IP Systems
IP Systems Ltd. is a consultancy and IT company specialized for the liberalized European energy market. Its applications support the whole energy trading process from forecasting and nomination to allocation and accounting.
| Type | Limited company |
|---|---|
| Industry | Energy industry, Software industry |
| Founded | 2008 |
| Headquarters | Budapest, Hungary |
Key people | Ákos Füzi, CEO |
| Products | See complete products listing. |
Number of employees | above 50 |
| Website | www.ipsystems.hu |
History
IP Systems was set up in 2008. In 2011 the company started its international growth.[1]
International participation
- Gas Balancing-IP introduced in 2012 on the 4th Energy Trading Week was recommended for the use on regional level, furthermore in a unique way besides FGSZ Natural Gas Transmission Closed Company Limited, IP Systems was also invited by ENTSOG to the working group to help developing the European natural gas balancing model.[2]
Awards and appreciations
- Gas Balancing-IP won the ’ICT project of the year’ award of the IVSZ ICT Association of Hungary and National Innovation Office in 2012.[3]
References
- Company history – IP Systems’ homepage
- Hungarian success: a gas trade systems developed by a Hungarian company is the European example – Világgazdaság Online, 4 June 2012
- ICT project of the year: the common development of IP Systems and FGSZ Archived 20 September 2012 at the Wayback Machine – Computerworld, 9 July 2012.
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