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Energy & Utilities · head to head

AVEVA PI System vs Quorum CTRM

AVEVA PI System logo

AVEVA PI System

Energy & Utilities

Industrial data infrastructure for real-time insights

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: AVEVA PI System pricing is not published and comes through an account representative; 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: AVEVA PI System covers Real-time data collection, Quorum CTRM covers Deal capture.

Where they differ

Only the attributes on which AVEVA PI System and Quorum CTRM actually diverge.

Attributes where AVEVA PI System and Quorum CTRM differ
AttributeAVEVA PI SystemQuorum CTRM
Pricing modelone-timesubscription
PlatformsDesktop, Web, Mobile, ApiWeb, Desktop, Api
Founded19671998

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 AVEVA PI System

  • Real-time data collection
  • Time-series data storage
  • Asset framework
  • Visualization
  • Analytics
  • Event management
  • Notifications
  • Data integration

Only in Quorum CTRM

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

Both cover

  • ISO27001
  • SOC2

What people use each for

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

AVEVA PI System

  • Collecting and historising real-time process data from plant equipmentnot Quorum CTRM
  • Operations dashboards and alerting through PI Visionnot Quorum CTRM
  • Edge data collection where connectivity is intermittentnot Quorum CTRM
  • Pulling process data into Excel analysis with PI DataLinknot Quorum CTRM
  • Utilities, pharma, mining and oil and gas process monitoringnot Quorum CTRM

Quorum CTRM

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

Where each one falls short

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

AVEVA PI System

  • Pricing is not published and comes through an account representative
  • The vendor is moving to a subscription commercial model, so perpetual licence expectations no longer hold
  • Made up of several separately named components, including PI Server, PI Vision, Edge Data Store and the adapters and connectors needed per data source

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

AVEVA PI System

On request
  • Data Archive$undefined/license
    • Time-series data storage
    • High-speed data collection
    • Data compression
  • Operations$undefined/license
    • PI Vision dashboards
    • AF analytics
    • Event frames
  • Enterprise$undefined/license
    • PI Integrator
    • Cloud connectivity
    • Advanced analytics

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 AVEVA PI System if

  • You need real-time data collection.
  • You work on Desktop, Web, Mobile, Api.
  • You also want time-series data storage.
AVEVA PI System 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 AVEVA PI System or Quorum CTRM better?
Neither clearly leads. AVEVA PI System 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, AVEVA PI System or Quorum CTRM?
AVEVA PI System starts at On request and Quorum CTRM at On request.
Does AVEVA PI System or Quorum CTRM run on more platforms?
AVEVA PI System runs on Desktop, Web, Mobile, Api. Quorum CTRM runs on Web, Desktop, Api.
What is AVEVA PI System best used for?
AVEVA PI System is most often used for collecting and historising real-time process data from plant equipment, operations dashboards and alerting through pi vision, edge data collection where connectivity is intermittent, pulling process data into excel analysis with pi datalink. Of those, collecting and historising real-time process data from plant equipment and operations dashboards and alerting through pi vision are not what Quorum CTRM is typically brought in for.
What can AVEVA PI System do that Quorum CTRM cannot?
AVEVA PI System covers Real-time data collection, Time-series data storage, Asset framework, Visualization. Quorum CTRM covers Deal capture, Position management, Risk analytics, Credit management. Both handle ISO27001, SOC2.
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