Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


Genesis & Optimation enter technology agreement

Genesis Energy and Optimation enter technology agreement

Wellington, April 4 2005: Genesis Energy, a leading New Zealand generator and retailer, has entered into a contract with Optimation for the licensing, support and development of Optimation’s complex billing platform Equip.

Genesis Energy has previously replaced an in-house system and existing systems with the Equip platform. The agreement covers on-going support, and the commitment by Genesis Energy to purchase future Equip modules currently in development by Optimation.

“Evaluation by Genesis Energy shows Equip is a world class product,” says Vince Hawksworth, General Manager Retail for Genesis Energy. “That combined with a substantial local company like Optimation to provide on-going support and development is a winning combination for us.”
Stable architecture, innovative technology

Genesis Energy has been impressed by Equip’s stability and open systems-based architecture.

According to Genesis Energy IT Manager Russell Ambrose, “Equip is a well-proven, highly stable platform built on open, enterprise-strength technology standards. It is also a unique and very innovative piece of technology that allows us to do the things that we want to achieve in our business. That combination makes Equip an attractive strategic technology choice.”

“Equip makes it easy and quick to get to data and it is easy to integrate. It also has the potential to enable increased productivity, which is a very important business driver in the energy sector,” says Ambrose.

About Optimation

Optimation ( helps businesses harness technology to produce superior business results. We deliver consulting, development, implementation and support services across the core areas of Software Engineering, Security, Infrastructure, Billing & Customer Care and Business Capability Improvement.

Optimation was founded in New Zealand in 1992. Our customers include leading corporates and government departments such as Vodafone, IRD, Westpac, the Ministry of Social Development, New Balance, Promina, TelstraClear, Australia Post and Genesis Energy.

At Optimation, we pride ourselves on our independence, demonstrated by the many customers who engage us to guide their technology strategy and to objectively assess the effectiveness of their technology solutions.

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news