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Temenos Quantum vs WaveMaker comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024

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

Temenos Quantum
Ranking in Rapid Application Development Software
30th
Ranking in Low-Code Development Platforms
28th
Average Rating
7.2
Reviews Sentiment
6.7
Number of Reviews
15
Ranking in other categories
Mobile App Platforms (3rd), Mobile Development Platforms (6th)
WaveMaker
Ranking in Rapid Application Development Software
31st
Ranking in Low-Code Development Platforms
32nd
Average Rating
8.0
Reviews Sentiment
6.4
Number of Reviews
4
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2026, in the Rapid Application Development Software category, the mindshare of Temenos Quantum is 1.5%, up from 0.5% compared to the previous year. The mindshare of WaveMaker is 1.5%, up from 0.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Rapid Application Development Software Mindshare Distribution
ProductMindshare (%)
Temenos Quantum1.5%
WaveMaker1.5%
Other97.0%
Rapid Application Development Software
 

Featured Reviews

Zain Omer - PeerSpot reviewer
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.
it_user576294 - PeerSpot reviewer
Business Software Developer at a tech services company
This is a RAD tool to build business apps, tables, and forms.
It needs a desktop version for developers with license type CE. I would like to have the possibility to have a CE that lets me migrate from SQL Server Express, Access, and OpenOffice Base and keep all UI front-end development in just one system. In short, the 6.7 was good enough. The question is: Will there always be a desktop version CE that will let me work with, for example, five users for free, and then start to pay from user six, or in my case, three users? Right now, I do not see WaveMaker in this field, and there are others points to ask for from a desktop.

Quotes from Members

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

Pros

"The main benefit lies in its exceptional speed of implementation."
"It helps us focus on continually improving our technology and keeping up with the latest developments."
"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."
"You can do rapid development across multiple platforms.​"
"Overall, Kony is the best mobile platform on Gartner, where it has been at the top for the last seven years."
"The best feature is the Kony Studio, which is the product that is used to develop interfaces."
"Its greatest advantage lies in its exceptional security and robustness."
"The most valuable feature is usability. You can develop components inside it and reuse them in different parts of your application, wherever needed. You can replicate them. There's also a Quantum Fabric on the back end, which provides a middle layer between your database and the third-party systems you need to integrate. It also provides the integration to handle all sorts of exceptions and timeouts on the Fabric. This makes it easy to troubleshoot errors coming from third-party APIs."
"It is a Rapid Application Development (RAD) tool to build business apps that lets you work with many diverse data stores and build tables and forms easily."
 

Cons

"There is definitely room for improvement, especially in the areas of AI, AR, and DR for mobile and web applications"
"There are many issues when integrating with native sides when building an Android application of the retail accelerator or an iOS application of the retail actuator. We have to incorporate on the native side of things, which creates a lot of issues. Temenos Quantum is a proprietary product and not open source. There is not much information available on the internet for developers to reference when solving issues. You have to contact the help desk, who will then give you an appointment and work to resolve the issue. In terms of what Temenos can do better, they can make the product more mature so that we do not encounter as many black holes when encountering an issue."
"They need to improve their tech support's abilities. They do have a good tech support, but it still requires improvement."
"It would be highly beneficial if future iterations of Temenos could incorporate support for QR-based payment methods, as it would enhance the platform's capabilities and align it more closely with modern payment trends"
"Temenos Quantum is not quite stable yet."
"We would like to have widgets for graphs and analytics, as well as the integration of machine learning."
"When developing our application, we also encountered certain issues related to delays and time-consuming builds."
"The product needs more native features."
"It needs a desktop version for developers with license type CE."
 

Pricing and Cost Advice

"This is an expensive solution, and it is the biggest challenge that we face when we present this platform to customers."
"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."
"It is expensive solution."
"​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​"
"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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Top Industries

By visitors reading reviews
Financial Services Firm
29%
Construction Company
10%
Manufacturing Company
9%
University
6%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise2
Large Enterprise10
No data available
 

Comparisons

 

Also Known As

KonyOne, Kony, Kony Quantum
Pramati
 

Overview

 

Sample Customers

Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
Vanenburg, Flanagan
Find out what your peers are saying about Microsoft, ServiceNow, Oracle and others in Rapid Application Development Software. Updated: May 2026.
900,644 professionals have used our research since 2012.