Cost Xpert AG Backed by T-Venture

Cost Xpert AG, an Augsburg, Germany-based solutions provider   of a soltion for systematic cost estimation of IT/software projects, has received an investment of undisclosed amount from T-Venture.

The company intends to use the funds to create additional services.

Founded in 2005 by CEO Joachim A. Gielnik and Benedikt H.-C. Barbe, Cost Xpert has developed the Integrated Methodology-driven Estimation (IME) solution, which ensures the planning and management of complex IT projects. Its methodology, based on scientifically proven methods and models, is designed to allow realistic estimates for all relevant factors, over the entire lifecycle, across all domains.



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