Opportune Seeing Big Opportunity in ETRM
Wednesday, August 18th, 2010I met up with Marty Makulski this afternoon, one of two partners overseeing the Energy Supply and Trading practice at Opportune. Marty, who joined Opportune (along with fellow partner Don Jefferis) a little over 2 and half years ago, indicated that the company is seeing tremendous growth in the ETRM space.
According to Marty, the ETRM focused group has grown from 2 (Marty and Don) in December of 2007, to “more 50 people in our practice and we expect to leave the year with more than 70. At the end of next year, we expect to be over 100″. He indicated that they are seeing a lot of business coming from companies that are in need of project management skills and product specific knowledge for new system implementations, particularly for products that support crude, natural gas and power trading. “We’ve been fortunate in that we’ve been able to not only attract some of the top ETRM consulting talent from many of our competitors, but we also been able to bring on people that have deep product expertise from having worked for the top systems vendors in the space.”
Another significant line of new business for the practice is helping companies that are in the very uncomfortable position of using products that have been “end of life’d” by their vendors. According to Marty, they are helping several clients support the Tempest product and are working with several others that are facing similar decisions with other products.
Note: I have edited this post in response to a request from Opportune. Should you have any questions regarding the previous version of this post, please contact either Marty Makulski or Don Jefferis with Opportune.
