with control and an overall reduction in total cost of ownership should also investigate Mendix's approach."

About Gartner's Cool Vendors Selection Process
Gartner's 'Cool Vendors' report is designed to highlight interesting, new and innovative vendors, products and services. Gartner defines a 'Cool Vendor' as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity within approximately the past six months. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Learn more about Gartner and the Cool Vendor report at http://www.gartner.com.

About Mendix
Mendix is the market leader in model-driven development for next-generation business solutions. Mendix provides tools and architecture for business analysts and solution architects to rapidly design, build, test, integrate, deploy, manage and optimize service-oriented business applications (SOBAs) within any existing business and IT environment. Delivering next-generation self-service and transaction portals, Mendix products enable companies to streamline and automate complex processes across people and systems, within and across organization boundaries. Mendix has been recording triple digit annual growth. Mendix is a privately held company with offices in Boston, London, Rotterdam, Stockholm and Bangkok. Learn more at http://www.mendix.com.

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Mindy M. Hull
Mendix
+1 415 889 9977
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Mindy M. Hull
Mendix
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