PCI Sets New Highs in All Facets of Business Operations in 2013

PCI Sets New Highs in All Facets of Business Operations in 2013

Norman, OK – January 27, 2014 – Power Costs, Inc. (PCI) moves into 2014 with aggressive targets for new business growth after a record-breaking year in 2013 across all facets of business operations. PCI expanded its revenue, customer base and number of employees in 2013. PCI’s strength in RTO/ISO market systems software and market leadership in analytical solutions drove business growth in 2013.

Some of the 2013 business highlights for PCI include:

  • Successfully completed MISO (Midcontinent Independent System Operator) South Region integration with multiple customers using PCI GSMS enterprise platform software for Market Operations, Asset Operations, Business Intelligence and Portfolio Optimization
  • Further expanded product offerings in Data Warehouse, Business Intelligence, Energy Accounting, Asset Operations, Outage Management, Plant Interface, GADS reporting and ETagging
  • Enhanced product functionalities in Asset Optimization, Settlements Allocations and Post Analysis solutions
  • New market updates and releases in CAISO, ERCOT, MISO, PJM, SPP, NYISO, AEISO, IESO and ISONE
  • Initiated WECC/EIM development and readiness
  • Expanded the client base that uses PCI product suites on a hosted basis
  • Successfully completed annual SSAE-16 Audit
  • Competitive replacements across multiple new customers
  • Record software sale and consulting revenues

“PCI continues a successful disciplined approach to business expansion through organic growth, said Fred Lee, PCI CEO. “PCI develops our own products and expands our overall system footprint to provide our customers one source for their market system and analytical product needs. We have increased our sales revenues every year in 21 years of existence and look to 2014 with strong optimism.”

Power Costs, Inc. (PCI) is the leading provider of generation supply management and optimization software to energy focused companies. Founded in 1992 by Dr. Fred Lee, PCI continues to develop power industry software solutions, superior customer support and value-added services for top-tier energy customers. More than half of all power generation in the United States use PCI software solutions. PCI is a privately held company based in Norman, Oklahoma with offices in Houston, TX and Raleigh, NC. To learn more about PCI, please visit Powercosts.com.

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