Solomontech Expands Low-Code Platform Business by Partnering with Siemens Industry Software and Tier 1 Mendix

- Selected as the first domestic company to become a Tier 1 partner of Mendix, the world's leading low-code development platform.

- Expected business synergies with the Mendix platform in the finance and manufacturing sectors.

[April 20, 2022] Solomontech (CEOs Seongjin Hong, Seontae Kim, and Daeoh Hong) announced on the 20th that it has entered into a Tier 1 Mendix partnership with Siemens Industry Software. Mendix, the global market leader in low-code development application platform acquired by Siemens in 2018, marks the first Tier 1 partnership with a domestic company.

As many domestic and international companies are digitalizing their operating systems, demand for low-code development platforms that improve the productivity and speed of business platform development is growing. According to global market research firm Gartner, by 2025, approximately 70% of new apps developed within enterprises will be created on low-code and no-code platforms.

Founded in 1995, Solomontech has been providing IT services to major domestic mobility and financial companies for over 20 years. Leveraging this accumulated business expertise and sales capabilities, the company has recently strengthened its expertise in the cloud and SaaS sectors. As part of this effort, it has partnered with Mendix, the leading low-code application company. The business synergy between Mendix, the leading low-code development platform in a promising sector within the IT industry, and Solomontech, which possesses extensive experience in corporate IT service sales, is attracting significant industry attention.

“This Mendix partnership is a significant achievement that will help us realize our vision of becoming the best customer digital transformation partner,” said Kim Seon-tae, CEO of Solomontech. “Through the Mendix platform, we will improve our customers’ business solution development productivity and grow into a leading company in the low-code application market.”