ELEKS Extends its Product Portfolio by Acquiring appygas, A European Gas Market Data Platform
Established in 2017 as a start-up initiative of GRTgaz Deutschland, appygas now operates in over 12 market areas and collaborates with Europe's largest energy companies. As a technology partner, ELEKS has been the driving force behind the technical implementation of appygas services from the very start. The company has been guiding the whole product development cycle of my.appygas digital portal as well as their tailor-made cloud-based solutions.
"Now a global software development firm that operates in over 20 countries, ELEKS started as a product company providing a technology solution for European power systems management. With our 30 years of software development experience and an in-depth understanding of the industry's unique challenges, we are looking forward to extending the appygas platform with advanced customizations, extra integration features and much more. We aim to deliver greater efficiencies and value to appygas customers."
"While the gas and energy sectors are facing a major disruption now, the industry has recognised the urgency of considering modern data analytics. Data-driven forecasting and planning solutions can enable faster and smarter strategic and operational decision making. We believe appygas has the potential to make a real impact on the market."
For GRTgaz Deutschland, the appygas experience is the proof that TSO and Innovation is not a contradiction. appygas has been a real challenge as a non-regulated business operated by a network operator.
"Today we are very proud of our achievement in bringing more transparency to the gas market. Major market players and large companies have trusted appygas and are satisfied users", said Moran Gelber, Head of appygas. "The next steps for appygas' growth require additional IT resources and capabilities to expand the scope and develop more functionalities. As our partner from the beginning, we trust ELEKS to continue the successful development of the platform."