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Power Costs, Inc. combines Pentaho and QlikTech to analyze P&L in near-time
Orlando, FL, – August 19, 2010 – Pentaho Corporation open source business intelligence (BI) leader, today announced that Power Costs, Inc., (PCI) the leading global provider of energy supply management software has successfully deployed the Pentaho BI Suite Enterprise Edition integrated with QlikView at three energy companies. The joint solution allows Power Costs' customers to mine massive amounts of data quickly to help improve their Day Ahead and Real-Time operational Profit and Loss (P&L).
Power Costs provides asset optimization solutions to many of the leading power generation and trading companies in the world. The PCI GSMS (Generation Supply Management System) generates 5-10 GB of data a month for each customer which is critical to monitoring their P&L. Prior to using the Pentaho and QlikView business Intelligence solution, Power Costs found it difficult to analyze the large amounts of data and quickly respond to user needs of ad-hoc vertical and horizontal data drilling to find root causes of P&L leakage.
After evaluating several BI options including SAP (Business Objects), IBM (Cognos) and Microsoft BI products, Power Costs selected Pentaho BI Suite Enterprise Edition because of Pentaho's comprehensive feature set, rapid and easy integration with PCI GSMS and exceptional value. The PCI GSMS solution is powered by the Pentaho BI Suite, and supplemented with the analyzer solution from QlikView. A major component of the Pentaho BI Suite is Pentaho Data Integration, the industry’s most widely deployed data integration offering, which helps move data from the Power Costs transactional system to a data warehouse. Power Costs also leverages Pentaho Reporting, Dashboards and Analyzer tools for additional analysis and visualization. The result is a frictionless process for creating, delivering and consuming relevant business data that drives close collaboration between BI application developers and end-users.
"The Agile BI capabilities of Pentaho Data Integration completely streamlined the way we interact with our business users to build data marts that enable them to create relevant reports," said David Nilsson, vice president of product management, Power Costs, Inc. "It has allowed us to move the data closer to the end users, creating seamless collaboration, reducing time and difficulty in creating reports, and giving a faster time to value in allowing our customers to make faster decisions that impact their business."
"The Pentaho BI Suite was developed from the ground up as an open framework so that it could easily integrate into any project," said Richard Daley, founder and CEO, Pentaho Corporation. "The unified BI development environment enables companies like Power Costs, Inc. to take advantage of our full feature functionality within days, at a fraction of the cost of proprietary solutions."
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About Power Costs, Inc.
Power Costs, Inc. (PCI) is a leading provider of generation supply management and optimization software. PCI has grown steadily since its incorporation in 1992 by providing best of breed software, superior customer support and value-added services. PCI software is used to optimize nearly half of all generation in the United States and is recognized for delivering solutions that are critical for operations and for asset, financial and risk management. The company's client base includes energy companies that collectively participate in all North American markets. For additional information regarding PCI, visit the company's website at www.PowerCosts.com.
About Pentaho Corporation
Pentaho Corporation is the open source business intelligence leader. Thousands of global organizations deploy Pentaho software to make faster and better business decisions that positively impact their bottom lines. Pentaho provides a comprehensive BI suite that includes capabilities for data integration/ETL, modeling, data mining, analysis, reporting and dashboards. The Pentaho BI suite supports the company’s Agile BI initiative, which enables organizations to build BI applications more quickly, respond to business changes more easily and expedite time-to-value for up to 90% less cost than traditional BI vendors. Pentaho was founded in 2004 and is headquartered in Orlando, FL, USA. For more information, visit www.pentaho.com.
