Global software development firm ELEKS has successfully completed the acquisition of a unique digital solution for gas market experts and stakeholders.
Berlin, Germany, July 29, 2022 - ELEKS GmbH announces that the company has entered into an agreement with GRTgaz Deutschland GmbH, the German natural gas transmission system operator, to acquire appygas, a digital platform providing advanced data visualisation capabilities for the European gas market.
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”.
ELEKS is a Top 100 Global Outsourcing Company, providing expert software engineering and consultancy services for over 30 years. Its talent pool of over 2,500+ specialists covers niches from custom software development to product design and technology advisory, making it the partner of choice for many of the world's leading enterprises, SMEs, and technology challengers.
appygas is a platform initiated and developed by GRTgaz Deutschland GmbH. appygas – an information service for gas professionals – was launched at E-world in Essen, Germany, in February 2018. appygas is a portal that provides its users with all the relevant European gas market data such as gas flows, hub and transport prices, or maintenance schedules, in one convenient place, making the gas market easy to understand.