What Thanos does

THANOS Software GmbH is an Austrian software company headquartered in Maria Enzersdorf that develops and sells calculation4u, a cloud-based expert system for planning, calculating, and simulating human work processes using the MTM (Methods-Time Measurement) methodology. Founded in 1999 by Ing. Thomas Gehart and operating as a privately held Austrian GmbH, the company serves European industrial and enterprise customers, primarily in the DACH region. The platform is delivered in four specialized editions — office, logistic, production, and pre-calculation (Vorkalkulation) — each tailored to a distinct workforce-planning use case.

The technical foundation is a dynamic database that stores validated MTM-based work analyses and accumulates organizational process knowledge over time, and the company holds exclusive usage rights to the MTM procedure in its software. Customers include Volkswagen, Porsche, MAGNA, Tridonic, Zumtobel, REWE, and Fraunhofer, spanning automotive, lighting, retail, and research verticals. A dedicated German sales office in Wietze supports direct coverage of the German-speaking market beyond the Austrian home base.

The business model combines a software subscription (Miete/Rental), a usage-based pricing tier ("Cash by Demand") designed for lower-commitment customers, and project-based consulting services. With 11–50 employees and no external funding disclosed, the company operates as a small, founder-led, profitable-style niche SaaS vendor focused on a specialized methodology rather than a horizontal workforce-management platform.

Name

Thanos

Legal name

THANOS Software GmbH

Website

https://thanos.at

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

THANOS Software GmbH is an Austrian SaaS company offering calculation4u, a cloud-based expert system using the MTM methodology for planning, calculating, and simulating human work processes. It serves European enterprise customers in production, logistics, and administration across the DACH region.

Ownership category

akta.pro rank

Product category

Industrial Engineering Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)

Keywords

• Work process planning software
• MTM time standards software
• Labor cost calculation software
• Industrial engineering software
• Cloud-based MTM analysis

Headquarters

HQ city

Maria Enzersdorf

HQ country

Austria

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Subscription - Miete (Rental): Users rent the software for a specified period at a flat fee and can use the software unlimited times during that period (subject to technical possibilities and normal business use). The contract runs for an agreed term and is invoiced monthly or annually in advance.
2. Usage-Based - Cash by Demand: Usage fees are calculated and charged per individual use. Provides flexibility for users who do not need continuous access but want to use the software for specific calculations.
3. Consulting Services: Software consulting, individual solution development, and project support services including analysis, project definition, system programming, testing, user training, documentation, system maintenance, and ongoing development.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

THANOS develops and sells calculation4u, a cloud-based expert system for planning, calculation, and simulation of human work processes. The software applies the MTM (Methods-Time Measurement) methodology to automatically generate validated time analyses and cost calculations, enabling enterprises to optimize production, logistics, and administrative processes. It is delivered as a web application via subscription or usage-based pricing, with supplementary consulting, training, and project implementation services.

Product overview

THANOS Software GmbH offers calculation4u, a unified web-based expert system platform for planning, calculating, and simulating human work processes using validated MTM (Methods-Time Measurement) methodology. The platform operates through a dynamic database architecture and is available as a single core product with specialized editions: calculation4u – office edition for administrative processes, calculation4u – logistic edition for logistics and intralogistics operations, calculation4u – Produktion for manufacturing and assembly, and calculation4u – Vorkalkulation for pre-cost estimation and pricing decisions. The editions share a common technology foundation but target different operational domains, from warehouse logistics to production planning.

Differentiator

Problem solved

Functional benefit

Brands

• calculation4u: Web-based planning, calculation, and simulation software for human work time costs using MTM methodology. Available in office, logistic, production, and pre-calculation editions.
• calculation4u – office edition
• calculation4u – logistic edition
• calculation4u – Produktion
• calculation4u – Vorkalkulation

Products and services

• calculation4u A web-based expert system for planning, calculation, and simulation of processes with human work content. It automatically generates MTM (Methods-Time Measurement) analyses through a validated knowledge base, enabling users to evaluate optimization variants and calculate accurate planning times even in early planning phases. Targeted at enterprise customers in production, logistics, and administration.
• calculation4u – office edition Specialized edition for calculating and optimizing administrative and office services. It provides cost transparency, exact personnel planning, and optimal process organization for overhead cost areas where administrative tasks often involve overlaps or interruptions. Targeted at administrative and office functions in enterprises.
• calculation4u – logistic edition Specialized edition for logistics companies and organizations with high logistical requirements. It enables clear documentation of work steps with duration and cost, precise personnel planning, and contribution margin accounting for order evaluation. Targeted at logistics enterprises and warehouse operations.
• calculation4u – Produktion Edition for planning, calculation, and optimization of production processes. It provides transparent and calculable production processes already in the planning phase, with objective cost transparency, accurate personnel planning, and efficient value-added analysis. Targeted at manufacturing and assembly enterprises.
• calculation4u – Vorkalkulation Edition for pre-calculation to determine prices and price floors (marginal costs and contribution margins). It enables rapid and precise forecasting, flexible pre-calculation through full spreadsheet integration for strategic competitive positioning and profit optimization. Targeted at enterprises needing pre-cost estimation and pricing decisions.
• Software Consulting & Project Services Consulting and project services including analysis, project definition, system programming, testing, user training, documentation, system maintenance, and ongoing development to support customer implementation of calculation4u. Targeted at enterprise customers requiring guided deployment and customization.

Quantifiable outcome

• 25% total savings achieved in logistics center optimization project
• +3 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

One partnership is on record.

• Austrian MTM AssociationminorStrategic or Co-development PartnerTHANOS Software GmbH holds exclusive usage rights to the MTM (Methods-Time Measurement) procedure. The Austrian MTM Association is referenced as a related organization supporting the MTM methodology. The MTM process language is a globally recognized standard for describing and evaluating human work.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Emerging players

• Tulip Interfaces: Tulip provides a frontline operations platform for manufacturing and logistics, with apps for work instructions, time studies, and process improvement. It offers a modern, low-code alternative to traditional MTM-based planning, addressing overlapping use cases.
• Reflexis (Zebra Technologies): Reflexis offers workforce management and task execution solutions for retail and logistics, including time standards and labor optimization. It overlaps with calculation4u's logistics and administration editions in modeling human work time.
• iBASEt: iBASEt delivers a unified MES/MOM platform for complex manufacturing, with emphasis on work execution, time, and labor tracking. It competes with THANOS in industrial process and time management but targets larger, more complex aerospace and defense customers.

Broad incumbents

• Siemens Digital Industries Software (Tecnomatix): Siemens' Tecnomatix portfolio covers manufacturing process planning and simulation for industrial engineering. Both vendors address human-work planning and process simulation, but Siemens operates as a broad industrial software incumbent with deep ties to discrete manufacturing.
• Blue Yonder (formerly JDA): Blue Yonder provides supply chain and logistics planning software used by enterprise customers such as REWE. It is a peer in logistics cost transparency and operations planning, though addressing a much broader supply chain scope than THANOS's work-measurement niche.
• SAP (Manufacturing Execution / Digital Manufacturing): SAP's ME/MII and Digital Manufacturing solutions address production planning, labor tracking, and process optimization within the broader ERP stack. It is a broad incumbent that competes for the same enterprise IT budget that funds calculation4u.
• Dassault Systèmes (DELMIA): DELMIA provides DELMIA Apriso and digital manufacturing solutions for process planning, work instruction, and human-task simulation. It overlaps with calculation4u in time/method engineering for production and logistics, but addresses a much broader enterprise portfolio.
• PTC (Arena & ThingWorx): PTC's product lifecycle and IoT portfolio addresses manufacturing operational efficiency, including workforce and process optimization. It serves overlapping customer segments (manufacturing, logistics) but operates at a much larger enterprise scale.

Direct peers

• FORCAM: FORCAM offers a manufacturing execution system (MES) and shop-floor analytics for production and logistics customers, with a strong presence in Germany. It is a direct peer in addressing labor-, process-, and capacity-transparency for industrial customers in the DACH region.

Others

• Methods-Time Measurement Association (MTMA): MTMA is the international body that maintains the MTM methodology. It is not a competitor but a standards-body counterpart and partner; many MTM-based software vendors (including THANOS) operate upstream of its standards work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/thanos-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thanos