IP_Systems

IP Systems

IP Systems

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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.

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History

IP Systems was set up in 2008. In 2011, the company started its international growth.[1]

International participation

  • Gas Balancing-IP was 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 were 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

  1. [1]
    Company history – IP Systems’ homepage
  2. [2]
    Hungarian success: a gas trade systems developed by a Hungarian company is the European example Archived 12 July 2015 at the Wayback Machine – Világgazdaság Online, 4 June 2012
  3. [3]
    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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