Dewesoft d.o.o.
| File:DS logo horizontal.png Dewesoft.jpg | |
| File:Dewesoft.jpg Dewesoft's headquarters | |
| Private entity 100% owned by employees[1] | |
| ISIN | 🆔 |
| Founded 📆 | 2000[2] |
| Founder 👔 | Jure Knez Andrej Orožen Franz Degen Herbert Wernigg[3] |
| Headquarters 🏙️ | Trbovlje, Slovenia[2] |
Area served 🗺️ | worldwide |
| Products 📟 | SIRIUS KRYPTON IOLITE DEWESOFT X DEWE-43A[4] |
| Services | calibration services measurement training services |
| Members | |
Number of employees | 200 + |
| 🌐 Website | dewesoft |
| 📇 Address | |
| 📞 telephone | |
Dewesoft d.o.o is a multinational, employee-owned engineering, electronics, and software company headquartered in Trbovlje, in east/central Slovenia. Dewesoft makes data acquisition software and hardware used in test, measurement, and monitoring applications.[5][6]
Dewesoft data acquisition systems are used in the automotive, aerospace, and construction industries, as well as in the field of energy and transport.[7]
History of Dewesoft
Student Entrepreneurship Period (1996 - 2000)
The Student Entrepreneurship Period is set before the official establishment of the Dewesoft company. It is closely connected with the period of research and studies of Dr. Jure Knez, co-founder and CTO of Dewesoft. Knez established the technological foundation and presented the business idea of the future company in his diploma thesis entitled Analysis of measurement signals from vibration measurements on turbogenerators.[8] His thesis was discovered by Peter Dolenc, a measurement specialist, who invited Knez to collaborate with the Brüel & Kjær corporation. Although the collaboration between Knez and the company did not happen, Dolenc and Knez started to cooperate in the design and production of software. Knez additionally continued his studies and introduced his investigation on Steam turbine rotor dynamic behavior.[9] In the year 1999, he met Andrej Orožen, sales representative of the Austrian company Dewetron. Knez started to work with the Dewetron's measurement instruments for which he made his own software upgrade enabling the acquisition, processing, storing, and display of measurement signals on personal computers. This was the area Dewetron was underperforming, for that reason Knez and Orožen joined forces and started to look for new business and development opportunities. In the year 2000, they presented their idea to the directors of Austrian Dewetron, Franz Degen and Herbert Wernigg. The idea was approved but Knez needed to begin improving and adjusting the software for the Dewteron’s instrument. At the end of the year 2000, he produced the first version of the measurement software package named Dewesoft 5.0 which was sold in the United States and the Far East. This led to the decision to establish a company located in Slovenia.[10]
Establishment and Development Period (2001-2007)
Dewesoft was founded by four entrepreneurs coming from Slovenia or Austria with different company shares. Jure Knez with the majority (50%), Andrej Orožen (10%), Franz Degen, and Herbert Wernigg (both with 20% of shares). Knez became CTO and Orožen took the position of CEO. Degen and Wernigg did not assume management positions as they were already the executive directors of the partner company Dewetron, located in Austria. Dewesoft became a high tech start-up company and a strategic alliance partner and provider of data acquisition software to Dewetron. Although Dewesoft was a separate company, it was many times wrongly treated as a software department of their Austrian partner, by the customers.[10][3]
In the beginning, Dewesoft had only three regular employees and it was formally divided into three departments:[10]
- Management and Administration, led by Andrej Orožen
- Software development, led by Jure Knez and
- Hardware development, lead by Uroš Kovačič.
The company’s basic product was data acquisition software that connected measurement instruments with personal computers. The software was suitable for applications in different industries. Additionally, the company produced specialized hardware products which were not sold in large quantities.[10]
In 2003 Dewesoft started direct cooperation with NASA. The cooperation was based on a project of renewal of telemetric control instruments at Kennedy Space Center in Florida. Twelve Dewesoft engineers visited the space center, where they started solving telemetric problems in close cooperation with NASA's engineers. The software enabled real-time data transmission from space and automatically detected the signal from a lost Shuttle. The results were displayed from top to bottom (not from left to right), as NASA's engineers were used to reading results from the printouts. Eventually, 35 Dewesoft software packages were licensed to NASA in 2006. After six months of testing, Dewesoft software was put in operation in the summer of 2007. NASA is using the software in its Space Shuttle program as well on all of its flights.[10][11][12][13]
By the year 2007, Dewesoft was designing electronic boards for two 3rd-party products. The first one was a human body vibration meter for Brüel & Kjær and the second was a special SPI/analog-digital controller area network (CAN) device for Dewetron and Wabco.[10]
The Dewesoft engineers came to the conclusion that if the hardware was designed to support the software, the instruments would become more efficient. That realization led to the integration of software and hardware. The idea was to focus on a whole device and systems which would be able to perform special tasks rather than developing simple printed circuit boards.[10]
Transformation Period (2008-2016)
A change in the company started to happen in the year 2008 when Austrian co-founders left Dewetron. They continued to help to develop Dewesoft’s own sales network, leading the sales office as managers from Austria in 2009. In the year 2011, they exited the Dewesoft ownership structure and sold their company shares while maintaining business cooperation. Their share was acquired by Dewesoft, which meant that the ownership was completely Slovenian. In accordance with the agreement on the partial transfer of ownership shares to the engineers, four engineers who helped the company grow in terms of development entered the ownership structure in 2009 and 2014, thus receiving ownership shares of the company of 1% or 2%. In the year 2016[1] the first purchase window for shares-buying opened in Dewesoft, which allowed employees to buy stakes in the company. Today the employees have the option to buy shares in Dewesoft at a bargain price. Until August 2020, 56 employees had a total of 9% shares in the company.[10][3]
In the year 2008 Dewesoft developed its first data acquisition measurement instrument[14], named DEWE-43. At the end of 2011, they introduced a measurement instrument named SIRIUS which later developed into a line of instruments. SIRIUS was a modular hardware design with 8 channels available. The year 2014 marked the end of the development of a KRYPTON line for distributed measurement applications. From the first Dewesoft measurement instruments which had the capacity of acquiring eight signals at a time, development continued to the instruments of the capacity of up to 1300 measurement channels, making them suitable for laboratory use and different industry settings. Development also continued at the software package. At the beginning of 2013, Dewesoft divided the software package into two parts, representing two products: Dewesoft 7.x and Dewesoft X.x. Dewesoft 7.x was used as a support to Dewetron's instruments, including maintenance and Dewesoft X included all the development changes and it was given to the customers alongside the purchase of the measurement instrument.[10]
The whole development and production process of hardware instruments and software packages are located in the headquarters in Slovenia.[14]
In January 2014 Dewesoft acquired the certificates of ISO standards 9001 and 14001.[10]
The company began to grow in sales figures as well as in the number of employees which led to the first company reorganization in the year 2015 and the establishment of a new organizational structure. Five new departments were created:[10]
- Instrument and software development
- Instrument production
- Metal product production
- Purchases
- Sales and administration with accounting
From 2017 to the present
In the year 2018 Dewesoft introduced a new line of instruments, called IOLITE.[15]
Dewesoft took over the Austrian company TVE in 2019, now called Dewesoft KCW.[3]
In the year 2020 Dewesoft finished developing a new product named SIRIUS-XHS, which can measure 15 million samples per second. The instrument is used in car crash tests, explosions, etc.[3]
Finance
From the year 2016, the owners of Dewesoft, Jure Knez, and Andrej Orožen decided to open ownership of the company for their employees. Since then, the company has offered to buy shares twice a year, which can only be bought internally meaning the external investors are excluded. Thus, the company became 100% employee-owned and completely self-financed. Dewesoft distributes between 10 and 20 percent of its profits each year. In 2020, a million euros were distributed among the co-owners, and the employees participated in this according to their percentage of ownership.[16]
In 2019 Dewesoft took over the Austrian company TVE, now called Dewesoft KCW, which counts 20 employees. In the same year Dewesoft generated € 26.8 million in revenue and € 7.9 million in net profit. In 2019 Dewesoft sold their products in 50 countries, 39 percent of sales were generated in European markets, 29 percent in the U.S., and 23 percent in Asia. They are also entering new markets, the latest was Mexico.[3] During the global pandemic in 2020, Dewesoft increased its turnover by 30 percent compared to the previous year. Ninety-nine percent of its revenue is generated in the global market, with the most important markets being Germany, the United States, and China.[16][17]
Dewesoft generates the highest added value per employee among medium-sized companies in Zasavje region.[18] It is estimated with 164,000 euros per employee.[19]
Dewesoft, with estimated 40 million euros in size, is ranked fifth place in the market for measuring instruments, which is worth 1.2 billion euros.[3]
Business accelerator Katapult
At their headquarters in Trbovlje, Dewesoft established the Katapult business accelerator, with the aim of helping young entrepreneurs in the Zasavje region to take the first steps on their business journey. Dewesoft supports Katapilt with their infrastructure, thus reducing the start-up costs, and involve them in the economic cluster and common supply chain of all participating companies.[20] The investment of the business accelerator cost 2 million euros to the Dewesoft owners.[21]
References
- ↑ 1.0 1.1 "Dewesoft po lastnem modelu prenaša lastništvo na zaposlene" [Dewesoft transfers ownership to employees according to its own model]. Dnevnik. 9 May 2016. Retrieved 13 March 2020.
- ↑ 2.0 2.1 "DEWESoft d.o.o." bizi.si. bizi.si. Retrieved 28 July 2021.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 Bertoncelj, Mateja (29 August 2020). "Trboveljsko podjetje, ki ga Kitajci ne znajo posnemati" [A company from Trbovlje that the Chinese cannot imitate] (in Slovenian). Izvoznik.si. Izvoznik.si. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ "Dewesoft Data Acquisition Systems". Metromatics. Retrieved 29 July 2020.
- ↑ "DEWESoft d.o.o." AJPES. Retrieved 7 July 2021.
- ↑ "Trboveljski Dewesoft lani z rastjo prihodkov in dobička" [Trbovlje-based Dewesoft last year with revenue and profit growth] (in Slovenian). STA. STA. 29 September 2019. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ Banović, David (24 February 2020). "Trboveljska zlata gazela Dewesoft z rekordnim letom". Dnevnik. Dnevnik. Retrieved 8 July 2021.
- ↑ Knez, Jure (1996). Analiza merilnih signalov pri merjenju vibracij na turbogeneratorju. Ljubljana: Univerza v Ljubljani, Fakulteta za strojništvo. Search this book on
- ↑ Knez, Jure (1999). Dinamično obnašanje rotorja parnega turbinskega postrojenja [Dynamic rotor behavior of a steam turbine plant] (in Slovenian). Ljubljana: Univerza v Ljubljani, Fakulteta za strojništvo.CS1 maint: Unrecognized language (link) Search this book on
- ↑ 10.00 10.01 10.02 10.03 10.04 10.05 10.06 10.07 10.08 10.09 10.10 Savič, Nenad (2016). Determinants And Characteristics Of Successful Business Model Transformation (PDF). Ljubljana: University of Ljubljana, Faculty of Economics. pp. 64–92. Retrieved 20 October 2021. Search this book on
- ↑ "Small Slovenian Firm Develops NASA Software". www.telaviv.embassy.si. Retrieved 20 October 2021.
- ↑ Koman, Kristina (17 June 2011). "Vesoljski Dewesoft snuje nova presenečenja - www.finance.si". www.finance.si. Finance.si. Retrieved 20 October 2021.
- ↑ Pachlhofer, Peter M.; Panek, Joseph W. "Advances in Engine Test Capabilities at the NASA Glenn Research Center's Propulsion Systems Laboratory" (PDF). grc.nasa.gov. NASA Technical Reports Server (NTRS). Retrieved 20 October 2021.
- ↑ 14.0 14.1 Orožen, Helena (2016). Sistem dodeljevanja nalog [Task assignment system] (in Slovenian). Celje: Mednarodna fakulteta za družbene in poslovne študije. pp. 28–34.CS1 maint: Unrecognized language (link) Search this book on
- ↑ "Dewesoft na sejmu v Stuttgartu". Savus (in slovenščina). Savus. 7 June 2018. Retrieved 20 October 2021.
- ↑ 16.0 16.1 Luka, Tetičkovič (21 April 2021). "Trboveljsko podjetje, ki je v 100-odstotni lasti zaposlenih" [Trbovlje company, which is 100% owned by employees] (in Slovenian). Media 24. Media 24. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ Ogorevc, Aleš (11 September 2020). "Dewesoft je zmagovalec slovenskega izvoza" [Dewesoft is the winner of Slovenian exports] (in Slovenian). Izvoznik.si. Izvoznik.si. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ Petkovšek Štakul, Jana (11 June 2021). "Izzivi Zasavja: najmanjši BDP, polovica migrirajočih na delo drugam, slabe cestne povezave, prestrukturiranje" [Challenges of Zasavje: minimum GDP, half of migrants to work elsewhere, poor road connections, restructuring] (in Slovenian). Finance.si. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ Štakul, Matej (23 November 2020). "Primož Gorenšek, aplikacijski inženir pri podjetju Dewesoft: Ni treba, da bi avto deloval kot človek" [Primož Gorenšek, application engineer at Dewesoft: A car doesn't have to work like a human] (in Slovenian). Dnevnik. Dnevnik. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ "Dewesoft optimistično tudi v drugem polletju" [Dewesoft optimistic in the second half as well] (in Slovenian). Svet Kapitala. Svet Kapitala. 30 October 2020. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
- ↑ Lokar, Sabina (18 April 2017). "Dewesoft bo v Katapultu nudil, kar so sami potrebovali za hitrejšo rast podjetja" [Dewesoft will offer in Catapult what they themselves needed for the faster growth of the company] (in Slovenian). Dnevnik. Dnevnik. Retrieved 8 July 2021.CS1 maint: Unrecognized language (link)
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