Softwr

Energy & Utilities · head to head

ABB Ability vs Quorum CTRM

ABB Ability logo

ABB Ability

Energy & Utilities

Digital solutions for energy and automation

From
On request
Rated
-
Full reviewWebsite
Quorum CTRM logo

Quorum CTRM

Energy & Utilities

Commodity trading and risk management for energy

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: ABB Ability the Internet Archive's capture of ABB Ability's page on 19 December 2021 showed it is sold only through a 'Find Your Sales Partner' channel across industry verticals (Automotive, Buildings, Data Centers, EV Charging, Manufacturing, Mining, Oil & Gas, Power, and others), with no price list published.; Quorum CTRM no price, licensing model, deployment option cost or contract term is published; there is no pricing page linked from the site
  • They diverge on capability: ABB Ability covers Asset health monitoring, Quorum CTRM covers Deal capture.

Where they differ

Only the attributes on which ABB Ability and Quorum CTRM actually diverge.

Attributes where ABB Ability and Quorum CTRM differ
AttributeABB AbilityQuorum CTRM
Pricing modelquotesubscription
PlatformsWeb, Mobile, ApiWeb, Desktop, Api
Founded19881998

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated), category (Energy & Utilities).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in ABB Ability

  • Asset health monitoring
  • Predictive maintenance
  • Performance optimization
  • Energy management
  • Grid automation
  • Remote diagnostics
  • Advanced analytics
  • Digital twin technology

Only in Quorum CTRM

  • Deal capture
  • Position management
  • Risk analytics
  • Credit management
  • Settlement
  • Regulatory compliance
  • Market data
  • Reporting

Both cover

  • Cloud deployment

What people use each for

The jobs each tool is most often brought in to do.

ABB Ability

  • Asset performance managementnot Quorum CTRM
  • Predictive maintenancenot Quorum CTRM
  • Grid optimizationnot Quorum CTRM
  • Energy efficiencynot Quorum CTRM

Quorum CTRM

  • Upstream oil and gas production accounting and well operationsnot ABB Ability
  • Midstream pipeline and LNG managementnot ABB Ability
  • Energy trading and risk management across the value chainnot ABB Ability

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

ABB Ability

  • The Internet Archive's capture of ABB Ability's page on 19 December 2021 showed it is sold only through a 'Find Your Sales Partner' channel across industry verticals (Automotive, Buildings, Data Centers, EV Charging, Manufacturing, Mining, Oil & Gas, Power, and others), with no price list published.

Quorum CTRM

  • No price, licensing model, deployment option cost or contract term is published; there is no pricing page linked from the site
  • The only routes to a figure are a demo request form and a sales contact form

Pricing, plan by plan

ABB Ability

On request

No published plan breakdown. See the ABB Ability review.

Quorum CTRM

On request
  • Trading$undefined/custom
    • Deal capture
    • Position management
    • P&L reporting
  • Risk Management$undefined/custom
    • VaR calculations
    • Stress testing
    • Credit risk
  • Enterprise$undefined/custom
    • Full ETRM suite
    • Multi-commodity
    • Global deployment

Which should you pick?

Choose ABB Ability if

  • You need asset health monitoring.
  • You work on Web, Mobile, Api.
  • You also want predictive maintenance.
ABB Ability review

Choose Quorum CTRM if

  • You need deal capture.
  • You work on Web, Desktop, Api.
  • You also want position management.
Quorum CTRM review

Questions people ask

Is ABB Ability or Quorum CTRM better?
Neither clearly leads. ABB Ability starts at On request and Quorum CTRM at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, ABB Ability or Quorum CTRM?
ABB Ability starts at On request and Quorum CTRM at On request.
Does ABB Ability or Quorum CTRM run on more platforms?
ABB Ability runs on Web, Mobile, Api. Quorum CTRM runs on Web, Desktop, Api.
What is ABB Ability best used for?
ABB Ability is most often used for asset performance management, predictive maintenance, grid optimization, energy efficiency. Of those, asset performance management and predictive maintenance are not what Quorum CTRM is typically brought in for.
What can ABB Ability do that Quorum CTRM cannot?
ABB Ability covers Asset health monitoring, Predictive maintenance, Performance optimization, Energy management. Quorum CTRM covers Deal capture, Position management, Risk analytics, Credit management. Both handle Cloud deployment.
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