[CONTENU PARTENAIRE] The French company Faveod has recently been included in the Top 500 Growth Champions 2022 of Les Échos (181st) and the Top 1,000 Growth Champions in Europe for its Faveod Designer® technology. This development technology allows the user to design and produce software, of which he will be the sole owner. Alice Jéru and Yann Azoory, co-founders of Faveod, explain to us the challenges of this technology.
What is the Faveod Designer® technology?
Alice Jéru: This technology makes it possible to design and produce large-scale software, with unparalleled benefits, starting with the speed of development† All repetitive tasks are automated to save developers time. The source code of the entire software is produced immediately and without error. Such speed makes it possible to be hyper-flexible. For example, developers can even design digital solutions directly during workshops with customers. This is an unprecedented approach in the software market!
Yann Azoury: Faveod Designer® makes it possible to be more in line with customer expectations. Indeed, they can get the software they want, regardless of the level of complexity or specificity of their need, since the software is 100% custom made† The Faveod Designer® technology is aimed at large accounts, all business sectors combined. Our main customers are government ministries (such as the Ministry of Solidarity and Health) and CAC 40 companies. They have complex needs and cybersecurity and performance issues.
How is software cybersecurity ensured?
AJ: Cybersecurity best practices are already taught at the core of Faveod Designer® technology. When the software is produced, these lines are automatically integrated into 100% of the source code: this would be impossible by hand! In addition, it is possible to rely solely on Open Source technologies, with a completely open hosting choice. A French customer who so wishes can therefore be hosted on servers in France.
What sets you apart from other software vendors?
YA: Our business model is different: not the customer no subscription or license to pay† This is an essential economic benefit, as the software designed is aimed at millions of people. However, meeting economic constraints comes at a significant cost, at the expense of other budgets provided by customers. Faveod therefore encourages them with its economic model to value innovation and responding to new needs.
How does your solution simplify software development?
YA: Software publishers usually impose their architecture, their operating system and their tools. However, this model is complex, as each element requires technical knowledge to use it. At Faveod, the product software adapts to the customer’s purpose† Software can be rewritten instantly, regardless of technical limitations.
AJ: Let’s take the example of the core software of an information system. If it is based on a language in which a security vulnerability is detected, it can be very complex to fix it in the traditional way, i.e. by hand. On the other hand, this task becomes easier when software is developed with Faveod Designer® technology. If language A is “defective”, just indicate that you want to work on another version (language B): all source code is rewritten accordingly and the security flaw is bypassed†
YA: In this way, Faveod guarantees its customers total transparency about their software. They remain the owners of their software and masters of their decisions.
Can you give us application examples?
YA: In particular, we participated in implementation of the alimony reform† Its purpose is to ensure the payment of all alimony by assigning a financial intermediary role to the Child Benefit Funds. Capgemini teams developed the software in 2020 using Faveod Designer® technology. It has been officially in production since early 2021 and continues to evolve. This project was implemented quickly, even though it involved three ministries: the Ministry of Solidarity and Health, the Ministry of the Interior and the Ministry of Justice.
AJ: The software has been built little by little above the application decrees voted in the National Assembly. It was therefore necessary to be very agile to follow the parliamentary rhythm, hence the importance of a technology like ours. Faveod Designer® technology was also used to design Rail Incident Management SNCF Software† It is able to alert stakeholders, including authorities, and resume traffic as soon as possible. It also informs travelers faster in the event of an incident. The president of the SNCF Guillaume Pepy had also followed this project at the time.
YA: Another example, we supported an operator who was having problems with financial software. The response times were too long, which made the work of the employees more difficult. The failed part was then re-coded with our technology, achieving much better performance.
What do you think are the expectations of companies today in terms of software?
AJ: Our customers are increasingly concerned with: challenges of cybersecurity. In the current geopolitical context, there is a real question about the digital sovereignty †
YA: Added to this adequacy issues with users’ needs† Companies want to design IT tools adapted to the needs of their employees, to preserve their talents by providing them with a serene working environment. They therefore need good software, safe and compliant with the law (especially with regard to the GDPR).
Companies are also sensitive to cost reduction guiding their software, in order to be able to launch other projects in parallel. Finally, the concept of durability (as promised by Faveod) is essential, as these tools need to be profitable over time.
This content was produced with SCRIBEO. The editors of BFMBUSINESS did not participate in the production of this content.