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

Account-checking technology poised for wider rollout
Finance

Account-checking technology poised for wider rollout

Confirmation of Payee technology used in 60 million-plus transactions in first year.

Mainfreight reports first-half margin squeeze
Markets

Mainfreight reports first-half margin squeeze

Ocean freight rates and trans-Pacific trade volumes are under pressure.

London’s AI reality check
Opinion

Peter Griffin: London’s AI reality check

Debate continues to rage about the extent to which we are in an AI bubble.

Election politics weigh on gentailer valuations
Markets

Election politics weigh on gentailer valuations

Political noise and manoeuvring are distorting the electricity market again.