It has been quite a while since we had talked with anyone at all over at Allegro and so there was quite a bit of catch up required in our recent call. We spoke with ION’s Mike Ravo and Dawson Cooper who told us that post-acquisition, ION had shifted Allegro’s strategy from rapid growth across all commodities to focusing on areas where Allegro had the strongest functionality. That strategy also emphasized a “customer for life” approach with existing customer base expansion rather than pure market share growth,” they said. Given the products’ functional footprint and natural strengths, its primary focus remains oil, natural gas, power and environmental products markets with strong global presence in power sector. “Demand is driven by industry volatility, new regulations, and companies transitioning from tactical physical operations to forward risk management,” Mike Ravo, product owner, told us. Demand for the software remains strong. Allegro continues to utilize the Microsoft .NET stack with C# programming language used for customer extensibility. Cloud adoption across customers in general is building momentum, including ION Cloud, they told us. To encourage customers, ION is continuing to invest in cloud-native capabilities including Docker deployment for faster, more efficient cloud implementation and its… continue reading