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Temenos Quantum vs WaveMaker comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Temenos Quantum
Ranking in Rapid Application Development Software
30th
Ranking in Low-Code Development Platforms
26th
Average Rating
7.2
Reviews Sentiment
6.7
Number of Reviews
15
Ranking in other categories
Mobile App Platforms (3rd), Mobile Development Platforms (6th)
WaveMaker
Ranking in Rapid Application Development Software
32nd
Ranking in Low-Code Development Platforms
31st
Average Rating
8.0
Reviews Sentiment
6.4
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2026, in the Rapid Application Development Software category, the mindshare of Temenos Quantum is 1.5%, up from 0.4% compared to the previous year. The mindshare of WaveMaker is 1.4%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Rapid Application Development Software Mindshare Distribution
ProductMindshare (%)
Temenos Quantum1.5%
WaveMaker1.4%
Other97.1%
Rapid Application Development Software
 

Featured Reviews

Zain Omer - PeerSpot reviewer
Software Engineer (Kony-Temenos | Android) at Xpert Digital
Though a secure tool for building applications, there is a need to improve its stability
There is a lot of room for improvement in Temenos Quantum. Temenos Quantum is not quite stable yet. Improvements can be made to make Temenos Quantum stable. Improvements are needed in the solution, considering how my company needs to raise a lot of tickets with the technical support team of Temenos for some basic issues every time. There are some features in Temenos Quantum that I want to be stabilized by Temenos, just like in Android Studio and Xcode. Building an application using Temenos Quantum is not difficult, but my company needs to seek some support for the solution all the time.
it_user576294 - PeerSpot reviewer
Business Software Developer at a tech services company
This is a RAD tool to build business apps, tables, and forms.
It needs a desktop version for developers with license type CE. I would like to have the possibility to have a CE that lets me migrate from SQL Server Express, Access, and OpenOffice Base and keep all UI front-end development in just one system. In short, the 6.7 was good enough. The question is: Will there always be a desktop version CE that will let me work with, for example, five users for free, and then start to pay from user six, or in my case, three users? Right now, I do not see WaveMaker in this field, and there are others points to ask for from a desktop.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It is an important solution for reducing the development efforts by developing a mobile application efficiently, in a shorter period of time, across multiple platforms, such as Android and iOS."
"Overall, Kony is the best mobile platform on Gartner, where it has been at the top for the last seven years."
"Its greatest advantage lies in its exceptional security and robustness."
"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 experience with the other."
"It is an important solution for reducing the development efforts by developing a mobile application efficiently, in a shorter period of time, across multiple platforms, such as Android and iOS."
"You can build your own customized, native, mobile applications in an efficient matter."
"I like the complete, professional social site."
"I like the complete, professional social site."
"It is a Rapid Application Development (RAD) tool to build business apps that lets you work with many diverse data stores and build tables and forms easily."
 

Cons

"It would be highly beneficial if future iterations of Temenos could incorporate support for QR-based payment methods, as it would enhance the platform's capabilities and align it more closely with modern payment trends"
"The technology of the solution needs an update. It is deficient in terms of connectivity."
"There is definitely room for improvement, especially in the areas of AI, AR, and DR for mobile and web applications"
"They need to improve their tech support's abilities. They do have a good tech support, but it still requires improvement."
"Using the API manager can be complicated when you're dealing with multiple teams, projects, and APIs. Quantum doesn't have user-based access, so I can't restrict parts of the project to specific users."
"They need to improve their tech support's abilities. They do have a good tech support, but it still requires improvement."
"Temenos Quantum is not quite stable yet."
"Some features are only enabled for paid users. It would be much better if they enabled those features without having to pay. I would also like to see them publish information about future technologies on the Home screen under a separate tab. That would be an improvement."
"It needs a desktop version for developers with license type CE."
 

Pricing and Cost Advice

"​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​"
"It is expensive solution."
"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."
"This is an expensive solution, and it is the biggest challenge that we face when we present this platform to customers."
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Top Industries

By visitors reading reviews
Financial Services Firm
26%
Construction Company
11%
Manufacturing Company
9%
University
6%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise2
Large Enterprise10
No data available
 

Comparisons

 

Also Known As

KonyOne, Kony, Kony Quantum
Pramati
 

Overview

 

Sample Customers

Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
Vanenburg, Flanagan
Find out what your peers are saying about Microsoft, ServiceNow, Oracle and others in Rapid Application Development Software. Updated: April 2026.
894,738 professionals have used our research since 2012.