Amsterdam, September 18 2018 - Mendix and SIG entered into their partnership in 2017 to enable Mendix customers to monitor the reliability and maintainability of the business-critical applications they build using the Mendix platform. New in AQM 2.0 is the instant oversight into the quality of all Mendix applications that have been built as well as workflows to improve the efficiency of quality enhancements. By selecting applications where the quality score decreased, and drilling down to application areas that need improvement, Mendix developers can effectively maintain high quality for their application estate.

Koert Hagoort, Product Manager of AQM at Mendix:

"We typically see that Mendix customers working with SIG’s AQM have high quality scores for their applications. The focus and investment in quality provides a quick return on investment, as developers save themselves a factor 2-3 in time during application maintenance and when making application extensions. We highly recommend our partners and customers using AQM 2.0."

"The new functionality in SIG AQM provides developers, their management, and quality management with insights on the quality for all Mendix applications. AQM allows customers to measure the quality of their applications against a companywide quality standard and to take a risk-based approach towards filtering out development weaknesses that ultimately may lead to reduced application quality. The quality measurement by SIG works according to the German TÜViT quality institute and ISO25010 standards and leverages deep knowledge from industry benchmarks that Mendix AQM users immediately will benefit from."

 Michel van Dorp, Global Partner Director at SIG:

"Developing the portfolio monitor functionality in AQM 2.0 was an important requirement for supporting Mendix’ Enterprise clients who are building business-critical applications with Mendix technology. Mendix is a frontrunner in the market that recognizes the importance of source code quality monitoring in order to help clients rapidly execute on their business/software development strategies, while securing long-term value from their strategical investment in the Mendix platform."

About Mendix

Mendix is the fastest and easiest platform to build and continuously improve mobile and web applications at scale. Recognized as a market leader by leading analysts, we help our customers digitally transform their organizations and industries by building, managing, and improving apps at unprecedented speed and scale. More than 4,000 forward-thinking enterprises, use our platform to build business applications to delight their customers and improve operational efficiency. Join the Mendix community on LinkedIn and Twitter. Start building apps for free at www.mendix.com/try-now/

About SIG

SIG gives technology leaders the visibility they need to address current software problems and prevent future ones from ever happening. Drawing on proprietary methods and decades of expertise, SIG helps organizations fundamentally improve the security and performance of the enterprise applications that support every aspect of their businesses.  SIG operates a unique software evaluation laboratory governed by the Quality Management System as required by the ISO/IEC 17025international standard for testing and calibration laboratories. The only organization in the world certified by TÜViT for Trusted Product Maintainability, SIG is headquartered in Amsterdam with regional offices in the Nordics, Belgium, Germany and Greece. SIG serves companies in Europe, the United States, and Asia. Join the SIG community on LinkedIn and Twitter. More information: www.softwareimprovementgroup.com

 

Contact details:

Software Improvement Group

Clarinda Dobbelaar

VP Marketing

T: +31 20 314 09 50

E: c.dobbelaar@softwareimprovementgroup.com
10.06.2024
Reading time: 2-3 minutes

SIG M&A Software Analysis Reveals Concerning Trends In Software Quality

NEW YORK, NY, USA, June 10, 2024

Software Improvement Group (SIG), the leading independent institute specializing in software health analysis, has significant concerns about the quality of software involved in mergers and acquisitions (M&A). Out of 531 M&A-related software projects analyzed, SIG found that the average software quality scores were significantly below the market average. This implies that companies face two times lower development efficiency and a considerably higher risk of defects and vulnerabilities.

Key findings

  • Quality Scores Below Market Average: The study revealed that software involved in these transactions often lags behind industry standards, presenting substantial risks for acquirers.
  • High Technical Debt: On average, technical debt constitutes 31% of the total code volume, indicating severe underlying issues in software maintainability and scalability.
  • Informed Investment Decisions: Companies that utilized SIG’s software economics methodology were able to make strategic investments to mitigate these technical debt challenges effectively.

SIG possesses unparalleled expertise and resources to assess the build quality, scalability, and security of software assets. With the world’s largest software metrics database, encompassing an impressive 200 billion lines of code and 18,000 system inspections spanning over 300 technologies, SIG provides comprehensive evaluations that stand as a testament to our unwavering dedication to creating a healthier digital world.

Luc Brands, CEO of Software Improvement Group: “At SIG, we believe private equity firms are not as in control as they could and should be. Through software economics, we ensure thorough code analysis, benchmarking, architecture investigation, and cost modeling. This approach guarantees clarity regarding the true scalability of acquired assets.”

To further facilitate this conversation, Software Improvement Group and Carnegie Mellon University (CMU) will be hosting a webinar titled “Software Economics for Private Equity: How to Evaluate the Quality and Value of Software Assets” on June 27th. The webinar will provide private equity companies with insights into the importance of software asset valuation. Private equity firms are invited to join the webinar to gain valuable knowledge and insights from industry experts.

In conclusion, software assets represent a significant opportunity for private equity firms to drive value creation. By embracing advanced software economics and leveraging SIG’s expertise, private equity firms can make informed decisions that maximize returns and mitigate risks in their software investments.

For more information about SIG and to register for the upcoming webinar, please visit Software Improvement Group’s webinar page.

For the full report, visit the benchmark report.

About SIG
Software Improvement Group (SIG) leads in traditional and AI software quality assurance, empowering businesses and governments worldwide to drive success with reliable and robust IT systems. Sigrid® – its software excellence platform – analyzes the world’s largest benchmark database of over 200 billion lines of code across more than 18,000 systems in 300+ technologies, and intelligently recommends the most crucial initiatives for organizations. SIG complies with multiple ISO/IEC standards, including ISO/IEC 27001 and 17025, and has co-developed ISO/IEC 5338, the new global standard for AI lifecycle management.
SIG was founded in 2000 and has offices in New York, Copenhagen, Brussels, and Frankfurt, and is headquartered in Amsterdam.

Sigrid®, together with expert consultants, and nearly 25 years of industry-leading research, position Software Improvement Group as the foremost authority on software excellence.

For more information, please visit Software Improvement Group’s website or social media channels.

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