Previse Systems Enters Third Year in Bullish Mood

Previse Systems had its second anniversary last Monday (23rd August), Marc Zumstein told me, and in those two years, it has tripled its staff, developed an ETRM from scratch and taken several customers into production. “We have come a long way and continue to expand our team” he said. Previse is also about to complete a POC with a large utility in the Nordics where its strong capabilities in renewables have been a strong differentiator. “A lot of legacy solutions struggle in this area in reflecting market realities. It has been a bit of a sweet spot for Previse.” Previse is being somewhat opportunistic in its approach to the market bidding into all types of opportunities. “As our software matures, it is increasingly likely that our win rate will further improve. We are picking up a lot of leads, but smaller opportunities tend to suit us well as we can offer a very efficient solution that fits them well. We often also appeal to larger companies that have a specific need in a specific niche or who are struggling with legacy solutions and slow time-to-market for new instruments.” Increasingly, Marc sees a replacement market developing that again suits Previse. “The… continue reading

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