Enuit Sees Growth and Readies New Technologies

Enuit has seen growth in all areas in 2020 so far according to Ken Han, CEO. It has opened new offices in Shanghai, China – in addition to its office in Beijing – and also in Tokyo, Japan, where it sees growth and potential in areas like LNG, retail power and bulk commodities, he told me. In Europe, where it opened an office in London, last year, it has also been growing adding customers, staff and Systems Integration partners.  The story in Asia-Pacific is similar with Enuit signing several new customers, particularly in LNG and metals. While the US market was sluggish in the first half of 2020, Ken has seen an improvement in the second half of the year to date.  “We see opportunities in areas like refined products due to price volatility, LNG and metals domestically,” Ken told me. India is also an area of investment for the firm. On the product side, Enuit has built out an entire Commodity Management (CM) suite of functionality in recent years where it “worked with companies like Cargill and similar to expend our footprint into the CM software market.  We think that we are now strongly differentiated as Entrade reacts to… continue reading

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