E ERGYTech ReviewHigher costs of exhaustible resources and lower profits have been knuckling down considerably at the energy sector as the pressure to procure greater production volumes is on the rise. To cope with this dynamic environment and wild price swings, companies in the energy industry often compromise on their capital disciplines and operational efficiencies, which can have serious repercussions. A big step toward tackling this predicament is to implement a highly configurable, agile, and cost-effective energy trading and risk management (ETRM) solutions. The lack of reliable systems integration and real-time market information makes meeting productivity goals hard, if not impossible. This is where an ETRM system becomes a single source of truth--insightful decision making. To generate holistic market insights, companies see the need to utilize cloud-based ETRM to obtain unparalleled workflow scalability, speed, and enterprise security with the added benefits of high resilience and real-time position reporting. The few large-scale replacements we see in the energy sector today are legacy utilities and risk management solutions that have essentially abandoned by the vendors. This has resulted in a mindboggling number of buyers for ETRM software, all in pursuit of automating business processes, front-office functions, deal captures, contract administration, and all way up to back-office functions. Having evolved in step with both business and technology trends, ETRM solutions are steadily becoming an integral part of the larger picture--the broader wholesale energy trading application landscape. Today, ETRM solutions are specifically developed to meet a diverse set of requirements and address various combinations of industrial segments, energy commodities, geographic locations, and functional reach. However, the question is what separates one ETRM solution from another? Given ETRM's undisputed capability of providing market insights, counterparty trading and risk management, leafing through this edition will allow capital-intensive businesses to keep pace with the upcoming trends, and thrive in the energy market.Toward A Sustainable Energy Future Copyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. E ERGYTech Review SEPTEMBER - 05 - 2019, Vol 05 - Issue 12Published by ValleyMedia, Inc. To subscribe to Energy Tech ReviewVisit www.energytechreview.com SalesRich Gonsalvesrich@energytechreview.comVisualizersJaxon JaseManaging EditorCharlotte SmithE ERGYTech Review*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorial StaffAaron Pierce Ava GarciaVian IsaacJoshua Parker Kenny PeruzziCharlotte SmithManaging Editoreditor@energytechreview.comEDITOR'S DESK
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