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