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Electronic Energy Information Services: An insider's guide to sourcing real-time information
Utilis Energy, LLC, Jan 2003
This unique study, written by Joseph L Link, former Vice President, Global Delivery Systems with McGraw-Hill/Platts and an individual with more than 30 years of combined electronic and print energy publishing experience, reveals an inside view of real-time systems, their content and features, how they are managed, priced and critically, how they can be purchased most cost effectively.
Recent allegations of staged and erroneous energy transactions used to manipulate pricing indices have put industry pricing publications and electronic information services under increased scrutiny. With corporate reputations and millions of dollars at risk, energy firms must gain a better understanding of real-time energy products, their capabilities and potential drawbacks.
In most instances, real-time services are not purchased wisely or utilized to their fullest potential. This limits their value, raises questions about their effectiveness and hinders corporate performance. This study provides firms currently using, or looking to purchase such systems, ways to:
Maximize their real-time information system investment by better understanding their needs. Case studies are provided to help identify the needs of various sized companies
Avoid common mistakes made when purchasing systems such as over-buying, paying too much or buying the wrong type of services
Obtain a better understanding of real-time services and how to use these services most effectively
Successfully evaluate and navigate through the thicket of information providers, distributors, and vendors and know whom to contact for what specific service
Learn how to interact with system representatives and demand better performance from them. Includes questions to ask prospective vendors, how to evaluate them and negotiate for the best deal possible
Identify future real-time information service trends
Electronic Energy Information Services is designed to enhance your organization’s use of real-time information. By implementing the study’s recommendations, firms will augment their analytical capabilities, operate more efficiently and increase their competitiveness and profitability.
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