Mega Energy Chooses SoftSmiths
Houston, TX. – May 6, 2009 –
SoftSmiths, Inc., a leading energy software solutions
and services company, today announced that Mega Energy,
a retail electric provider (REP) serving residential and
business customers in the State of Texas, went live with
SoftSmiths on-demand Software-as-a-Services (SaaS)
forecasting application, SoftSmiths ERCOT Forecaster.
The service enables REPs to
automatically download and present ERCOT Forecast and
Backcast information in user-ready format and
immediately calculates Forecast values for short and
longer horizons. Users can compare Forecast and Backcast
data with settlement level load extracts and view this
in tabular and graphical format. SoftSmiths ERCOT
Forecaster allows users to set up ‘What If’ scenarios
based on different customer profile counts and export
data into Microsoft Excel for additional analysis.
Streamlining the forecast process with
SoftSmiths ERCOT Forecaster will reduce the time spent
on data gathering, analysis and administration, thereby
improving efficiency and accuracy.
“The value proposition is very clear the
moment the ERCOT electric provider sees what SoftSmiths
ERCOT Forecaster can do for them,” said Hugo Stappers,
Director of Sales and Marketing at SoftSmiths. “This is
an affordable and easy-to-use service providing energy
forecasters the information they need at their
finger-tips in an automated fashion”.
SoftSmiths ERCOT Forecaster can be
accessed through Internet Explorer browser. No other
software or hardware needed.
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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