Energy trading technology moves gradually into the cloud

Energy firms and software vendors making greater use of cloud computing

Many firms expect cloud computing to dramatically change the ETRM space

In today's rapidly changing energy market, the competitive pressure faced by traders can possibly only be matched by the strain placed on technologists. With market conditions and regulation combining to squeeze revenues across the industry, many energy trading firms have been forced to review their energy trading and risk management (ETRM) systems. But partly thanks to disappointing earnings, the IT budgets at many companies are also being squeezed. An Energy Risk survey published in March

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