Strong Growth for CUBS: Four New Electricity Retailers Choose Our Billing Platform
In the first half of the year, four new electricity retailers have signed agreements with CUBS for the delivery of our SaaS-based billing solution. The new customers include both established players switching from competing platforms and innovative startups looking to challenge the market with new, forward-thinking solutions.
“We’re excited to welcome four new customers who have chosen CUBS as their core business platform,” says CEO Peter Ulka. He continues: “It’s encouraging to see that there’s still strong entrepreneurial spirit in the energy sector. Several of our new customers are planning to launch their own IT solutions aimed at helping balance the grid and ensure a stable, secure energy supply. We're proud to support them with the billing side of things!”
This growth follows CUBS’ acquisition by ESG earlier this year.
“Our partnership with ESG has clearly strengthened our market position, and we’re seeing growing interest in our platform across all segments,” says Peter Ulka.
The addition of new customers is key to unlocking economies of scale, allowing CUBS to deliver more value at a lower cost than many competitors. At the same time, a diverse customer base continues to drive ongoing development and innovation across the platform.
ESG Global, a global leader in energy SaaS solutions, has acquired CUBS with the goal of accelerating its growth and development.