The company has enhanced customer value through its suite of highly innovative products that enable end users to efficiently manage pipeline assets as well as optimize performance.
Oil and gas pipeline management companies are reacting to the volatile market demand and competitive pricing scenarios by demanding a solution that can optimize their assets while reducing costs. ESI, with its integrated and comprehensive suite of solutions, has carved a niche for itself in a market of standalone solution providers by addressing these critical challenges. Its Titus™ suite of technologically superior and integrated software solutions combines operational and commercial processes in a real-time environment for safe, efficient, and profitable operations.
"Titus brings together solutions for pipeline design, oversight of nominations and scheduling, optimization and operations management, and, finally, accounting, in a modular suite," says Frost & Sullivan Industry Analyst Siva Kali Prasad. "Customers may license what they currently need, leveraging existing technology investments, and add modules as demands change over time."
The Titus software suite comprises of PipelineStudio®, an industry-leading pipeline design and engineering software; PipelineOptimizer®, a solution that analyzes the effect of various operational scenarios; PipelineManager®, the industry's most advanced and proven real-time modeling software; PipelineNominations™, software that manages the forecasting lifecycle process; PipelineScheduler®, a scheduling tool for managing transportation and storage; and PipelineAccounting™, oversight software that turns movements into cash.
PipelineOptimizer examines various options to move products and recommends the most desirable one based on the user's criteria. It merges modeling capabilities with actual business information such as energy rate contracts, thereby optimizing cost of pipeline operations. ESI's PipelineManager enables customers to efficiently monitor the utilization-rate of pipelines to transport fluids at optimal volume and velocity to increase profitability. The product increases the overall operational efficiency and thereby, customers' returns on investment through real-time modeling of the pipeline system.
"Within Titus, ESI offers a suite of software for the commercial management of a pipeline," observes Siva Kali Prasad. "This suite manages liquid pipeline commercial processes from forecasting to actualization, thereby improving customer service through seamless data exchange between operations and supply chain members."
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in customer values through its products and services that offer superior value to customers and aid them with increased profitability, and reduced life cycle costs. The recipient company has continually focused on providing value added products and services, addressing the changing customer needs across the industry, thereby enabling them to expand their customer base across verticals and horizontals. In addition, the recipient company has shown unparallel commitment to lead on technological innovations pertaining to changing customer needs by offering products that are specific to both general and niche applications coupled with cost effectiveness.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Energy Solutions International (ESI)
Energy Solutions International, Inc. (energy-solutions.com) is a leading global supplier of pipeline management software for the oil and gas industry. Founded in 1976 and headquartered in Houston, Texas, ESI serves more than 250 clients in 45 countries through its offices in the United States, United Kingdom, United Arab Emirates, India, Singapore, China and Canada.
About Frost & Sullivan
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