ESG Adds Senior Level E-Commerce Engineer; Andrey Radul Joins to Provide Data Processing Expertise.Business/Technology Editors & Energy Writers PEMBROKE, Mass.--(BUSINESS WIRE)--Nov. 28, 2000 Energy Services Group (ESG ESG Enterprise Strategy Group (Veritas) ESG Emergency Shelter Grant (Florida, USA) ESG Expeditionary Strike Group ESG Electronic Service Guide (used in DVB) ), the leading E-Commerce and billing services provider for the deregulated energy market, has hired Andrey Radul as Senior E-Commerce Engineer. ESG (http://www.EnergyServicesGroup.net) provides back office EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. transaction processing and outsourced billing services to many of the nation's largest suppliers and distributors of electricity, natural gas and other deregulated services. A graduate of Moscow University with M.S. in Computer Science and Mathematics, and PhD in mathematics, Andrey's experience includes extensive design and development of complex financial applications and algorithms. He has held positions with the Departments of Mathematics at MIT MIT - Massachusetts Institute of Technology and Brandies University before concentrating solely on software development. His latest position was with Thompson Financial, where he engineered financial data processing warehouses that accommodated terabytes of data. In his position at ESG, Andrey will focus on leading core development of the scalable and flexible transaction processing system A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. . "Andrey brings significant experience from the financial industry, an industry that has already gone through deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and faced many of the same issues that we are facing today. He has engineered scalable systems that can process the amount of data that we expect to see in deregulated markets next year, especially Texas. He will be a valuable addition to the ESG team," Nate Owen, president of ESG said. About Energy Services Group ESG is the first established MSP (1) (Management Service Provider or Managed Service Provider) An organization that manages a customer's computer systems and networks which are either located on the customer's premises or at a third-party datacenter. (Managed Service Provider) in the deregulated energy industry. ESG provides data processing services tailored to meet the specific requirements of energy companies (ESPs, ESCOs, EDCs, LDCs, MDMAs, etc.) in deregulated natural gas and electricity markets. ESG is founded on the principal of providing its customers with a competitive advantage via the outsourcing model. Providing an outsource option for a relatively complex and labor intensive Labor Intensive A process or industry that requires large amounts of human effort to produce goods. Notes: A good example is the hospitality industry (hotels, restaurants, etc), they are considered to be very people-oriented. See also: Capital Intensive, Trading Dollars process, ESG eliminates their clients' need for large, up-front capital investments to participate in the rapidly evolving deregulated markets. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion