News & Events Overview
SoftSmiths in the News
Events
White Papers
 
 
 

Discount Power Switches to The SoftSmiths Cloud for Energy Supply Management

Houston, TX. – April 24, 2014 – SoftSmiths, Inc., a leader in enterprise cloud applications for energy transaction management, today announced that Discount Power has selected SoftSmiths TMS applications to manage its energy supply management.

Discount Power, a competitive load serving entity owned by Nooruddin Investments / Volterra Energy and serving residential and commercial customers in the ERCOT market, will migrate off its legacy systems and unify its Deal Capture, Load Forecasting and Position Management in the SoftSmiths Cloud, laying the foundation to support its business needs of today and the future.

Discount Power required a fully integrated solution to streamline operations and obtain clear visibility of their load/supply position. SoftSmiths is the only provider that gives these companies a solution with a basic yet comprehensive functionality at an affordable cost. Retail Electric providers, with little or no IT resources and a budget focused on maximizing trades and operational efficiencies, can now move away from individual spreadsheets and inefficient processes as they look to expand, profit, comply with regulations, and compete for credit with banks.

We chose SoftSmiths Cloud-based solution because of its superior out-of-the-box capabilities and no need for software and hardware installations that would add cost and required IT resources," said Mohsin Hassan, Chief Operating Officer at Discount Power. “With SoftSmiths we have the automation capability that is essential for participating in the competitive retail market in Texas.”

"The SoftSmiths Cloud delivers Retail Electric Providers the technology to automate their processes to mitigate the financial and operational risks, and simplify their IT infrastructures.” said Larry Stone Director of Development at SoftSmiths. “We are very pleased with the selection of SoftSmiths by Discount Power.”

About SoftSmiths

SoftSmiths, Inc. is a leader in enterprise-class, Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths applications process more than 75 billion kilowatt hours per year for its clients in North America. SoftSmiths delivers energy trading, operations, and settlement solutions designed for today's energy marketing and load serving organizations and the way they conduct their business. Delivered in the cloud leveraging a modern technology platform, SoftSmiths offers a fresh alternative to legacy ETRM systems. Visit us at http://www.softsmiths.com.

SoftSmiths is a registered trademark of SoftSmiths, Inc. All other products are trademarks or registered trademarks of their respective companies.

Contact Information:

SoftSmiths Inc.
Hugo Stappers
Phone:    713.626.9184
Fax:          713.626.0186
Email:      mkt@softsmiths.com
Website:  www.softsmiths.com

Linked in

 



© SoftSmiths 1997-2014 - All Rights Reserved. Legal/Privacy



 

NEWS RELEASES

Would you like to know more ?
Click here to read answers to our frequently asked questions.

Request a customized consultation and demonstration of the SoftSmiths solutions with one of our experts