Posts Tagged ‘SolArc’

An Interview with Brad Anderson, Founder, President & CEO of Solarc, Inc. By Patrick Reames

At CommodityPoint, we will on occasion visit with the leaders of the largest suppliers of technology in the commodity trading and risk management (CTRM) space to get their take a broad range of topics, from the current state of the ETRM/CTRM market place to recent developments within their companies.

Today’s conversation is with Brad Anderson, founder, president & CEO of Solarc, Inc.

SolArc Selected by Eco-Energy

SolArc today announced that Eco-Energy, an end-to-end midstream alternative energy company founded in 1990 to fill the significant void in the transportation and distribution sector of the alternative energy industry, had selected SolArc’s RightAngle application suite. Eco-Energy provides price-focused and service-oriented solutions to a variety of companies, including bio-fuel refiners, major oil companies, blenders, retailers, and other commodity companies.

SolArc’s EMEA User Group Meeting and Tech Forum

Last week I attended the SolArc meeting in London along with my colleagues Patrick Reames and David Steele. I was honoured to present the keynote address to the meeting which was extremely well organized and attended.

Brad Anderson, CEO of SolArc, provided an update on SolArc and its activities and future plans in the morning. The company had experienced around 20% growth in 2009 almost half of which was in Europe. around two thirds of that revenue growth originated from new license sales. A key area of Brad’s presentation dealt with technology and I was intrigued to discover that Solarc is a very innovative company when it comes to technology. Not only is its SOA/ .Net migration almost complete but we saw demonstrations after lunch of a variety of initiatives that included an iPhone application for trading that was fully integrated with RightAngle, some very innovative visualization tools being utilized in various areas of the application to assist schedulers and other users and two applications developed using the Microsoft surface technology. In fact, I will go as far as saying on the basis of what we saw demonstrated, SolArc are the most innovative vendor right now with respect to utilization of new technologies.

Busy Period

Coming up on quite a busy period here in the Czech Republic. At the end of this week, CommodityPoint will move its office to the prestigious International Business Center in Brno where we will be much better equipped for client visits and the addition of further staff during the year.

International Business Centre - Brno

SolArc sell Natural Gas Software to Sprague

SolArc announced yesterday that Sprague Energy has selected SolArc’s Solution for Natural Gas to manage that company’s natural gas supply business, including deal capture, nominations, scheduling/logistics, billing and risk management.

According to the press release, Sprague has been a SolArc customer for more than five years, using RightAngle to manage their oil trading, marketing and risk management operations.