Gentrack reports 36.4% surge in revenues to $169.8 million in 2023

AUCKLAND: Gentrack, a leading provider of software solutions for utilities and airports, announced its financial results for the year 2023, showing impressive growth in revenue, EBITDA, cash, and net profit. The company also highlighted its strategic achievements, such as launching its new g2.0 platform, winning new customers in the Middle East, Southeast Asia, and Europe,…

Hansen Technologies acquires German software firm powercloud GmbH for EUR 30m

SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…

U.S. equities dragged by utilities, technology and industrials sectors

U.S. equities closed lower on Thursday, as losses in the Utilities, Technology and Industrials sectors propelled shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.47%, while the S&P 500 index fell 1.81%, and the NASDAQ Composite index declined 2.10%. The biggest gainers of the session on the Dow Jones Industrial…

Centrica plc

Centrica plc is a British multinational energy and services company with its headquarters in Windsor, Berkshire. Its principal activity is the supply of electricity and gas to businesses and consumers in the United Kingdom, Ireland, and North America. It is the largest supplier of gas to domestic customers in the United Kingdom, and one of…

Utilligent and Infor partner to help utilities overcome business challenges

LOS ANGELES: Infor, a global 2019 Gartner Magic Quadrant leader in business cloud software specialized by industry, and management consulting firm Utilligent announce an alliance to bring their enterprise asset management (EAM) solution to utility companies to optimize maintenance operations, extend asset life, and reach new levels of efficiency. “For almost two decades, Utilligent has…