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Smart Utility Systems to launch SUS Smart Energy Retail-Lite solution
Jan 24, 2013 (Datamonitor via COMTEX) --
Smart Utility Systems, or SUS, a provider of products, solutions and services for the energy and utility sector, has announced that it will launch SUS Smart Energy Retail-Lite, a hosted solution for handling aspects of energy trading and risk management for the retail sector.
According to the company, competitive retail markets are characterized by multi-party transactions to supply consumers and it is essential for suppliers in these markets to have access to relevant market and consumer information. SUS Smart Energy Retail-Lite is oriented towards these markets - it has the ability to interact and process retail business requirements and integrate them with the wholesale energy supply platform.
A cloud-based integrated solution, SUS Smart Energy Retail-Lite handles aspects of Energy Trading and Risk Management in the context of distributing power to retail customers. As a hosted solution, it eliminates the need for any IT resources, hardware or software from the customer.
"SUS Smart Energy Retail-Lite is one of the few vendor-supported systems that can provide the explicit capabilities to directly bridge the wholesale supply and retail portfolio divide for both natural gas and electricity retail applications," said G Satish, Senior vice president at SUS. "SUS Smart Energy Retail-Lite provides retail energy providers a systematic approach to reducing the number and complexity of systems required to manage their business and reduce their dependence on spreadsheets for a number of critical processes."
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