Magic Software Enterprises Ltd. - Ordinary Shares (MGIC)

Competitors to Magic Software Enterprises Ltd. - Ordinary Shares (MGIC)

Appian 

Appian is another key player in the low-code development space and competes with Magic Software by offering a platform that emphasizes process automation and workflow management. Appian's advanced features in business process management and its strong focus on integration with existing IT systems provide it with a competitive edge, particularly for enterprises seeking to enhance operational efficiency. This positions Appian as a leading competitor to Magic Software in terms of comprehensive process solutions.

Mendix

Mendix specializes in low-code application development, facilitating digital transformation for businesses. Like Magic Software, Mendix allows users to create applications without extensive coding, but it focuses on providing an enterprise-grade platform aimed at larger organizations. Mendix benefits from its strong partnerships with major cloud providers and a comprehensive ecosystem, which gives it a competitive advantage in terms of integration and scalability compared to Magic.

OutSystems

OutSystems provides a low-code platform that enables companies to rapidly develop applications. The company competes with Magic Software by offering similar low-code and no-code development solutions that help organizations accelerate their software delivery processes. OutSystems has established a robust market presence and invests heavily in marketing and customer support, giving it a competitive edge in attracting large enterprises looking for scalable solutions.

Salesforce (Tableau) 

Salesforce, through its acquisition of Tableau, offers analytics capabilities that significantly enhance its cloud-based applications. While Magic Software focuses on application development, Salesforce provides a broader suite of services including customer relationship management (CRM) with built-in analytics tools. The integration of data visualization with operational applications gives Salesforce a competitive advantage in helping businesses drive insights from their data, which is an area where Magic's offerings are less comprehensive.

Zoho Creator

Zoho Creator offers a low-code platform that allows businesses to build applications tailored to their specific needs. Competing directly with Magic Software's low-code solutions, Zoho Creator targets small to medium-sized businesses (SMBs) with a lower pricing model and ease of use. Although Zoho lacks the extensive enterprise features that Magic provides, its affordability and simplicity give it a competitive advantage among budget-conscious SMBs who do not require the full suite of Magic's capabilities.