The CTRM Blog

Brady Plc is the only publicly held CTRM vendor in the space.  Being public, and therefore being required to report their financial results, the company provides some unique insights into the health of the CTRM market, especially in their core market area of Europe.

According to their press release of January 16th, the company saw a 70% year-over-year growth in revenues in 2011, including increases in recurring revenue (revenues from support & maintenance, license “rentals”, etc)  of 145%, which represents about 52% of their total 2011 revenues.  Recurring revenues in 2010 were only 36% of total revenues.  They noted that they had secured 14 “substantial” new license sales in 2011, versus 10 in 2010.

ZE PowerGroup was established in May 1995 by Dr. Zak El-Ramly as a strategic consulting and software development firm to serve the emerging needs of energy markets in transition. It’s product; ZEMA, an Enterprise Data Management (EDM) solution designed for supporting risk management, trading, and operations at energy and financial firms, is widely used in North America across the industry including at utilities, associations, municipalities, marketers, end-users, joint action and government agencies, power producers, natural gas producers, energy marketers, large industrials, and consumers. Last summer, it established a presence in Europe. I spoke with Mr. Ian Gordon about ZE’s European activities recently.