GasGenie sets up internet platform to serve £100bn market

THE FIRST dedicated internet platform serving the gas turbine industry is now up and running following the recent launch of gasGenie.com. The UK-based site will act as a worldwide electronic marketplace for gas turbine engines, components and aftermarket support. It will also act as an information point for areas including testing, finance, training and industry […]

THE FIRST dedicated internet platform serving the gas turbine industry is now up and running following the recent launch of gasGenie.com.

The UK-based site will act as a worldwide electronic marketplace for gas turbine engines, components and aftermarket support. It will also act as an information point for areas including testing, finance, training and industry events.

According to gasGenie, growing demand for gas turbine engines in sectors such as aerospace, energy and transport have created a market worth more than £100bn.

Around £34bn is expected to be spent on new gas turbines this year, and the industry’s associated aftersales market, including spares and support, is also huge.

Traditionally, buying and selling of gas turbine engines has been carried out by a large community of small dealers focused on single-sector applications. The new site claims it will give these companies a forum to broaden their markets.

From October, gasGenie will also offer site users the chance to request quotes and receive `wake-up calls’ alerting them to the availability of a specific engine or component.

The site has gone to considerable lengths to make itself easy to find. It has created a feeder address system using 500 alternative domain names which reflect engine and equipment types, or phrases commonly used in the gas turbine industry. Typing in any of these names will take browsers directly to the gasGenie site without the need to use a search engine.

GasGenie chief executive Simon Jeffs said: `GasGenie is the industry’s answer to effective and professional trading in the 21st Century and will act as a natural conduit by improving the matching of buyers and sellers across the globe.’

www.gasgenie.com

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