SaaS Study Now Available
Brno, Czech Republic and Houston, TX—August 2, 2010—CommodityPoint, A Division of UtiliPoint International, Inc. focused on research, analysis and consulting around global wholesale commodity markets and trading & risk management technologies, has released a landmark report on alternative delivery mechanisms for Commodity Trading and Risk Management (CTRM) software. The report looks at the rising popularity in some segments of the industry for delivery mechanisms such as Software as a Service (SaaS), hosting and leasing as opposed to the more traditional on premise licensing model. The report is available for free on the UtiliPoint and CommodityPoint websites. This research and subsequent report were sponsored and supported by Allegro Development, Aspect Enterprise Solutions, IHS, Navita, Open Acess Technology International (OATI), and SolArc.
“While the traditional installed-software model is still dominant in the CTRM space, the rise and success of vendors specializing in web-delivery of comprehensive functionality serving trading ard risk management points to a growing acceptance of the SaaS model. While much of these software companies’ success has been found in selling to those mid-sized and smaller trading companies looking for an affordable solution, we have seen several larger trading shops adopt SaaS deliveried systems, perhaps indicating a weakening of many of the long-held objections to that model,” according to Patrick Reames, Managing Director, CommodityPoint, The Americas.
“Our study shows that delivery mechanisms such as SaaS are being utilize more than one might have originally thought,” said Dr. Gary M. Vasey, Managing Director, CommodityPoint, Europe and AsiaPac. “While there is significant resistence to SaaS, hosted and leased models among many larger traders who express a strong desire to retain control over data and access to applications, a majority of respondents to the survey see value in exploring other options. For vendors offering or specializing in delivery of SaaS/hosted CTRM solutions, the findings of the study appear to point to a very bright future.“
Description: CommodityPoint report on CTRM Software delivery mechanisms including SaaS, hosted and leased. Kindly sponsored by Allegro, AES, SolArc, OATI, Navita, IHS and Commodities Now.
About CommodityPoint
CommodityPoint is a division of leading energy and utilities analyst and consulting firm, UtiliPoint International, Inc. 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. 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 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. Visit CommodityPoint online at http://www.commodity-point.com.
About UtiliPoint International, Inc.
For more than 75 years, UtiliPoint International®, a wholly owned subsidiary of Midas Medici Group Holdings, Inc. (OTCBB:MMED), has been a trusted source of insight into the energy and utilities industry. With more than 500 clients worldwide, we are the leading provider of research and advisory services for the energy sector. Our company is comprised of industry experts from around the world with diverse backgrounds in utility generation, transmission and distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs and international issues. UtiliPoint International, Inc. is headquartered in Albuquerque, New Mexico, USA and can be found on the Web at http://www.utilipoint.com.
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