application-development
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The Tiny Design Shop Behind the Government's Invisible Screens
Magnum Multimedia has spent two decades making federal websites feel less like federal websites. Its real product is the bridge between a citizen's click and the machinery behind it.
Progress Software’s $1.3 Billion Bet: Boring Software Still Runs the World
Progress keeps buying the unglamorous tools companies cannot casually rip out. The result is a profitable software cabinet - and a live test of whether disciplined consolidation can outrun integration risk and the damage from one very public security failure.
OutSystems Made Coding Faster. Now AI Is Making ‘Fast’ Look Slow
The Portuguese low-code pioneer survived two brushes with bankruptcy, rewrote its business model, and reached €500 million in revenue. Its next trick is harder: proving that governed software beats a clever prompt when the app runs a bank, hospital, or factory.
Magic Software spent 43 years making old systems talk - then joined a bigger machine
The Israeli software veteran outlasted several computing eras by connecting what companies already owned. Its products carry the story, but services pay most of the bills - and a 2026 merger gives that model a larger engine.
Rajiv Khattar Built a Career in the Work Between Talent and Technology
For more than 17 years at Agama Solutions, the Bay Area executive has worked where software delivery, client trust and technology talent meet. His record offers a quiet lesson in the value of staying close to the work.
The Mexican Software Company That Made Nearshore a Strategy
Long before nearshoring became a boardroom buzzword, Softtek built an international IT business around proximity. Now the Mexican company is testing whether that human advantage can survive an agentic turn.
CEI Spent 34 Years Learning the Enterprise. Now It Wants to Put AI to Work Inside It.
The Pittsburgh systems integrator is betting that the hard part of enterprise AI is not the model. It is the unglamorous work of fitting intelligence into old systems, guarded data and everyday operations - then keeping it running.
The 22-Year-Old IT Firm Teaching Enterprise AI to Do the Boring Work
From a ground-floor room with dial-up internet in Bitola, IWConnect grew into a 300-plus-person operator for the systems most companies cannot afford to break. Its bet on AI is deliberately practical: connect it to the old stack, govern what it can do, and keep a human near the final call.
AMTI
AMTI rarely appears in the passenger journey, yet its engineers have spent decades inside the systems that guide aircraft and turn federal data into public facts. The company’s story is a lesson in the durable, unglamorous technology that government cannot simply switch off.
Milestone Technologies, Inc.
Milestone Technologies is a Fremont, California-based global IT services and digital solutions company founded in 1997. It helps large enterprises run and modernize their technology at scale - spanning digital workplace services, IT service desk and NOC operations, cloud and infrastructure, application and digital engineering, AI/automation, and platform work on ServiceNow and Salesforce. The company employs roughly 2,600-3,100 people, serves more than 200 clients across about 31 countries, and is majority-owned by The Halifax Group with a minority stake held by Two Sigma Impact.
Appeon
Appeon is a San Francisco software company that develops, sells, and supports PowerBuilder, the veteran rapid application development platform it took over from SAP in 2016. Through PowerBuilder, PowerServer, InfoMaker, and its CloudPro bundle, Appeon helps enterprises build data-driven business apps and modernize decades-old client/server systems into cloud-native and C#/.NET applications - protecting existing code investments rather than forcing full rewrites.
Rhino.ai
Rhino.ai is a Washington, D.C.-based enterprise AI platform that reconstructs the hidden business logic buried inside legacy code, ERP systems, SaaS tools, workflows, and integrations. Using agentic AI paired with human expertise, it discovers and maps business rules, organizes them into a governed, version-controlled logic graph built on its proprietary Universal Application Notation (UAN), and uses that single source of truth to accelerate modernization and application development. Founded in 2023 by Adam Branch, the company raised a $50M Series A in January 2025 led by Koch Disruptive Technologies, with KPMG as a strategic minority investor.
Deepak Nagpal
Deepak Nagpal is the CEO of Audax Labs, a Bothell, Washington-based technology innovation company he has led since 2016. With a career spanning over two decades across NTT DATA, Capital One, and Interra Information Technologies, and an MBA from Oxford's Said Business School, he has built Audax Labs into a multi-practice consultancy operating across AR/VR/MR, AI, IoT, cloud migration, and data analytics - serving industries from automotive and healthcare to BFSI and government, with partnerships spanning Microsoft, Google, Amazon AWS, Hitachi Vantara, Oracle, and Rocket Software.
Frank Zamani
Frank Zamani is the Founder, President, and CEO of Caspio, a pioneering low-code platform that has powered over one million business applications in 150+ countries. Born Farhang Zamani in Tehran, Iran, he fled religious persecution as a Baha'i in 1986, was smuggled across the border to Pakistan, and received U.S. asylum in 1988 - arriving in San Francisco with his brother and just $70 between them. After earning a CS degree from Cal State Chico, working on Microsoft's PowerPoint team, and co-founding Autoweb.com (which IPO'd in 1999 at a $938 million valuation), he started Caspio in 2000 with a single conviction: business professionals should not need to code to build the tools their organizations need. By 2024, Caspio had grown to $120.7 million in annual revenue, 15,000+ customers, and roughly 230 employees.