In May this year, ZE hosted not one, but two exciting events in Vancouver, BC; the ZEMA User Forum and the North American Energy Markets Association (NAEMA) 2014 Spring Conference and Annual Meeting, both held at the Hyatt Regency Vancouver. The ZEMA User Forum, a client-only event, took place from May 27-28, and provided an […]
ZEMA is a superior data management solution that provides its users with easy access to an extensive data library. ZEMA offers powerful and easy-to-use tools to collect, validate, and analyze large quantities of data in one centralized place. ZEMA’s analyses can then be easily integrated with downstream systems. One of the most sought-after functionalities of […]
When discussing oil, the Middle East immediately comes to mind. It is at the core of multiple current events occurring in the world, politically, religiously, economically, and in the energy market; therefore, it is no surprise that at the Platt’s Global Crude Oil Summit, there will be a session dedicated solely to core trends in […]
Organizational silos are problematic because they can lead to informational discrepancies between business departments which operate independently of one another. Data silos are extremely detrimental for two main reasons: their inflexible composition limits the amount of sharable resources, and they induce high operating costs due to a need for additional management personnel and large amounts […]
Within any industry or organization, the analyses performed on a daily basis are oftentimes the same series of calculations that are simply run for a different time period or on a different set of data. Nonetheless, those queries can require an inordinate amount of time and effort to replicate every day, from setting up the […]
In an unprecedented move, China rejected a quarter of U.S. corn imports this year after discovering the corn violated its ban on specific genetically modified foods. China found 545,000 metric tons of U.S. corn unacceptable after finding it contained MIR162, an insect resistant strain of the grain (The Wall Street Journal). Although MIR162 has been […]
Forecasting is an essential part of running a business, and historical data is a vital component of forecasting. Done correctly, forecasting helps a company plan ahead and increase its chances of remaining profitable. When it comes to data, the challenge for many companies today is finding a way to analyze abundant amounts of data in […]
I began working at ZE PowerGroup Inc. (ZE) very recently. Although I still have much to learn about the complexities of data management challenges in the energy and commodities markets, I have been impressed by the scope of solutions ZE has developed to meet these challenges. I have also been impressed by the number of […]
There are a number of factors that influence the supply and demand of energy and commodities. These include political events, such as war or civil unrest, market dynamics, financial conditions, production quotas, and, of course, the weather. Weather patterns that affect the supply and demand of energy and commodities are a key driver in determining […]
More than 1.8 trillion gigabytes of information was created in 2011, and the amount is expected to grow by a factor of 50 before 2020 (IDC Digital Universe Study). The cost to organizations of storing this information is projected to increase from US$379.9 million in 2011 to nearly US$6 billion in 2016 (IDC). With the […]