Software Improvement Group Honors National Bank of Greece, DHL Express and CIBG for Excellence in Software Health of Application Landscapes


Amsterdam, June 29, 2020 - Software Improvement Group (SIG), the independent authority on software assurance, announced the winners of its second annual client awards at the 2020 SIG Symposium, a full-scale digital event with digital leaders and attendees from more than 19 countries. The awards recognize the exceptional leadership, vision and results demonstrated by organizations in gaining control over the build quality, reliability and security of their application landscapes. 

 SIG presented National Bank of Greece, DHL Express and CIBG with awards in three categories:

Master of Software Health 2020
Winner: DHL Express

The Master of Software Health award is presented to the client which has implemented a structure across its organization facilitating high quality source code development and cultivating awareness around the health of its applications. DHL Express, one of the largest transport and delivery organizations in the world, has added code quality as an integral part of its day-to-day business. The company has a strong drive to maintain a software quality level above market average based on the TüViT and ISO 25010 standards. By continuously monitoring and developing high-quality software, DHL Express is setting the tone.

Industry Pioneer 2020
Winner: National Bank of Greece

The Industry Pioneer award is presented to the client with the most integrated software quality application, thereby serving as an example for its industry. National Bank of Greece is one of the largest financial groups in Greece, playing a key role in the country’s economy. The bank excels in developing high-quality software for its banking systems (currently 85% of the systems score above market average (target), while the rest on market average). In addition, SIG believes the organization’s Developers portal makes National Bank of Greece an industry frontrunner. Through this portal, third party companies, such as start ups, can integrate with the banks’ systems through APIs, creating greater value for the Greek market, faster. 

Legacy Modernizer 2020
Winner: CIBG (Dutch Ministry of Health, Welfare and Sport)

The Legacy Modernizer award is presented to the client which has exhibited exceptional software modernization efforts. CIBG agency (part of the Dutch Ministry of Health, Welfare and Sport) is tasked with maintaining health related registers (amongst other legislative tasks). The organization is actively pursuing a long term improvement agenda by taking a pragmatic and iterative approach, replacing older applications with compact and future-proof versions. One clear example of this is the previous Organ Donor Register (Donor) application: its outdated technology was proving inadequate in meeting future demands. CIBG completed the rebuild of the new Organ Donor Register (ADR) within time, quality and budget, by setting clear quality standards and adopting development best practices with its technical partner. ADR is now technically sound, and ready to go live on July 1, 2020. SIG assists CIBG in meeting its improvement targets by regular software assessments and advice on applying best practices in Software Assurance. 



Clarinda Dobbelaar, Chief Customer Officer of SIG: “On an annual basis, we want to recognize organizations who have stepped up to create better and healthier software. In 2020, National Bank of Greece, DHL Express and CIBG are examples of how to make a difference in the build quality, reliability and security of application landscapes. SIG’s role is to perform the objective code and architecture measurements and provide recommendations as guidance for the entire development process and software lifecycle. We extend a heartfelt congratulations to all of this year’s winners!”
10.06.2024
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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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