SAN MATEO, CA – March 14, 2017.

In the wake of the growing demand for clean energy, the energy industry is moving from centralized conventional sources of power generation towards distributed and renewable sources. “Mercatus foresaw the impending transformation of the energy industry and the subsequent business challenges in maintaining business visibility, managing change, and achieving profitable growth,” begins Haresh Patel, CEO, Mercatus. Established in 2013, Mercatus brings innovative cloud-based analytic software—Energy Investment Lifecycle Management (ILM), to address the business challenges faced by energy companies in the evolving energy landscape.

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About Mercatus

Mercatus Investment Lifecycle Management or ILM digitally transforms how energy producers invest and operate to accelerate the return on their project investment and asset portfolio. We do so by empowering stakeholders with collaborative Cloud analytic technology that integrates the information and processes needed to optimally manage the complete energy investment lifecycle. The benefits to our clients are unparalleled data visibility and integrity; speed and operational efficiency via enhanced collaboration and productivity; and insight via analytics to improve decision quality and better manage risk and compliance. And, Mercatus ILM is the only Cloud-based, end-to-end solution that is purpose-built for the energy industry.