March 26th, 2024 – Hansen Technologies (ASX:HSN), a leading global provider of software and services to the energy, water and communications industries, is pleased to announce that it has been named in the ‘Major Players’ category in the new IDC MarketScape — Worldwide CIS and Billing Solutions for Utilities 2024 Vendor Assessment.
The IDC MarketScape — Worldwide CIS and Billing Solutions for Utilities 2024 Vendor Assessment (IDC #US49060523, March 2024) — analyzes vendors’ capabilities, strategies, and comparative success in the marketplace. It also looks at how their products and services will evolve, providing metrics and context to utilities evaluating potential technology partners in this solution area. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and highlights the most influential factors for success in this market in the short and long term.
Glenn Gibson, Chief Marketing Officer at Hansen, commented: “In today’s market landscape, the modern energy and utilities provider has largely evolved from being a provider of just essential services, to now offering a plethora of new services that encompass new renewable sources of power, electric vehicles, and other energy related services. Innovation, cost optimisation and the drive for a better customer experience have become guiding imperatives for the modern energy and utility provider. Our placement within the Major Players category attests to the strength of our value proposition for the energy and utilities sectors, against the backdrop of the energy transition. Customer care and the customer experience lie at the core of everything we do as a company. The Hansen Suite for Energy & Utilities is well-placed to help companies navigate the complexities of the new regulatory reality and the customer journey.”
In addition to Hansen, newly acquired powercloud GmbH has also been recognised in the ‘Major Players’ category. For more information on Hansen’s recent acquisition of powercloud, click here.
For further information about Hansen Technologies, please visit www.hansencx.com.
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About Hansen
Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Contacts:
Adnan Bashir
Global Lead, External Communications
Hansen Technologies
+1 647-204-0999