| | AUGUST 20206The energy trading sector is undergoing a massive phase shift on both technological and business fronts. As the velocity of digital adoption has increased in the ETRM space, quick trading has become a norm, and trading opportunities are closing faster than ever before. The new digital world has encouraged forward-looking energy trading companies to use automation to accomplish what their competitors are still performing manually in ETRM, and it is yielding many use cases and advantages for businesses. Some companies are also utilizing the power of artificial intelligence (AI), machine learning, robotic process automation (RPA) further to improve the efficiency and speed of their workflows while reducing the repetitive processes via a virtual worker, especially the routine and rules-driven tasks in the back office. ETRM powered by advanced analytics brings clarity through fact-based insights, ultimately giving energy professionals total control over how their businesses grow. Following this market condition, the companies are mainly adopting bespoke solutions, a hybrid of buying vs. build that can combine the innovation of a digital marketplace with the intricacies of existing ETRM technologies. The modern ETRM solutions empower business users with the ability to easily add fields and define workflow and formula-based business logic, reducing the time and cost associated with ETRM implementations and maintenance.In this edition of Energy Tech Review, we bring to you some of the leading companies that have excelled through innovation in delivering the highest quality of Energy Trading and Risk Management. We hope the inspiring success stories of these providers benefit our readers who are in pursuit of an ideal collaboration.Let us know your thoughts!EditorialMoving into Next-Gen ETRM solutions Managing EditorLaura DavisEditorial StaffVisualizersSalesAllen Jacksonallen@energycioinsights.comPaul BarberJonathan SmithAbhinov Elizabeth LeeJudy SimonTimothy CarterCopyright© 2020 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.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone:510.936.8381, Fax:510-894-8405Email:sales@energycioinsights.comeditor@energycioinsights.commarketing@energycioinsights.comAUGUST - 20 - 2020, Vol 06- Issue 11 (ISSN 2644-2574)Published Monthly by ValleyMedia Inc. To subscribe to Energy Tech ReviewVisit www.energytechreview.com Asher BlakeCharlotte SmithManaging Editoreditor@energytechreview.com
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