San Francisco – July 18, 2013 – Blackstone Technology Group, a global IT Services and Solutions company, today announced that Chevron Pipe Line Company has selected Blackstone’s Trellis™ software platform to manage its Bridgeline Holdings, L.P. natural gas pipeline asset.
Developed by Blackstone, Trellis™ is a feature-rich, hosted, SaaS, and web-based natural gas transaction management solution that will allow pipeline companies to efficiently manage their commercial and operational activities. Trellis allows pipeline companies to perform a number of critical business activities including, but not limited to, contracts, nominations, scheduling, measurement, allocation, trading, billing, reporting, and credit risk management. As the most flexible and configurable solution in the marketplace today, Trellis™ offers companies a highly differentiated solution that delivers true competitive advantage in a rapidly changing industry.
“The Chevron [Pipe Line Company] selection is a testament to our deep knowledge of the marketplace, and a validation of our vision for the types of solutions that will help shape the future of this industry,” says Rakesh Agrawal, VP of Energy at Blackstone Technology Group. “The marketplace is beginning to realize that a feature rich, hosted, SaaS, web based solution like Trellis™ can be configured for the most demanding and unique requirements, and yet also remain fully scalable in a quickly changing business landscape, thus having a positive impact on the bottom line.”