Aberro Software Inc (65% holding)

- $1 billion estimated annual market for software testing

- Automating software testing allowing improved productivity

Overview

Aberro Inc is a software company that has produced a revolutionary method and product for testing software.  Aberro’s technique of testing software called Adaptive Automated Testing requires no scripting, no programming and no test writing. Aberro’s flagship product, AberroTest, is patent pending and represents the next generation of software testing technology. Capable of being used early in the development cycle, it provides thorough automated testing in less time and at a fraction of the cost. AberroTest revolutionises the way development organisations functionally test software.

Background

Aberro Inc was formed in 2005 to commercialise novel concepts in software testing. The company’s product, AberroTest, was first released in December 2005 and subsequent versions have been released in 2006.

Market opportunity

The market for Automated Software Quality Tools is estimated to be over $1 billion in 2006 according to market research firm IDC. Software applications are orders of magnitude more powerful and complex today than ever before, yet application test methods and tools have not changed significantly in years. According to the US National Institute of Standards & Technology (NIST), the lack of adequate software test infrastructure costs the US economy alone a staggering $60 billion a year. NIST reports potential savings in excess of $20 billion if better tools and methods are adopted. The key is to test earlier in the development process and to test more thoroughly.

Progress/activities

The company has made strong progress since its inception. In that time, Aberro has launched with a full management team, led by CEO Doug Smith. The company released a GA (General Availability) version of the product and has begun generating revenue. Aberro recently completed a press and analyst tour which resulted in significant media and analyst coverage as well as a substantial increase in trial downloads of AberroTest. The company is expanding its sales efforts and will begin to seek third party investment later this year.

Website: www.aberrosoftware.com

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