Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), and of course digitization has been and still are hot buzzwords. AI has been around for some time, while the term Machine Learning is a more recent term, often opportunistically used to rebrand AI. Machine Learning can be considered a current application of AI based
Energy and commodity markets have grown increasingly complex when it comes to trading, risk management, settlement and regulatory reporting. Trying to keep up with these developments, the monolith solutions that are supposed to manage all those activities in a single system have become nearly unmanageable, inflexible, and very costly to maintain. Since the financial crisis
In continuously evolving power markets, with highly volatile electricity prices, market participants are interested in managing their price risk in addition to their volumes and other risks. Price information from future contracts traded on standard markets do not provide the flexibility or granularity required for different intervals, such as hours of the days or weekdays.
The award-winning and web-based C/ETRM applications from Pioneer Solutions have been available for delivery in a cloud environment from the beginning. Over the years, it has been able to serve all customer deployment preferences, including traditional on-premise installation and remotely hosted by Pioneer in either public or private cloud. It is our experience that even
In one of our previous Blogs we wrote that operating in an environment where flexibility at a lower cost is required, this means a different type of technology solution and implementation is a necessary change for the future of C/ETRM. Next generation C/ETRM solutions from pioneering vendors can deliver on those requirements where legacy system and
What an exciting start to the new year! Goals and resolutions are being pursued in order to do things better or differently. At Pioneer Solutions, one goal never changes, and that’s our commitment to approach every engagement with our existing and prospective customers with one objective in mind; ensuring their success and satisfaction. We want
GDPR is the new General Data Protection Regulation from the European Union (EU) which comes into effect in May 2018.Its intention is to strengthen and unify data protection in an increasingly digitalized world for all individuals within the EU. Personal information is defined as an ‘identifiable natural person’, whether it relates to private of professional
We don’t need to dwell on how we are living in an increasingly competitive and fast-paced world. Conditions that put pressure on companies to change. Not just their markets, operations, and organizations but also their beliefs. Those willing to take risk, step out of their comfort zone and into the discomfort of uncertainty will be
