Softwr

Energy & Utilities · head to head

Quorum CTRM vs AVEVA PI System

Quorum CTRM logo

Quorum CTRM

Energy & Utilities

Commodity trading and risk management for energy

From
On request
Rated
-
Full reviewWebsite
AVEVA PI System logo

AVEVA PI System

Energy & Utilities

Industrial data infrastructure for real-time insights

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Quorum CTRM no price, licensing model, deployment option cost or contract term is published; there is no pricing page linked from the site; AVEVA PI System pricing is not published and comes through an account representative
  • They diverge on capability: Quorum CTRM covers Deal capture, AVEVA PI System covers Real-time data collection.

Where they differ

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

Attributes where Quorum CTRM and AVEVA PI System differ
AttributeQuorum CTRMAVEVA PI System
Pricing modelsubscriptionone-time
PlatformsWeb, Desktop, ApiDesktop, Web, Mobile, Api
Founded19981967

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 Quorum CTRM

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

Only in AVEVA PI System

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

Both cover

  • SOC2
  • ISO27001

What people use each for

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

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

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

Where each one falls short

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

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

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

Pricing, plan by plan

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

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

Which should you pick?

Choose Quorum CTRM if

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

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

Questions people ask

Is Quorum CTRM or AVEVA PI System better?
Neither clearly leads. Quorum CTRM starts at On request and AVEVA PI System at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Quorum CTRM or AVEVA PI System?
Quorum CTRM starts at On request and AVEVA PI System at On request.
Does Quorum CTRM or AVEVA PI System run on more platforms?
Quorum CTRM runs on Web, Desktop, Api. AVEVA PI System runs on Desktop, Web, Mobile, Api.
What is Quorum CTRM best used for?
Quorum CTRM is most often used for upstream oil and gas production accounting and well operations, midstream pipeline and lng management, energy trading and risk management across the value chain. Of those, upstream oil and gas production accounting and well operations and midstream pipeline and lng management are not what AVEVA PI System is typically brought in for.
What can Quorum CTRM do that AVEVA PI System cannot?
Quorum CTRM covers Deal capture, Position management, Risk analytics, Credit management. AVEVA PI System covers Real-time data collection, Time-series data storage, Asset framework, Visualization. Both handle SOC2, ISO27001.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Quorum CTRM

More on AVEVA PI System

Keep looking

Other head to heads