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Podcast: Digital Innovations in Oil and Gas with Geoffrey Cann
Episode: Cloud Power: Transforming Energy Trading with True Next-Gen Technology
Description: #ETRM #CTRM One of the last remaining domains of energy yet to fully embrace the cloud is Energy Trading and Risk Management (ETRM). Despite the key role it plays, the broader oil and gas sector (producers, supply houses, traders, agents) cling to old legacy ETRM systems—clunky, costly, and a pain to integrate into complex application portfolios. Trading is a high stakes game with few users, and the risk of modernizing these systems is very worrisome. However, the energy sector is now overdue to tackle ETRM, driven by rapid changes in commodity markets and global ge...