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

NZ sharemarket ends lower, spike in oil prices
Markets Market Close

NZ sharemarket ends lower, spike in oil prices

Australian, Hong Kong and Japanese share markets were all down after the attack.

Jamie Gray 13 Jun 2025
Bremworth wins $2m Kāinga Ora wool carpet contract
Primary Sector

Bremworth wins $2m Kāinga Ora wool carpet contract

The NZX-listed carpet market says the contract is of huge strategic value.

Staff reporters 13 Jun 2025
New Meridian boss warns market intervention comes with high risk
Markets

New Meridian boss warns market intervention comes with high risk

Mike Roan says electricity prices will come down in his term as CEO.

Ian Llewellyn 13 Jun 2025
NZ sharemarket flat amid global fears of Iran strike
Markets Market Close

NZ sharemarket flat amid global fears of Iran strike

NZ investors are looking with concern at rumblings in the Middle East.

Tom Raynel 12 Jun 2025