The CTRM Blog

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.

According to Mr. Gordon, the company has had a good start in Europe with its products signing a major UK-based energy company late last year and extending its relationship with North American clients by providing its software to their European operations. It is also apparently in the final stages of closing a number of other European clients. Mr. Gordon points to ZE’s forward curve management capabilities as a differentiator over its competitors and a key aspect of its success in Europe.