March 16, 2020

Solid Growth at GPower [Article]

Rolf Sylvester-Hvid - Aktuel Elektronik

Fortsat solid vækst hos GPower [Artikel]

In the fourth edition of Aktuel Elektronik, a Danish electronics magazine, you will find a story about GPower on page 2. A story that is based on a record result for the financial year 2018/2019. The result allows us to hire even more software developers, but also to make a big investment in the further development of our software platform. Please note that the original article is written in Danish.

By Rolf Sylvester-Hvid. Read the original article here.

GPower is making a record result for the 2018/2019 financial year. The result has, among other things, allowed the company to hire even more software developers, but also enabled them to make a big investment in the development of their software platform that is targeted test projects. A further development that will benefit everything from small to large companies.

GPower is generally recognized as one of the most valuable partners for National Instruments (NI) in Denmark. This is partly due to their position as the leading company when it comes to NI’s programming language, LabVIEW, and their framework for test management, TestStand.

GPower is also considered to be a leading company in terms of innovative testing and measurement solutions to some of the world’s leading industrial companies. These solutions could be everything from development of measurement and data collection systems to be used for wind turbine optimization, to test systems for quality assurance of products.

The Staff Is Growing

The good result from 2019 is expected to continue in 2020, as GPower’s calendar is already fully booked.

The many orders mean that GPower can continue to increase the number of highly specialized employees, which the employment of an experienced LabVIEW and TestStand expert back in February also indicates. In relation to this, GPower’s CEO, Martin Boje, explains that he expects to hire more developers in the first quarter:

– The combination of a growing demand for projects and a continuous development of our own products and concepts mean that we will be hiring one to two profiles more in Q1. By comparing to 2019, we really expect the staff to increase significantly in 2020. This can be done because of the reasonable profits we have generated in 2019, and we can finally start to reap the fruits of the strategic commitment, we launched in 2017, he says.

Several employees, projects, and customers have simultaneously demanded a new organizational structure. As a result, two Tech Leads are now part of GPower’s development department. The two Tech Leads support GPower’s CTO, Steen Secher Schmidt, in relation to day-to-day operations, as well as having a leading role in development projects and further development of GPower’s software packages.

Furthermore, changes have also taken place in GPower’s sales department, where they have implemented a Tech Sales. The new Tech Sales is responsible for developing concepts, strategic cooperation agreements, and partnerships. In this way, GPower expects to be even more at the forefront of the changing market demands, which is necessary in order to provide the absolute best test and measurement solutions.

New Products and Concepts are Developed in Parallel with Projects

With this news, GPower lives up to what they said back in 2017. Here, they made it clear that the ambition was not just to act as hourly consultants. Instead, they would develop their own products and concepts in parallel with several customer projects, which they are doing well.

GPower is now looking forward to presenting their new product. They reveal that it concerns a test system that has already been sold to a couple of larger companies. That said, the system is also geared to test execution on a smaller scale. This news also means that GPower’s new and reportedly groundbreaking system is not just relevant for large but also small companies.

– From a personal point of view, I find that both small and large-scale companies are very interested in ProFactory for the reason that the investment in a smart test system will make its money back quickly. That is for instance the case in relation to product and feature development, but also in terms of cost minimization and having a future-proof system, says Martin Boje.

At GPower, they are pleased with last year’s results, but they are already focusing on how they can make the next financial year even better. In this way, they can continue to grow in the number of projects and employees, as both parameters help to invest in the further development of their own products and concepts.