(Node-RED project lead here) Node-RED is an open-source project and part of the OpenJS Foundation. We'd certainly aspire Node-RED to be comparable at a technical level with other offerings.

But as an OSS project, we aren't looking to create a hosted SaaS offering - the core project isn't trying to compete commercially with those vendors.

But there are companies looking to create commercial services around Node-RED that certainly want to be competitive. (My own company, FlowForge Inc, is one of them)