What does gentrack do? Auckland-based Gentrack is a developer of specialist software for energy utilities, water companies and airports around the world. It employs over 200 people in offices in New Zealand, Australia and the UK and services utility and airport sites across four continents. Gentrack is comprised of two leading software products - Gentrack...What is the outlook for gentrack? The outlook was looking very strong with Gentrack winning new customers including pilot projects with some of the UK’s largest power companies. This positive outlook quickly turned negative in late 2018 when Theresa May announced price caps to reduce the prices power companies could charge consumers.What went wrong with gentrack in 2014? Former darling Gentrack surprised the market in January with a large profit downgrade blamed on customer weakness in key markets, sending the share price back below their listing price in 2014. Let’s look at what went wrong. Gentrack sells software to utilities and airports.Who are the customers of opengentrack? Gentrack sells software to utilities and airports. Their customers include power companies like Mercury and Genesis who use their billing and customer management software. After establishing a strong presence in New Zealand, they expanded globally, targeting regions where there are new players entering the market.
About us The global pace of change is accelerating, and utilities need to rebuild for a more sustainable future. Gentrack provides leading utilities across the world with innovative cleantech solutions. Working with some of the world’s biggest energy and water companies, as well as innovative challenger brands, we are helping companies reshape what it means to [...]