Monday, August 12, 2013

Kony Positioned in the “Leaders” Quadrant of the Magic Quadrant for Mobile Application Development Platforms

Evaluation Based on Completeness of Vision and Ability to Execute

ORLANDO, Fla. - Monday, August 12th 2013 [ME NewsWire]

(BUSINESS WIRE) Kony, Inc., the leading mobile and multi-channel application platform provider, today announced that it has been positioned by Gartner, Inc. in the “Leaders” quadrant of the Magic Quadrant Report for “Mobile Application Development Platforms” (MADPs).1

Selecting mobile application development platforms has become an urgent issue for many CIOs, with mobile technologies ranking as a top technology priority in Gartner’s last three annual CIO surveys. Gartner reports2 “building mobile applications is an important component of an enterprise’s mobile strategies, because applications provide much of the potential business return on investments in mobile infrastructure. Enterprises build mobile websites and apps to engage customers wherever they are. Similarly, they build mobile applications to improve employee efficiency and effectiveness.”

“We just ended our most successful fiscal year in April, during which we added the most new Fortune 100 enterprise customers and achieved 90% year over year growth, leaving us poised to continue our lead in the multi-channel market,” said Raj Koneru, CEO of Kony. “We've gone from a 'Visionary' to a 'Leader' in just 12 short months. And, we believe our positioning in the ‘Leaders’ quadrant this year further reaffirms and recognizes our industry leadership, as well as our ability to deliver transformative mobile and multi-channel experiences to enterprises, their customers, and employees. It's going to be a very exciting year ahead.”

Kony provides an end-to-end, Software Development Life-Cycle (SDLC) platform that empowers enterprises to quickly build, integrate, deploy and manage mobile apps across any digital channel with a single code base. The company also offers a suite of pre-built B2C and B2E multi-channel apps and a comprehensive enterprise mobility management solution, which provides companies with the security and control of devices, apps, and content to support the growing use of BYOD in today’s market. Furthermore, Kony recently achieved a record year, growing more than 90% year over year, making Kony is the fastest growing MADP Company with over 250 deployed and live customers in 38 countries.

1, 2 Gartner “Magic Quadrant for Mobile Application Development Platforms,” by Ian Finley, August 7, 2013.

About the Magic Quadrant

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. 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

Kony is the industry’s leading mobile and multi-channel application platform provider. Kony develops a suite of customizable pre-built apps, the Kony Platform and a comprehensive mobile application management solution, which give companies the confidence and control to quickly build apps once and deploy everywhere -- across all mobile devices and operating systems. Kony’s customers include myriad Fortune 500 companies, the largest global bank, and global brands such as Hyatt, Huntington National Bank, Konica Minolta, Schweppes, Tyco and Carl Zeiss.

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


Kony, Inc.

Sophie Vu, 650-645-2211


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