SoftSmiths Named in the Magic Quadrant for ETRM Market
by Leading Analyst Firm
– March 24, 2011 – SoftSmiths, Inc., a
leading energy software solutions and services company,
today announced that it was included in the “Magic
Quadrant for Energy Trading and Risk Management”
published March 18, 2011 by Keith Harrison and David
Furlonger of Gartner, Inc.
Energy trading and risk management
platforms provide energy market participants with a
means of optimizing the physical and financial positions
of multiple commodities. This Magic Quadrant analyzes
the leading providers of these platforms.
SoftSmiths, Inc is an industry pioneer
of energy transaction management solutions and services
for power and gas utilities, generators, transmission
providers and Retail Electric Providers. SoftSmiths’
seamlessly integrated TMS platform helps asset-centric
companies with a focus on physical transactions to
automate their processes around forecasting, resource
management & planning, position management & trading,
scheduling, ISO/RTO communication, and accounting.
SoftSmiths’ proven solutions and in-depth knowledge of
the industry’s business practices allow our customers to
sell, purchase, trade, and deliver energy in the most
efficient and cost-effective way.
About the Magic Quardant
The Magic Quadrant is copyrighted March
18, 2011 by Gartner, Inc. and is reused with permission.
The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It
depicts Gartner's analysis of how certain vendors
measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and
does not advise technology users to select only those
vendors placed in the "Leaders" quadrant. The Magic
Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner
disclaims all warranties, express or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
SoftSmiths, Inc. delivers critical electronic
energy trading and operations solutions and services
that enable energy industry participants to enhance
profitability and reliability in the competitive
marketplace. SoftSmiths' proven solutions and in-depth
knowledge of the industry's business practices allow its
customers to automate manual processes, eliminate
redundancies, and increase business visibility across
the enterprise to allow faster decision making and more
informed decisions, thereby improving profitability,
operational efficiencies and cash flow. The company has
been successfully delivering e-business solutions to
energy service companies since 1997.
SoftSmiths is a registered trademark of SoftSmiths,
Inc. All other products are trademarks or registered
trademarks of their respective companies.
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