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Hungarian IT Company Wins EUR 15 million Contract with BMW

Hungary Today 2024.06.20.

Gloster-Minero IT Hungary has won a EUR 15 million industrial software development contract, running until 2029, from BMW in a multi-stage international tender, the Hungarian company announced on Wednesday.

Gloster-Minero IT Hungary, a subsidiary of Gloster, will use its own team of specialists to develop the German carmaker’s global production management system, operating around the clock on three continents, for a total of HUF 5.8 billion (EUR 14.6 million), reports Világgazdaság.

A preliminary agreement on the software development contract has already been signed.

The contract will not require the recruitment of new specialists and will be carried out by Gloster using its existing internal resources without the need for any further subcontracting. Under the terms of the agreement, the parties will adjust the fee three times until the end of the assignment.

The release also points out that Gloster, which has also been a software supplier to the automotive industry for many years, won the contract at a price 25 percent higher than BMW’s previous projects of similar size and duration.

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The software to be developed is a system-critical element of BMW’s global manufacturing processes, and its continued operation is essential to the producer’s global supply chain, hence significant resources are dedicated to its ongoing development.

The importance of the project is enhanced by the fact that Gloster also provides BMW with professional software and infrastructure management services from its development centers in Szeged (southern Hungary), Budapest, and Kecskemét (central Hungary). The company performs its tasks to the highest German industry standards, as certified by the TISAX (Trusted Information Security Assessment Exchange) automotive certification.

The artificial intelligence-based resource estimation developed by Gloster engineers in the project, which is still in the experimental phase, is expected to improve the resource estimation for each subtask by up to 30 percent, allowing for a more efficient optimization of development resources. The proprietary solution is fully secure, operating exclusively within Gloster’s internal network, completely isolated from the Internet and other project data, with no client data ever being exposed to the public network.

Photo: Facebook/BMW Group

Following successful trials, the Gloster team plans to develop the solution into a private label product that can be purchased from a global software trading platform with just a few clicks.

The move is in line with Gloster’s Level Up program, in which the company’s management has decided to invest significant resources to expand its foreign markets, in addition to internal efficiency improvements. Last November, they announced that it had secured an order worth over  HUF 1 billion (EUR 2.5 million) from Sony Music, and on June 7, 2022, it signed a development contract worth a total of EUR 600,000 with German Audi.

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Via Világgazdaság; Featured image via Facebook/BMW


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