Salesforce is the 800-pound gorilla in utilities software firm Gentrack's corner

Salesforce is the 800-pound gorilla in utilities software firm Gentrack's corner
Gentrack boss Gary Miles says 76% of utilities globally are still running on legacy enterprise resource planning software. (Image: NZME)
Rebecca Stevenson
New Zealand Exchange-listed software firm Gentrack is best positioned to win customers as utilities firms upgrade and modernise their systems, a new report says. Craigs Investment Partners analyst Joshua Dale said Gentrack, which offered billing and software systems for energy, water and airport customers, was the best of the “best-of-breed" billing system players. Dale said Gentrack stood out as the most credible player in its market, which included rival firm Kraken, owned by Octopus Energy. Gentrack had more than 60...

More Markets

Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

NZ sharemarket drifts flat as Fed decision looms
Markets Market Close

NZ sharemarket drifts flat as Fed decision looms

The S&P/NZX 50 Index closed down 0.05% or 6.5 points.

Tom Raynel 17 Sep 2025