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Short Take: Oracle adds to Energy suite

Oracle said it plans to bundle energy and risk management software made by TransEnergy Management into its Oracle Energy suite of business software applications. Targeting the natural gas and electric utility industry, the new suite will allow companies to manage the purchase, transportation, storage, and sale of gas and electricity. It will also analyze market risk and trading operations, the company said.

Oracle said it plans to bundle energy and risk management software made by TransEnergy Management into its Oracle Energy suite of business software applications. Targeting the natural gas and electric utility industry, the new suite will allow companies to manage the purchase, transportation, storage, and sale of gas and electricity. It will also analyze market risk and trading operations, the company said.