Previse Systems Sees Dynamic Market

Previse Systems says that it is seeing good momentum in the market, which has been strong since the beginning of the year. I spoke with Marc Zumstein, a week or so ago, to catch up with this relatively new vendor in the European energy arena having visited its booth at E-World a couple of weeks prior. Marc told me that he sees quite a few companies moving away from attempts to build internally along with several replacement projects that are helping to drive demand. He also points to the energy transition as a driver claiming that Previse is one of few vendors, that has strong capabilities to cover trading of renewable energy. The industry does seem to go through cycles of build versus buy in our view, and with the emergence of newer technologies and applications in the cloud, there does seem to be a preference to buy solutions now. Marc suggests though that part of the drive to buy is because “energy companies increasingly see that it is not that simple to build an ETRM solution, that such solutions are the results of many years or decades worth of lessons learnt.” He sees some companies that had begun build projects… continue reading

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