Investors

Verj.io is a powerful PaaS that enables the rapid delivery of all types of connected web applications and offers new levels of productivity for organisations needing to drive competitive advantage from the emerging digital economy.

Verj.io enables the rapid creation of Low Code, Integration as a Service (IaaS) and Backend as a Service (BaaS) solutions. Use cases include:

  • Mashups and prototypes
  • Full blown line of business solutions
  • BPM workflow
  • Commercial software products for Cloud SaaS or on-premise operation
  • API creation and integration services
  • Digital transformation and SOA projects
  • Back-end services for front-end applications

Verj.io offers software developers a combination of simplicity of use, speed of delivery and low cost run-time operation. Its purpose is to speed up and simplify the delivery of web-enabled software and to bring digital transformation projects into scope for organisations that would otherwise find it too complex and expensive.

Verj.io is based on the Ebase Xi low code software development platform that has been developed, refined and production-tested by Ebase Technology over the last 13 years. Ebase Xi is used by 30% of UK local government and a wide range of UK and international private sector organisations.

Market

The overall target market is the Internet of Everything (IoE) driven demand for highly productive and cost effective software development and delivery tools. The IoE market segments that we will address are:

  • Low Code web application development (lcPaaS)
  • Integration as a Service (iPaaS)
  • Back-end and Mobile Backend as a Service (mBaaS/BaaS)
qodef-image-with-icon

Internet of Everything (IoE)

Total economic impact of $11 trillion by 2025 (source: McKinsey Global Institute).

Machine-to-machine connections will grow from 5 billion at the beginning of this year to 27 billion by 2024, with China taking a 21% share and the U.S. 20% (source: Machina Research).

Over the next decade IoE will generate $4.6 trillion in Value at Stake for public sector and $14.4 trillion for the private sector (source: CISCO).

Low Code Development

Top 42 vendors in 2015 generated revenues of $1.7 billion. Growth rates forecast at 68% per annum with revenues in 2019 estimated at $10.3 billion (source: Forrester).

qodef-image-with-icon
qodef-image-with-icon

Integration as a Service (IaaS)

IaaS market estimated at $393.10 billion by 2020 (source: Grand View Research, Inc.)

MarketsandMarkets forecasts the enterprise application integration market to grow from $7.85 billion in 2014 to $13.35 billion in 2019. (Source: MarketsandMarkets).

Mobile Backend as a Service (mBaaS)

The global market for Backend-as-a-Service (BaaS) is projected to reach US$31.6 billion by 2020, driven by the rise of app driven economies worldwide and indispensable nature of mobile applications in the creation of economic value (Source: Global Industry Analysts, inc.)

qodef-image-with-icon

Ready to start?