Philadelphia, PA — April 1, 2004 — The Skipping Stone 2004 Energy Transaction Software Report shows signs of promise in the wholesale energy merchant markets. According to Peter Weigand, Chairman and CEO, Skipping Stone Inc., “we are encouraged by signs in the vendor market that the corner has been turned after a rough couple of years.”
A key barometer for measuring the energy technology turn-around is in the ebb and flow of software vendor employee head count. Over the last 12 months, all of the vendors surveyed have either maintained the same size staff or have added to it. The vendors are split roughly in half, with 46% staying the same size and 54% reporting employee additions. Of those who have added staff, the growth rate has averaged a whopping 19%. None of the vendors reported a reduction in head count.
Mr. Weigand goes on to say that, “whether you are comparison shopping for a new system or simply looking for best of breed modules to fill gaps, this report will save you hundreds of research hours. We often combine the report with our consulting tools and templates to significantly shorten the selection process for our clients.”
Skipping Stone’s 6th Annual Energy Transaction Software Report is the most comprehensive transaction management software guide available. With more than 300 pages, the report fully describes 43 of the most popular software vendors with offerings in the energy transaction vertical.
New for the 2004 edition, Skipping Stone has included a phone interview survey with vendor participants, along with over 350 functionality data points from the online survey, covering technical, deal capture, risk management, credit management, transportation and back office billing, as well as company profiles and detailed contact information.
The report is available online at www.skippingstone.com.
Skipping Stone, Inc. is an energy consulting and technology firm founded by innovative business leaders from the energy industry. Skipping Stone’s proven professionals serve the energy marketplace with a broad mix of products and services that assist companies from initial business planning through maturity. More information on the company is available at the Skipping Stone Web site, www.skippingstone.com.
For more information, contact:
Skipping Stone, Inc.