NewgenONE Digital Transformation Platform vs Temenos Quantum comparison

Newgen and Temenos are both solutions in the Low-Code Development Platforms category. Newgen is ranked #26 with an average rating of 6.0, while Temenos is ranked #15 with an average rating of 6.9. Newgen holds a 0.2% mindshare in LCDP, compared to Temenos’s 0.5% mindshare. Additionally, 100% of Newgen users are willing to recommend the solution, compared to 81% of Temenos users who would recommend it.

NewgenONE Digital Transform...

Read 1 NewgenONE Digital Transformation Platform review

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88 Comparison Views

100% willing to recommend

Temenos Quantum

Read 15 Temenos Quantum reviews

304 Views
202 Comparison Views

81% willing to recommend

NewgenONE Digital Transform...

Temenos Quantum

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Executive Summary

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

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January 2025

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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

NewgenONE Digital Transform...

Ranking in Low-Code Development Platforms

26th

Average Rating

6.0

Reviews Sentiment

6.1

Number of Reviews

Ranking in other categories

No ranking in other categories

Temenos Quantum

Ranking in Low-Code Development Platforms

15th

Average Rating

7.2

Reviews Sentiment

6.7

Number of Reviews

Ranking in other categories

Mobile App Platforms (3rd), Mobile Development Platforms (9th), Rapid Application Development Software (19th)

Mindshare comparison

As of February 2025, in the Low-Code Development Platforms category, the mindshare of NewgenONE Digital Transformation Platform is 0.2%, up from 0.1% compared to the previous year. The mindshare of Temenos Quantum is 0.5%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Low-Code Development Platforms

Featured Reviews

reviewer2445606

Director - Group IT & Principal Architect at a financial services firm with 10,001+ employees

Automated process efficiency enhanced with improved setup simplicity

I use NewgenONE to automate processes such as onboarding, trade finance, and complete lending. It allows us to automate these processes efficiently NewgenONE has helped to automate repetitive manual tasks and data inputs, reducing the need for user intervention. It is good because it automates…

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Zain Omer

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.

Read full review

Quotes from Members

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

Pros

"NewgenONE's document management and workflow approach tools are very useful."

"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."

"Its greatest advantage lies in its exceptional security and robustness."

"The initial setup of Temenos Quantum was easy."

"The most valuable features of Temenos Quantum are user-friendliness and customizability."

"With the new VM releases, it is a faster product with more abilities that benefit the user."

"You can do rapid development across multiple platforms."

"The visualizer and API manager are super useful. It's easy to create applications for the agent. Automations and other complex tasks can be hard, but it's mostly straightforward. You can create forms and populate tables."

"I like the complete, professional social site."

More Temenos Quantum pros

Cons

"Setting up NewgenONE is still a technical task. Simplifying the setup process would make it easier for users."

"We would like to have widgets for graphs and analytics, as well as the integration of machine learning."

"The technology of the solution needs an update. It is deficient in terms of connectivity."

"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."

"Temenos Quantum needs to improve its usability. It lacks information on the network. We have to contact the support when we are stuck with something."

"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."

"One area where Temenos Quantum could improve is in the flexibility of widgets and additional libraries."

"Temenos Quantum is not quite stable yet."

"There is definitely room for improvement, especially in the areas of AI, AR, and DR for mobile and web applications"

More Temenos Quantum cons

Pricing and Cost Advice

Information not available

"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."

"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."

"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."

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832,138 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

No data available

Financial Services Firm

40%

Computer Software Company

17%

Government

Real Estate/Law Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What needs improvement with NewgenONE Digital Transformation Platform?

Setting up NewgenONE is still a technical task. Simplifying the setup process would make it easier for users. Even when using other systems like MQ, you need some technical skills for integration.

See all answers

What is your primary use case for NewgenONE Digital Transformation Platform?

I use NewgenONE to automate processes such as onboarding, trade finance, and complete lending. It allows us to automate these processes efficiently.

See all answers

What advice do you have for others considering NewgenONE Digital Transformation Platform?

NewgenONE works well for business process automation (BPA) and suits specific work for the BFS side. However, it requires considerable improvement in certain areas.

See all answers

What do you like most about Temenos Quantum?

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 smoot...

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What is your experience regarding pricing and costs for Temenos Quantum?

It is expensive solution.

See all answers

What needs improvement with Temenos Quantum?

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...

See all answers

Comparisons

No data available

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Mendix vs Temenos Quantum

Compared 30% of the time

Microsoft Azure App Service vs Temenos Quantum

Compared 28% of the time

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Product Reports

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Low-Code Development Platforms

January 2025

NewgenONE Digital Transformation Platform report

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Buyer's Guide

Temenos Quantum

January 2025

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Also Known As

No data available

KonyOne, Kony, Kony Quantum

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

Newgen

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.

Temenos

Sample Customers

BNB Bank, National Commercial Bank Jamaica, United Bank, Tokio Marine HCC

Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank

Buyer's Guide

Low-Code Development Platforms

January 2025

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