MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Energy
Written by / Agency / Source: Leonardo S.p.a.
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Iren Mercato Chooses Leonardo as its Technology Partner for Energy Trading Risk Management - Iren’s digitalisation project will incorporate Bee Smart™, Leonardo’s first entirely cloud-based platform for energy trading & risk management - Irenlucegas.it / LeonardoCompany.com
Iren Mercato Chooses Leonardo as its Technology Partner for Energy Trading Risk Management

 

NewswireToday - /newswire/ - Rome, Italy, 2021/01/14 - Iren’s digitalisation project will incorporate Bee Smart™, Leonardo’s first entirely cloud-based platform for energy trading & risk management - Irenlucegas.it / LeonardoCompany.com. FNC IM; SIFI.MI

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Iren Mercato has chosen Leonardo to deliver a new cloud-based Energy Trading & Risk Management (ETRM) platform which will be used to manage the Iren Group’s energy procurement process. The platform will be flexible and provide substantial analytics capabilities while also meeting the growing need for strong digital security.

The new platform will be a tailored deployment of Leonardo’s new Bee Smart™ software suite. Bee Smart™ will facilitate the management and optimisation of Iren’s energy portfolio in a scalable and useable manner across a range of modern devices.

"The volatility of commodity prices and competitive pressures on sales have led to energy markets evolving into highly dynamic exchanges underpinned by sophisticated physical and financial products" said Gianluca Bufo, Chief Executive Officer of Iren Mercato. “We started a project to equip ourselves with highly digitized services in order to manage our supply, de-risking and portfolio hedging activities in more innovative and efficient ways. Leonardo's solution fully meets our requirements by allowing for the dynamic update of our sales portfolio as well as delivering the interoperability and flexibility required by the market, all while fully observing market compliance rules and company policies".

As well as meeting Iren’s operational requirements, Bee Smart™ features a high level of security, complying with all recent European regulations relating to critical infrastructure and ensuring Iren’s algorithmic expertise is safeguarded. This is underpinned by Leonardo’s ‘secure by design’ approach which embeds protection from malfunction and cyber attacks from the early stages of application design. To ensure performance scalability is in line with Iren’s workloads and timing, Bee Smart™ will be provided under a Software as a Service (SaaS) model via Microsoft’s Cloud Azure platform.

Bee Smart™ allows clients to monitor and interpret corporate data in real time using innovative technologies such as advanced analytics and machine learning. Employing Big Data techniques, Bee Smart™ saves every calculation made by the system into a virtually-infinite historical archive in order to enable subsequent review.

“The selection of our Bee Smart™ suite by a major customer like Iren Mercato reflects Leonardo’s growing prominence in the energy management sector. Our journey began twenty years ago with the creation of the first Italian energy exchange and continued with our ETRM solution being adopted by the main operators in the market” said Tommaso Profeta, Managing Director of Leonardo's Cyber Security Division. “With solid experience in the energy sector, in which Leonardo has its own dedicated centre of excellence, we are recognised today as a partner of choice for efficient and highly-reliable solutions and services. This is why almost all electricity-producers in Italy use Leonardo products, including the companies which manage the market itself.”

Bee Smart™ is the 4.0 evolution of Leonardo's original ETRM suite. All leading Italian energy companies have operated Leonardo’s ETRM suite since 2004, when energy trading began in Italy.

About Iren Luce Gas e Servizi

Iren Luce Gas e Servizi (irenlucegas.it) is the Iren Group company involved in the procurement, brokerage and sale of electricity, gas and heat products and services. These are in constant evolution, changing to adapt to the needs of those who use energy and the surrounding environment. The company transforms itself alongside its customers to meet their needs, ensuring that it always proposes the most suitable solution for the dynamic world in which we live.

Iren Luce Gas e Servizi offers a portfolio of packages tailored to the customer, all of which are designed to fit their daily lives and simultaneously make the environment greener by almost entirely incorporating 100% green electricity from the Group’s hydroelectric plants. The company’s experience, know-how and ability to reinvent itself in line with customers’ evolving needs has made it one of Italy’s leading energy operators. Today Iren Luce Gas e Servizi has over 1.8 million clients and has sold 2.6 billion cubic metres of gas, 87 million cubic metres of district heating volume and 15,000 GWh of electricity. As energy volumes continue to increase, the resources that the company is devoting to caring for its customers is also growing, with 3 inbound call centres, a network of dedicated accounts, 40 teleseller agencies and customer services.

Media contact: Roberto Bergandi; M: +39 335.6327398 E:- roberto.bergandi[.]gruppoiren.it.
Barabino & Partners: Giovanni Vantaggi; M: +39 328 8317379 E: - g.vantaggi[.]barabino.it.

About Leonardo

Leonardo (leonardocompany.com), a global high-technology company, is among the top ten world players in Aerospace, Defence and Security and Italy’s main industrial company. Organized into five business divisions, Leonardo has a significant industrial presence in Italy, the United Kingdom, Poland and the USA, where it also operates through subsidiaries such as Leonardo DRS (defense electronics), and joint ventures and partnerships: ATR, MBDA, Telespazio, Thales Alenia Space and Avio. Leonardo competes in the most important international markets by leveraging its areas of technological and product leadership (Helicopters, Aircraft, Aerostructures, Electronics, Cyber Security and Space). Listed on the Milan Stock Exchange (LDO), in 2019 Leonardo recorded consolidated revenues of €13.8 billion and invested €1.5 billion in Research and Development. The Group has been part of the Dow Jones Sustainability Index (DJSI) since 2010 and is named as sustainability global leader in the Aerospace & Defence sector for the second year in a row of DJSI in 2020.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Leonardo S.p.a.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Iren Mercato Chooses Leonardo as its Technology Partner for Energy Trading Risk Management

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Flavia Negretti - LeonardoCompany.com 
+39 3346378422 flavia.negretti[.]leonardocompany.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Leonardo S.p.a. securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Leonardo S.p.a. / Company Profile


Read Energy Most Recent Related Newswires:

Asia-Pacific to Lead Growth of the Personal Protective Equipment Market in the Wind Energy Industry by 2025 Says Frost & Sullivan
Vestas Turns to Nexans Windlink® Cables to Electrify the Future of its Onshore Wind Turbines
Nexans Leading the Charge of Electrifying Africa by Bringing Electricity to Rural Communities in Côte D'Ivoire
Voith Embraces Wind Power as Renewable Energy Source
ANDRITZ to Supply Electro-mechanical Equipment for Red Rock Falls Generation Station, Canada
Cooperation Between Voith and CNR in France - New Vallabrègues Small Hydropower Plant of CNR Will Soon Supply Another 15,000 Homes
Voith Equips the Ethiopian Hydropower Plant Gilgel Gibe II with Intelligent Solutions
ANDRITZ to Modernize the Jebba Hydropower Plant in Nigeria
Global Green Hydrogen Production Set to Reach 5.7 Million Tons by 2030 Powered by Decarbonization Finds Frost & Sullivan
Deschutes Valley Water District in Oregon Invests in Small Hydro with Turbine Order from Voith
ABB to Deliver Major Efficiencies for 630MW Power Plant in Mugla, Turkey
VINCI Announces Acquisition of Offshore Wind Farm Specialist EWE Offshore Service & Solutions GmbH
ABB to Develop High Power EV Charging Solution in Partnership with AFC Energy
ANDRITZ and Mercedes-Benz Energy Sign Cooperation Agreement to Supply Large Battery Energy Storage Systems for Hydropower Plants
Norway’s Largest Newsprint Producer Selects ABB for Mill Digitalization

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  SlideUpLift

Visit  JobsWare.com





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)