Oracle Empowers Utilities to Derive Powerful Business Insights
New Oracle Utilities Data Model Accelerates Data Warehousing and Big Data Deployments to Speed Actionable Intelligence
Redwood Shores, Calif. – October 31, 2013
Utilities accumulate a wealth of data that can be used to optimize capital investments, improve customer satisfaction, maintain and enhance reliability and safety, and drive operational efficiencies. Yet Oracle’s recent study of senior utility executives showed that only 20 percent of utilities say they are doing an excellent job in putting timely information into the hands of people who need it most. To help utilities become more information-driven, Oracle has released Oracle Utilities Data Model, a new industry-specific data warehousing and Big Data solution.
• Oracle today announced Oracle Utilities Data Model, a pre-built standards-based data warehouse schema and set of business intelligence dashboards designed to help utilities analyze growing smart grid and other enterprise data and quickly drive new business intelligence and discovery.
• With Oracle Utilities Data Model, utilities can quickly implement an enterprise data warehouse platform that is both adaptable and extendable for cross-domain reporting, analytics and data mining.
Utilities can rapidly implement a sophisticated data warehousing and analytics platform:
Pre-built OLAP cubes and mining models
More than 670 tables with 4,800 columns, 1,300 measures
Rich BI metadata, sample dashboards and reports with over 80 KPI’s
3NF-based physical data models
Based on the Common Information Model (CIM), a standard developed by the electric power industry and officially adopted by the International Electrotechnical Commission (IEC), the Oracle Utilities Data Model can be used as a foundation for utility use cases like Revenue Protection, Meter Data Analysis, Credit and Collections, Demand Response, Outage Analysis and Transformer Load Management.
“Utilities are increasingly looking for ways to address growing needs around data management. Whether it is smart meters, digitized grid devices, social media, or other data sources, utilities must find ways to address these rapidly converging forces and develop the capabilities they need to turn data into an impactful business tool for innovation, empowerment, customer excellence, and operational efficiency,” said Juan Rada, senior vice president Oracle Public Sector, Education, Health Sciences & Utilities Industries Business Unit. “OUDM provides utilities a solid foundation for business and operational analytics across the enterprise.”
“As the newest addition to our industry data model portfolio, Oracle Utilities Data Model is a standards-based enterprise data warehouse solution tailored to accelerate the collection and analysis of data of all types, empowering utilities to improve their businesses with data-driven optimization, while delivering analytics consistently and cost effectively across the enterprise,” said Çetin Özbütün senior vice president, Data Warehousing and Big Data Technologies, Oracle.
Oracle Utilities delivers proven software applications that help utilities of all types and sizes achieve competitive advantage, business performance excellence and a lower total cost of technology ownership. Oracle Utilities integrates industry-specific customer care and billing, network management, work and asset management, mobile workforce management and meter data management applications with the capabilities of Oracle's industry-leading enterprise applications, business intelligence tools, middleware, database technologies, as well as servers and storage. The software enables customers to adapt more nimbly to market deregulation, meet ever-evolving customer demands and deliver on environmental conservation commitments. Additionally, Oracle Utilities helps utilities prepare for smart metering and smart grid initiatives that enhance efficiency and provide critical intelligence metrics that can help drive more-informed energy and water usage decisions for consumers and businesses. For more information, visit www.oracle.com/goto/utilities.
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.
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