{"id":11902,"date":"2020-12-02T01:46:34","date_gmt":"2020-12-02T06:46:34","guid":{"rendered":"https:\/\/www.comtechadvisory.com\/blog\/enuit-sees-growth-in-north-america-despite-challenges\/"},"modified":"2020-12-02T01:46:34","modified_gmt":"2020-12-02T06:46:34","slug":"enuit-sees-growth-in-north-america-despite-challenges","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/enuit-sees-growth-in-north-america-despite-challenges\/","title":{"rendered":"Enuit Sees Growth in North America Despite Challenges"},"content":{"rendered":"
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North American CTRM software markets were probably the most impacted in 2020. Not only was COVID-19 and the lockdowns an issue but the collapse of the oil price around the same time added an additional and unexpected challenge. Understandably, budgets were tightened considerably for software and consulting in the producer segment, Keith Thibodeaux, VP of Sales for North America for Enuit, told me. \u201cThe marketing side of businesses were by and large still profitable, but we also saw budget tightening there too,\u201d he said. Enuit saw a couple of instances were having been selected, projects got pushed back anyway earlier in the year. Despite that, Enuit was busy and expanding during 2020. \u201cwe added some new business, but we also sold more modules to existing customers as well,\u201d he said. In the last few weeks, Enuit has seen demand improve in North American markets. \u201cWe see a combination of businesses waking up to the fact that they have grown and realized that they need a system of record with adequate controls and others realizing that their spreadsheets don\u2019t cut it,\u201d he said. As a result, they have seen good opportunities in areas like LNG, natural gas, some power and refined… continue reading<\/a><\/p>\n

Continue reading Enuit Sees Growth in North America Despite Challenges<\/a>. This article appeared first on CTRM Center<\/a>.<\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

North American CTRM software markets were probably the most impacted in 2020. Not only was COVID-19 and the lockdowns an issue but the collapse of the oil price around the same time added an additional and unexpected challenge. Understandably, budgets were tightened considerably for software and consulting in the producer segment, Keith Thibodeaux, VP of Sales for North America for Enuit, told me. \u201cThe marketing side of businesses were by and large still profitable, but we also saw budget tightening there too,\u201d he said. Enuit saw a couple of instances were having been selected, projects got pushed back anyway earlier in the year. Despite that, Enuit was busy and expanding during 2020. \u201cwe added some new business, but we also sold more modules to existing customers as well,\u201d he said. In the last few weeks, Enuit has seen demand improve in North American markets. \u201cWe see a combination of businesses waking up to the fact that they have grown and realized that they need a system of record with adequate controls and others realizing that their spreadsheets don\u2019t cut it,\u201d he said. As a result, they have seen good opportunities in areas like LNG, natural gas, some power and refined… … continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nEnuit Sees Growth in North America Despite Challenges | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"North American CTRM software markets were probably the most impacted in 2020. 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