Abstract
This Energy Insights report provides a forecast for IT spending
on energy trading and risk management (ETRM) software by oil
and gas companies and utilities for 2007 through 2012. IDC
Energy Insights provides a overview of the current market in
six regions — Asia/Pacific, Eastern Europe, Latin America, Middle East
and Africa, North America, and Western Europe and a forecast
from 2007 to 2012, as well as guidance for vendors
serving this market.
"There are still liquidity, regulatory, and physical infrastructure
challenges in most energy commodity markets — physical and financial
— that must be faced to continue the growth of
energy trading on the pre-2008 trajectory," says Jill Feblowitz, IDC
Energy Insights analyst. "After the collapse of Enron, and slowing
of the market, ETRM sales declined. However, the good news
is that there are more market participants now active in
the energy markets than in the post-Enron period."
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