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NewgenONE Digital Transformation Platform vs Temenos Quantum comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Customer Service

No sentiment score available
Sentiment score
5.6
Temenos Quantum's support is generally helpful with a good ticketing system, but response times and experiences vary.
 

Room For Improvement

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No sentiment score available
Temenos Quantum requires security, interface, and stability enhancements, better integration, faster support, flexible widgets, and improved development tools.
 

Scalability Issues

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No sentiment score available
Temenos Quantum is praised for scalability and performance, supporting 100-1000 users, despite some complexity concerns compared to Flutter or React.
 

Setup Cost

No sentiment score available
No sentiment score available
Temenos Quantum is costly, with prices ranging from $70,000 to $500,000, though some users find it affordable.
 

Stability Issues

No sentiment score available
No sentiment score available
Temenos Quantum is stable and reliable with frequent updates, but areas like pending applications and front-end need improvement.
 

Valuable Features

No sentiment score available
No sentiment score available
Temenos Quantum is valued for its user-friendliness, customizability, integration, security, and comprehensive mobile and web development features.
 

Categories and Ranking

NewgenONE Digital Transform...
Ranking in Low-Code Development Platforms
26th
Average Rating
6.0
Reviews Sentiment
6.1
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Temenos Quantum
Ranking in Low-Code Development Platforms
16th
Average Rating
7.2
Reviews Sentiment
7.3
Number of Reviews
15
Ranking in other categories
Mobile App Platforms (3rd), Mobile Development Platforms (9th), Rapid Application Development Software (19th)
 

Mindshare comparison

As of November 2024, 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 0.4%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Low-Code Development Platforms
 

Featured Reviews

reviewer2445606 - PeerSpot reviewer
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…
Zain Omer - PeerSpot reviewer
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.
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
40%
Computer Software Company
17%
Government
6%
Healthcare Company
5%
 

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.
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.
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.
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...
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...
 

Comparisons

 

Also Known As

No data available
KonyOne, Kony, Kony Quantum
 

Learn More

Video not available
 

Overview

 

Sample Customers

BNB Bank, National Commercial Bank Jamaica, United Bank, Tokio Marine HCC
Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
Find out what your peers are saying about Microsoft, OutSystems, Oracle and others in Low-Code Development Platforms. Updated: November 2024.
816,406 professionals have used our research since 2012.