Trellis Energy Launches as a Standalone Company to Integrate and Optimize Natural Gas Transactions
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Spun-off from Blackstone Technology Group, Trellis Energy appoints
industry veteran and co-founder, Rakesh Agrawal as CEO and President
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The new entity will continue helping energy companies automate
critical business processes with its Trellis™ natural gas transaction
management platform and also bring to market cutting edge solutions in
Analytics, Grid of Things, Mobile and Cybersecurity
Trellis
Energy, formerly a part of the global IT services and business
consulting firm Blackstone
Technology Group, today announced its launch as a separate corporate
entity, wholly owned by Blackstone. The new firm will continue to
provide the Trellis™
natural gas transaction management platform that manages energy
transactions and automates critical processes in natural gas production,
gathering, and various delivery from pipeline to storage and end users
behind city gate including gas supply planning and optimization. In
addition, the company will also absorb Blackstone’s Digital Services
practice for the energy sector, in order to provide energy companies
with software and services in the areas of Big Data Analytics, Mobile,
Cybersecurity and the Grid of Things (GoT).
With more than 50 employees and offices in San Francisco, Houston,
Denver and Washington D.C., Trellis Energy will continue providing an
exceptional level of customer service to its current clients – which
include some of the largest natural gas and electric companies in the
U.S. – as well as to its future customers. Under the leadership of
Rakesh Agrawal, the newly-appointed CEO and President, Trellis Energy
will focus on serving energy companies in the areas of Gas, Liquids,
Oil, and Electric with leading-edge software and services solutions
including the company’s natural gas transaction management platform that
enables energy companies to easily keep up with the highly dynamic
market and regulatory changes.
“Traditionally, the natural gas industry has relied heavily on manual
processes and spreadsheets, even as the adoption of technology has
grown, leading to many ad hoc system implementations,” said Rakesh
Agrawal, CEO, Trellis Energy. “With the Trellis platform, we
offer true web-based, secure and completely automated and integrated
software modules that manage business processes throughout the natural
gas supply chain, in a single-platform. In using a software-as-a-service
(SaaS) model, we allow energy companies the flexibility to choose
either an on-premise or a hosted solution, based on their size, need and
budget. We are very excited about this spin-off as this will allow us to
serve our customers better and with additional software and services to
further their leadership in their respective markets.”
“The reorganization and spin-off of Trellis Energy as a separate entity
reflects Blackstone’s continuous desire to drive the latest innovation
in the energy industry, and its commitment to accelerating the future
growth of the Trellis™ platform,” said David Mysona, CEO of Blackstone
Technology Group. “Under the Trellis Energy brand, the new organization
will be able to take full advantage of energy market opportunities and
significant market needs in order to develop and deliver products and
services that leverage Trellis Energy’s vast experience in energy and
digital services. I am confident that the Trellis Energy team will
provide its current and future clients with an exceptional organization
that will be a powerful force serving energy companies across the globe.”
In addition to Rakesh Agrawal at the helm of the new organization, the
executive team is further bolstered by the appointment of Archana
Srivastava as Vice President of Products and Engineering and Ken Hans as
Vice President of Sales and Services. Archana brings more than 20 years
of comprehensive technical, management and leadership experience in
architecting complex, enterprise level IT solutions to the role. She
will be responsible for product management and engineering, furthering
the development and delivery of the various software solutions. Ken
brings more than 20 years of experience in the information technology
industry, delivering digital services consulting and business
development across many commercial industry verticals. He will be
responsible for business development, sales operations, and client
delivery. Blackstone executive leadership will continue to be a part of
the new company through the participation of the Executive Board of
Directors, currently comprised of David Mysona, Co-founder and CEO;
Casey Courneen, Co-founder and President; and Rakesh Agrawal, Co-founder
and Executive Vice President.
Several leading energy companies including BP Pipeline, Chevron
Pipeline, DTE Energy, Gaz Metro, NextEra Energy, ONE Gas, Pacific Gas &
Electric and Tokyo Gas have selected Trellis Energy’s natural gas
transaction management platform. The software platform provides these
companies with the only SaaS, private cloud and on premise, solution
that delivers comprehensive features, functionality, and configurability.
For more information on Trellis Energy, visit http://www.trellisenergy.com
For more information on Blackstone Technology Group, visit http://www.bstonetech.com
About Trellis Energy
Trellis Energy was founded by a team of energy industry and IT veterans
who have spent the last two decades building and delivering solutions
for Fortune 1000 companies within the Energy industry. Trellis Energy’s
natural gas transaction management solution enables energy companies to
integrate and optimize enterprise-wide transactions under a single,
easy-to-use business transactions management software platform.
About Blackstone Technology Group
Blackstone Technology Group is a privately-held, global IT services and
business consulting firm. Founded in 1998, it is headquartered in San
Francisco and has offices in Denver, Houston, and Washington, DC.
Blackstone implements innovative IT and business solutions and has
garnered an impressive track record of delivering successful results to
a client list that includes Fortune 1000 businesses and the US Federal
Government.
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