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The crash in crude oil prices, distress at traditional electricity utilities and other industry woes are having an impact on the technology spending practices of energy trading firms. Budget constraints are now viewed as the number one IT challenge facing energy companies, according to the 2016 Energy Risk energy trading and risk management (ETRM) software survey.
Some 79% of respondents said their company’s IT budget for this year had stagnated or decreased
The week on Risk.net, March 10-16 2018Receive this by email