| Market Capitalization (Millions $) |
858 |
| Shares
Outstanding (Millions) |
49 |
| Employees |
1,500 |
| Revenues (TTM) (Millions $) |
535 |
| Net Income (TTM) (Millions $) |
43 |
| Cash Flow (TTM) (Millions $) |
83 |
| Capital Exp. (TTM) (Millions $) |
2 |
Business Description
Customers use our software technology to rapidly develop, deploy, and integrate on-premise, mobile, and cloud-based business applications. Furthermore, our technology enables enterprises to accelerate the delivery of business solutions that meet current and future needs, allowing customers to significantly improve their business performance and return on investment. We also provide a complete software solution and a return on investment to specific verticals.
Organizations across all industries are digitally transforming by leveraging software to automate and optimize mission critical operations, enhance customer experiences, and drive competitive differentiation. Historically, organizations have principally relied on off-the-shelf packaged software and custom software solutions to operationalize and automate their businesses. Packaged software often fails to address unique use cases or to enable differentiation. It also requires organizations to adapt their business (processes, systems of record, etc.) to the software package, as opposed to adapting the software to their unique business needs. While traditional custom software solutions can be differentiated and tailored to meet strategic objectives, development requires a long, iterative, and cumbersome process, as well as costly integration that relies on scarce developer talent. We enable organizations to differentiate themselves from their competition through software-enabled digital transformation.
Our low-code platforms employ an intuitive, visual interface and pre-built development modules that reduce the time required to build powerful and unique applications. Our platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that would otherwise need to be manually coded. This functionality greatly reduces the iterative development process, allowing for real-time optimization and ultimately shortening the time it takes to design, build, and deploy applications.
Our customers leverage our technologies to apply the right automation approach for their specific use case. We believe our unified low-code platforms are a differentiator in the marketplace. We strive to deeply integrate our capabilities so that they are all interoperable and low-code making it easier and faster for our clients to address complex use cases, particularly those that involve multiple departments within an organization
Company Address: Yahadut Canada 1 Street, Or Yehuda 6037501
Company Phone Number: 538 9243 Stock Exchange / Ticker: NASDAQ MGIC
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4.44% 