Fortech
Software Consulting, Inc.
Jan 17, 2011
Fortech Inc. launches Energy Demand Management System (EDMS™), C.E.O Bhasker Rao looking for partners.
TEMPE, AZ -- Fortech Software Consulting, Inc. announces the introduction of “Energy Demand Management System (EDMS™)” leveraging its unique Energy/Hydro Utility Operations & software expertise along with its proprietary line of other Automated Solutions. EDMS™ is a client-configurable web-based solution designed for efficiently managing Demand Forecasts/ Scheduling, Contracts management, Resource Management, Spot Purchase/Sales, Accounting, Curtailment, Settlements, E-Tagging, and Reporting functions. EDMS™ can effectively manage multiple customer accounts, contracts and pricing for the client. It helps clients to forecast, create energy schedules based on those forecasts. EDMS™ also includes Meter data/Market Index Price retrieval. This application can be easily be integrated with client’s SCADA/billing application and comes with custom and canned reporting options.
According to Bhasker Rao, Ph.D., C.E.O of Fortech Software Consulting Inc., of Tempe AZ, “EDMS™ is ideally suited for local utilities, generation and transmission cooperatives for managing the typical supply-demand challenges as well as meter data management / billing. EDMS™ is a flexible, innovative solution that increases efficiency and improves stakeholder satisfaction. The Utility Industry has varying business practices and Fortech solves this problem by letting clients adapt software to their needs through configuration.”
EDMS™ helps electric utilities balance consumption and production real-time. Total generation capacity is therefore sized to correspond to total peak demand. Using EDMS™ operators can plan to use the least expensive power at any given period, since the solutions integrates Spot Sales/Purchase capabilities. This solution would provide organizations means to eliminate excel spreadsheets by automating electronic data capture from multiple sources in multiple formats. Fortech offers a comprehensive suite of world-class energy enterprise software designed to transform business processes and seamlessly automate their business processes.
EDMS™ is available both as a Site License, Source code as well as a Hosted Service. The Company is actively looking for partnerships in the Energy domain to market EDMS™ as well as other Fortech Products & Services.
About Fortech:
Fortech Inc. provides Business Process Automation solutions that address the needs of the Energy/Hydro Utilities & Manufacturing Industry. In addition to its off-the-shelf solutions, Fortech has developed and implemented several custom software solutions. Fortech’s Services and Solutions for the Utility/Manufacturing industry utilize a combination of several leading-edge technologies and experience. In addition to its standard products, the company also provides Custom Application Development, IT consulting, Energy Consulting and Systems Integration Services.
Fortech has its corporate office in Tempe, AZ. It also has its state of the art development and R&D Center in Hyderabad & business development/customer support center in Kolkata, India.