This investment follows SIG’s ambition to further increase its presence and impact in the BeLux when it comes to improving software quality worldwide.


SIG is operating in over 10 countries with offices in 5, including Belgium. Software is the DNA of our society and the quality of it is mission critical to all businesses. The investment in a new management and relocation of the Belgian office supports SIG’s ambition to grow internationally and facilitate employees in an optimal manner to work towards realizing its mission “Getting Software Right”.

The relocation of the Belgian office is in line with SIG’s ambitions for the next phase of its BeLux activities. The new office - Fosbury & Sons - is similar in concept to EDGE Olympic, to which the Amsterdam Headquarters recently moved - and enables employees to work in an innovative, high-tech, state of the art building that provides an inspiring environment and drives productivity and creativity.

Kris Dillemans has lead Belgian operations since 2010, and has built a successful business over the years. As of May 2018 he has transferred his responsibilities to Maja D’Hondt. Kris’ new rol will focus on building new partnerships with strategic clients in Belgium as well as Luxembourg. Per June 2018, Maja D’Hondt will be responsible for leading all sales and delivery operations in Belgium as the new country manager. With her great experience, expertise and knowledge, SIG is confident that she will boost the Belgium operations even further. In the past years, SIG helped multiple clients in Belgium, including Federal and Flemish government services, Baloise Insurance, bpost, Cegeka, KBC and Telenet. With these recent changes, this track record will only increase and expand.

Maja D’Hondt: “After almost 20 years in this business I see that building software remains as costly and as high-risk as ever, despite changing technologies and processes. SIG is in a unique position with its vast experience, products and data on software to help companies protect their investments in software. It is our ambition to become the one partner BeLux companies turn to when they want to be in control of their software and manage it proactively.

The new address of SIG’s Belgian office, as of June 15 will be:

Fosbury & Sons
Mechelsesteenweg 271 Bus 1.1
2018 Antwerp, Belgium

 



New Belgian Office - Fosbury & Sons. Photography by Frederik Vercruysse.
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.

Experience Sigrid live

Request your demo of the Sigrid® | Software Assurance Platform:
  • This field is for validation purposes and should be left unchanged.

Free AI readiness guide for organizations

Practical steps for executives and IT leaders to successfully implement AI in business