Investor Relations

Averna is a strategic partner for innovative OEMs, helping them accelerate electronic product development and improve quality standards throughout the lifecycle of their products, from design to manufacturing.

Only Averna combines off-the-shelf software, state-of-the-art hardware, customized solutions, and unrivalled test engineering expertise to empower its clients to achieve quicker time-to-market, and quality that is second to none. Averna’s R&D partnerships with technology powerhouses, its award-winning solutions, engineering and industry certifications, and people-first approach has translated into unprecedented success:

  • International company footprint with partner network that spans the globe
  • Client base that consists of world’s largest OEMs
  • Named Deloitte Fast 500 fastest-growing company in North America, year after year
  • 555% revenue growth over 5 years

Target markets and growth potential

Averna has created strategic offers to help frontrunners in telecom and electronics, aerospace and defense, automotive and other sectors stay ahead of the technology curve. These focused approaches help Averna in its mission to consolidate the following lucrative markets:

  • $330M North American test software market
  • $1.5B North American test engineering market
  • $12B worldwide test engineering market

Read more about Averna’s industry-specific offers

Solid understanding of market trends and opportunities

Averna has a comprehensive understanding of the following critical market factors:

  • R&D-intensive companies have rigorous time-to-market requirements when issuing electronics-based products, and this generates peak demands shortly before initiating production
  • Test systems represent 5-10% of R&D spending on new products; they are historically developed by test engineering groups in R&D departments, but are increasingly outsourced to companies like Averna
  • Production is now mainly outsourced to low-cost countries, but R&D companies still need to adjust their manufacturing processes and product features during the initial year of a product’s commercial life
  • OEMs are lacking a standard in enterprise test software, as well as processes and tools to standardize how test systems are built and how collaboration between OEMs and Contract Manufacturers (CMs) should be handled

Innovative responses and keys to growth

  1. Changing the OEM-CM relationship archetype

    Averna has analyzed how OEMs deal with their CMs, and has created tools and strategies to boost performance and responsiveness when launching a new product to market.

  2. The development of new, disruptive products

    Averna has invested millions into Proligent, the leader in the emerging field of enterprise test software. This advanced data management system translates test data into meaningful results, enabling high-tech companies to bring new products to market faster, with less risk.

    Read more about Proligent™

    The revolutionary URT Record & Playback System is in a category of its own, helping top RF device manufacturers ensure mobile multimedia excellence.

    • 80% market penetration among Tier 1 car radio and in-vehicle entertainment and navigation systems manufacturers
    • 30% market penetration of high-end automakers

    Read more about URT Record & Playback

  3. Building a global team of skilled, passionate experts
  4. Unwavering focus on achieving market dominance

Contact investor relations

investor.relations@averna.com