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NewgenONE Digital Transformation Platform vs Temenos Quantum comparison

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Buyer's Guide
Low-Code Development Platforms
April 2024
Executive Summary

We performed a comparison between NewgenONE Digital Transformation Platform and Temenos Quantum based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Oracle, OutSystems and others in Low-Code Development Platforms.
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Featured Review
Use NewgenONE Digital Transformation Platform?
Jacob Chirawo
Helpful support, user-friendly, but lacking security
If we want to develop a product to introduce in the bank it is possible and has helped the organization. For example, if you want to open a scheme... Read more →
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
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  • "​The price is too high. The annual cost for the Kony license is very high. Every year you have to renew it in order to maintain it​"
  • "This is an expensive solution, and it is the biggest challenge that we face when we present this platform to customers."
  • "The product is expensive. First, they must purchase the product, and then pay an annual renewal fee. The renewal fee depends on the product details and the license term’s length. Clients can buy licenses for five or ten years and pay for them upfront, or they can set up a yearly renewal cycle."
  • "Temenos Quantum is an expensive tool. Taking into consideration my company's use of Temenos Quantum for a bank, the costs attached to the solution ranged from 3,00,000 to 5,00,000 USD for building one application for the bank."
  • "It is expensive solution."

    • More Temenos Quantum Pricing and Cost Advice →

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    Questions from the Community
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    What do you like most about Temenos Quantum?
    Top Answer:Comparing other solutions with Temenos Quantum, the later is less mature and presents several issues. Implementing Temenos Quantum has been challenging, resembling a nightmare compared to the smoother… more »
    Read all 7 answers   →
    What is your experience regarding pricing and costs for Temenos Quantum?
    Top Answer:It is expensive solution.
    Read all 4 answers   →
    What needs improvement with Temenos Quantum?
    Top Answer:The UI lacks flexibility, especially regarding customizations. There are numerous issues at the fabric end, and working with the visualizer is extremely challenging. Basic development tasks require a… more »
    Read all 7 answers   →
    Ranking
    34th
    out of 78 in Low-Code Development Platforms
    Views
    135
    Comparisons
    99
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    14th
    out of 78 in Low-Code Development Platforms
    Views
    339
    Comparisons
    226
    Reviews
    10
    Average Words per Review
    560
    Rating
    6.8
    Comparisons
    Also Known As
    KonyOne, Kony, Kony Quantum
    Learn More
    Newgen
    Temenos
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    Overview

    Unlock Simple with NewgenONE
    A unified, cloud-based platform, with a robust integration ecosystem, for automating end-to-end business processes and comprehensively managing content and communications

    Temenos Quantum is a Multiexperience Development Platform (MXDP) that combines ease-of-use and speed of low-code productivity with deep enterprise capabilities for both consumer grade digital experiences across multiple touchpoints and robust backend services for identity, integration, orchestration, business process automation, and business rules management.

    Sample Customers
    BNB Bank, National Commercial Bank Jamaica, United Bank, Tokio Marine HCC
    Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
    Top Industries
    No Data Available
    REVIEWERS
    Computer Software Company63%
    Financial Services Firm38%
    VISITORS READING REVIEWS
    Financial Services Firm30%
    Computer Software Company12%
    Real Estate/Law Firm6%
    Educational Organization6%
    Company Size
    No Data Available
    REVIEWERS
    Small Business20%
    Midsize Enterprise13%
    Large Enterprise67%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise15%
    Large Enterprise62%
    Buyer's Guide
    Low-Code Development Platforms
    April 2024
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    Find out what your peers are saying about Microsoft, Oracle, OutSystems and others in Low-Code Development Platforms. Updated: April 2024.
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    768,924 professionals have used our research since 2012.

    NewgenONE Digital Transformation Platform is ranked 34th in Low-Code Development Platforms while Temenos Quantum is ranked 14th in Low-Code Development Platforms with 15 reviews. NewgenONE Digital Transformation Platform is rated 0.0, while Temenos Quantum is rated 7.2. On the other hand, the top reviewer of Temenos Quantum writes "Though a secure tool for building applications, there is a need to improve its stability". NewgenONE Digital Transformation Platform is most compared with Microsoft Power Apps, whereas Temenos Quantum is most compared with OutSystems, ServiceNow, Mendix and Microsoft Azure App Service.

    See our list of best Low-Code Development Platforms vendors.

    We monitor all Low-Code Development Platforms reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.