Evaluating and negotiating software costs – well worth the effort!

Electrical components, which include software elements are on the rise. Hardly any area of industry can afford to ignore digital transformation over the long term. Nevertheless, in many organisations, cost engineering processes are not yet up to the challenge. While steady progress is being made in establishing software skills within teams, the shift is by no means complete, and many structures are generally still geared towards cost analysis of production parts, which of course is completely different to software development cost.