A2MAC1 acquires effution and strengthens its competitive insights offerings in software engineering and benchmarking solutions

A2Mac1

PR97066

 

PARIS, July 19, 2022 /PRNewswire=KYODO JBN/ --

 

*A2MAC1 and effution, an acquisition that consolidates the group's software

engineering and benchmarking expertise

 

effution is an industry-agnostic software engineering and benchmarking company,

founded in 2014 by Joachim Gielnik in Augsburg, Germany. effution provides the

most comprehensive end-to-end software engineering and benchmarking solutions

in the market today (by methods, models, technologies, etc.). effution ensures

the highest possible visibility, accuracy (>97%), and efficiency at the

top-benchmark level for software development and IT services in terms of

estimation, measurement, calculation, and simulation of effort, schedule,

resources, risks, and costs.

 

Through its unique methodology, effution has developed deep expertise across

various end-markets offering solutions that target R&D, IT, finance,

procurement, value engineering, and c-suite assessment of in-house and

suppliers' software development & IT services efficiency and costs. To ensure

the highest possible visibility and accuracy, effution calibrates its methods

and models by utilizing data from >153 million freeware and open-source

software repositories (representing about 75% of currently known FOSS projects)

and >6.2 million industry and public sector projects, analyzed by customers and

effution's team. This capability is powered by "sucCXess", a proprietary

software engineering and benchmarking tool for the digitalization and

automation of estimates, measurements, calculations, and simulations of all

kinds of software development & maintenance (embedded, cloud, enterprise,

mobile, web) as well as all kinds of IT Services.

 

effution's unique capabilities will enrich A2MAC1's one-stop-shop Benchmarking

SaaS (Software as a Service) platform, supplement its 360° vehicle insights,

and accelerate the creation of novel software costing tools while getting

direct access to the >650 A2MAC1 customer base to offer its knowledge and

services worldwide.

 

"Our main objective is to respond and anticipate, in the most innovative and

efficient way, to the evolving challenges the market and our customers are

facing. We are constantly looking for thought leadership and hyper-scalable

expertise that will complement our benchmarking offerings and insights to meet

current and future needs of our customers. The acquisition of effution allows

A2MAC1 an enormous potential to grow with the right scale-up approach, as the

market is observing increasing demand for software due to ADAS,

electrification, and increasing amounts of software to maximize the user

experience that will drive innovation and impact vehicle costs significantly."

Frank Bunte – CEO A2MAC1

 

"Merging with A2MAC1 provides effution with significant global expansion

potential. We know that the automotive software and electronics market will

experience major growth in the coming years as the industry changes. To best

respond to current and future challenges, we are committed to developing ever

increasingly innovative and value-generating solutions. We enable our customers

in software engineering and benchmarking by providing disruptive but proven

procedures, methodologies, and tools. This ensures the highest possible

visibility, accuracy, and efficiency at the very top-benchmark level in

hardware, ECU's, and Software & IT Services. By teaming up with the worldwide

and undisputed leader in automotive benchmarking, we know we will have the

opportunity and resources to develop our expertise while continuing to

challenge our service offerings and solutions across multiple industries."

Joachim Gielnik – CEO effution

 

Automotive software and electronics market faces exponential market growth

 

As markets change and society moves towards a greener, more connected, more

competitive, and smarter world, the connected car user experience will become

increasingly important.

 

Electronics and software in a car have been rising steadily since 1970 and are

expected to make up more than 50% of overall vehicle costs by 2030, while the

automotive, software, and electronics markets are expected to grow at a 7% CAGR

until 2030. The number of lines of code in cars is expected to increase 2-5x by

2030, underpinning the emergence of a 'should-cost' market for software and

services in and around vehicles.  

 

As the undisputed global leader in automotive benchmarking, A2MAC1's mission is

to help its clients achieve their objectives to remain competitive and always

up to date with the latest challenges and changes in the sector such as:

 

•        Defining software strategy: Build vs Buy

•        Ensuring up-to-date and competitive software and cloud features and

functionality

•        Enabling rapid development and global sourcing at a fair effort, schedule,

and cost

•        Securing critical supplier relationships and talent sourcing

•        Providing transparency on total cost of ownership (TCO), including software

development & maintenance cost

        

"For the past 25 years, A2MAC1 has been uncovering hidden secrets behind the

most complex innovations and technologies and transforming invisible data into

meaningful insights. We support our clients in understanding the market, but

even more so, in anticipating new challenges to shape a smarter, greener, and

even more connected future today. With the acquisition of effution, we are

taking a significant step forward in the evolution of software costing and

software engineering and benchmarking s services. This is a milestone that will

certainly not be the last for A2MAC1 as markets and technologies evolve daily.

Our company is and will remain as agile and forward-thinking as its areas of

expertise and thought leadership." Frank Bunte, CEO of A2MAC1  

                                                

For more information: https://www.a2mac1.com

 

SOURCE: A2Mac1

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