IP Systems Ltd. is a consultancy and IT solution provider specialized for the liberalized energy market. Our applications support energy system operators in merchandising their gas or electricity transport and distribution infrastructure as a service. Energy traders have the resort to these services, enabled by IP Systems’ solutions.
Our applications for traders support the business with contract and portfolio management, forecasting, nomination and scheduling, allocation and accounting.
According to directive 3 of the European Union, vertically integrated enterprises are obliged to provide access to energy traders outside the corporate group (Third Party Access – TPA). The clue problem about business use of energy infrastructure is that the possibilities of storing the energy are rather limited. This means that energy amount fed in and taken from the system have to be in balance. To solve these problems, we offer our IT platforms and expertise obtained on this area.
Our company was set up in 2008 by experts having wide spread experiences on the field of IT technologies. The founders worked earlier for the most important players of the domestic IT market as executives, analysts and developers. They managed more significant energy market projects being responsible for controlling and organising dozens of people’s job.
The main goal of founding the enterprise was to satisfy the demands appeared on the field of developing and operating IT systems meeting the special requirements of the energy sector. Although, our company still does not have a long history, during this short period we have already successfully realised some important projects together with some significant members of the Hungarian electricity and gas market.
IP Systems is a knowledge-based company. We believe that the knowledge of our staff and the knowledge what our in-house cooperation is represent is a key factor in our success.
More than 70% of IT developments fail, the customers don’t use the result of these projects. IP Systems has never failed a project.
The adaptive methodology of the development gives us the capability to ship the usable software products quickly.
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