CommodityPoint Releases TRM Vendor Perceptions Report
Houston, Texas and Brno, Czech Republic-May 27, 2009-CommodityPoint, a Division of UtiliPoint International, Inc. focused on commodity markets and trading and risk management technologies, has released its 2009 TRM Vendor Perceptions Study report. The complete report is available for purchase at the CommodityPoint online store at http://www.commoditypointstore.com/.
"The CommodityPoint TRM Vendor Perception study is repeated every two years and represents a view of how users and prospective buyers perceive the market landscape. By capturing a representation of user and buyer perceptions about the vendors in the space much is learned regarding market maturity and the overall evolution of TRM software. This study was conducted during the first quarter of 2009 and represents user and buyer views as of the close of 2008," said Dr. Gary M. Vasey, General Manager, Europe.
The survey indicates that the TRM software market landscape is becoming increasingly dominated by a group of transnational vendors and products that includes OpenLink Financial (OLF), Triple Point, SunGard Energy, Allegro Development, SolArc and Ventyx. Other vendors have a higher degree of importance in particular geographies (for example Navita in Europe and OATI in North America) or in particular industry segments (e.g., TradeCapture in Crude Oil and other segments, Abacus Solutions in the Generation segment and so on). In terms of brand recognition, this smaller group of more dominant vendors is increasingly well known.
"In general, the survey indicates that the market has matured and continues to mature. Users and prospective buyers are familiar with a broader range of vendors than at any time in the past. At the same time, there appears to be broader consensus about which vendors lead the market overall as the group of vendors mentioned by respondents as overall market leader has grown smaller and those vendors mentioned have mostly increased their perception as overall market leader. Despite that, for many segments of the industry or for specific areas of functional coverage, there is remains some confusion and disagreement over market leadership," reports Patrick Reames, Vice President, CommodityPoint North America.
About CommodityPoint
CommodityPoint is a division of leading energy and utilities analyst and consulting firm, UtiliPoint International, Inc (http://www.utilipoint.com/). CommodityPoint provides Commodity Trading & Risk Management (CTRM) research, analysis and consulting services. Our services bring insight into business issues, trends, processes and technology, to energy companies, utilities, banks, brokers, funds, investors and vendors, enhancing their competitive position and supporting critical business decisions. CommodityPoint has been formed to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets. Our principal analysts, Dr. Gary M. Vasey and Patrick Reames, bring years of practical experience to their roles. With offices in Europe and the United States, and backed by an experienced research team, our organization provides an unparalleled view of the marketplace.
About UtiliPoint® International, Inc.
UtiliPoint International is a leader in providing analysis and consulting services to the energy and utility industry. Our 76-year history and over 500 clients worldwide have led us to currently operate as an energy and utility consulting and issues analysis firm. Our staff is comprised of leading utility and energy experts with diverse backgrounds in utility generation, transmission & distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs, and international issues.
Contact:
Gary M. Vasey, Ph.D., General Manager, UtiliPoint Europe - gvasey@utilipoint.com
Patrick Reames, Vice President, CommodityPoint North America - preames@utilipoint.com