GTK
08/10/2014 09:10
GENERAL
REL: 0910 HRS Gentrack Group Limited
GENERAL: GTK: Gentrack Announces Latest Release of Software Solution
8 October 2014
GENTRACK ANNOUNCES LATEST RELEASE OF SOFTWARE SOLUTION
Gentrack Group Limited (NZX/ASX: GTK), a specialist provider of software for
utilities and airports, announced today the latest release of its Gentrack
Velocity solution, offering proven Cloud based billing and CRM solutions for
energy and water utilities.
The release follows the success of Gentrack Velocity billing and CRM projects
with utilities in the UK using both the Amazon EC2 Cloud and UKFast, a
private Infrastructure as a Service (IaaS) provider. According to Gentrack
CEO James Docking, the Cloud has quickly become a delivery option considered
by utilities looking for infrastructure savings and pay-as-you-go access to
computing resource to support key meter-to-cash activities.
"Deployment into the Cloud has supported the growth of the Gentrack business
in the UK where there are new energy start-ups and utilities who need the
Velocity software to drive their customer growth but don't necessarily have
the IT expertise or capital budget to run an on-premise solution."
Venturing into the Cloud extends the deployment options for the business,
supporting a rapid implementation of the Velocity Billing and CRM system. It
also enables the business to extend its hosting service offering for
utilities, offering technical support services designed to maintain the Cloud
infrastructure, service availability and resourcing requirements.
"We were one of the first utilities software vendors in New Zealand to
successfully go to the Amazon Cloud, working with the GLOBUG team at Mighty
River Power in 2009. As a result we have established a strong level of Cloud
expertise, and subsequently implemented Velocity into the Amazon Cloud for
Flow Energy in the UK, and into a privately hosted infrastructure for LoCO2
Energy, our newest energy customer in the UK. We are now able to offer energy
and water utilities a range of deployment options including Cloud hosting
backed by Gentrack's technical infrastructure services, and Business Process
as a Service where we take responsibility for the ongoing configuration and
management of the system on behalf of customers."
Headquartered in New Zealand, Gentrack retains its R&D centre in Auckland
with specific focus on delivering the essential meter-to-cash capabilities
for utilities in core growth markets. This includes consideration of the
technical infrastructure and environment in which the product can be
implemented to optimise the value to customers.
"The Cloud continues to evolve as service providers compete for market share.
From Gentrack's perspective, our R&D philosophy ensures that we retain the
flexibility in the Velocity software to support deployment in the Cloud and
on-premise; the choice is the customer's at the end of the day. Where
start-up utilities are looking for rapid deployment of systems to support
their new business, the Cloud is often a great place to start. Our latest
technology also caters for larger utilities looking to take niche billing and
customer management projects to the Cloud."
END
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Media Contacts:
Aaron Baker
Marketing Manager, Gentrack
Ph: +64 9 966 6100
[email protected]
About Gentrack
Auckland-based Gentrack is a developer of specialist software for energy
utilities, water companies and airports around the world. It employs 200
people in offices in Auckland, Melbourne, Brisbane and London and services
more than 150 utility and airport sites globally.
Gentrack is comprised of two leading software products - Gentrack Velocity
and Airport 20/20. Gentrack Velocity is a specialist billing and CRM product
designed for Energy utilities and Water companies in competitive and
regulated utilities markets. Airport 20/20 is a comprehensive Airport
Management System engineered to optimise an airport's operations through
streamlining airport information flows and transforming the passenger
experience.
End CA:00256189 For:GTK Type:GENERAL Time:2014-10-08 09:10:31
