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
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
Digitization is the process of converting information from analog into a digital (i.e. computer-readable) format. It increases the efficiency of business processes. In the field of commodity/energy trading, C/ETRM systems provide a solution to accomplish this. To further improve the efficiency and speed of those work flows, Robotic Process Automation (RPA) is being introduced to
Next Generation C/ETRM Solutions When C/ETRM systems were introduced 20 years ago, the goal was to automate the complex and routine tasks and business processes of commodity trading, eliminating manual processes, reducing costly errors, minimizing operational risk and increasing efficiency. Today we live in an age of digital transformation, artificial intelligence, virtual reality, blockchain, and
Companies undertaking implementation of C/ETRM systems seek to reduce the risk of delays and exceeding budget. Actively collaborating creates a foundation for finding effective solutions and an environment where both vendor and customer have skin in the game and failure is not an option. To accommodate this process, following an iterative implementation methodology such as
As always when we enter a new year, business and technology trends are announced of what is expected to be next, that will shape the industry, and the industry may need to get ready for. What is in the cards on the technology side ranges from digital transformation, artificial intelligence, virtual reality, and 3D printing
There is one constant in the energy market and that is change, nowadays even more rapid than before. Consequently, energy market participants need to be able to respond to competitive pressures, regulatory requirements and economic conditions. An effective ETRM system will help in meeting these challenges. Yet to keep the ETRM system effective requires adaptability to