The CommodityPoint TRM Vendor Perception study is repeated every two years and represents a view of how users and prospective buyers perceive the market landscape. By capturing a representation of user and buyer perceptions about the vendors in the space much is learned regarding market maturity and the overall evolution of TRM software. This study was conducted during the first quarter of 2009 and represents user and buyer views as of the close of 2008.
The survey indicates that the TRM software market landscape is becoming increasingly dominated by a group of transnational vendors and products that includes OpenLink Financial (OLF), Triple Point, SunGard Energy, Allegro Development, SolArc and Ventyx. Other vendors have a higher degree of importance in particular geographies (for example Navita in Europe and OATI in North America) or in particular industry segments (e.g. TradeCapture in Crude Oil and other segments, Abacus Solutions in the Generation segment and so on). In terms of brand recognition, this smaller group of more dominant vendors is increasingly well known.
The study was kindly sponsored by Navita and supported by SolArc.