Oracle Press Release

Oracle Furthers Commitment to Tax and Utilities Industry

Eesti Energia Goes Live on Oracle Utilities; Rodger E. Smith Heads Oracle Tax and Utilities Global Business Unit

Redwood Shores, Calif. – Sept. 7, 2011

News Facts

Eesti Energia, an Estonian state-owned energy company, has gone live with Oracle Utilities Customer Care and Billing and Oracle Utilities Meter Data Management in anticipation of a deregulated market expected in 2013.
Oracle Utilities Customer Care and Billing forms the basis of a new customer self-service platform that enables the utility to bring new products and services to market quicker—reducing delivery time from months to weeks. Integrated with Oracle Utilities Customer Care and Billing, the Oracle Utilities Meter Data Management application provides a meter-to-cash process that supports both current meter and smart meter deployments.
Eesti Energia selected the Oracle products in 2008.

Rodger E. Smith Heads Oracle Tax and Utilities Global Business Unit

Oracle has named Rodger E. Smith senior vice president and general manager for the Oracle Tax and Utilities Global Business Unit. In this position, Mr. Smith leads the global business unit’s solution groups, strategic planning, product development, sales, service and support.
Mr. Smith is the former president of Enterprise Management Solutions (EMS), the management consulting division of Black & Veatch. In this position, he grew the division into one of the largest management consulting organizations specializing in energy and water. He previously held positions with PricewaterhouseCoopers and Southern Company, one of the largest electric utilities in the United States.

Supporting Quotes

“Due to the soon-to-be deregulated energy market, it was crucial to have scalable and robust systems that enable flexibility and competitive advantage. With Oracle Utilities, we are now able to meet the standards and requirements of a free-energy market, which our previous systems were unable to support. Our customers also benefit from increased visibility into their energy use and billing cycles,” said Margus Simson, head of business systems department, Estonia, Eesti Energia.
“We are pleased to welcome Rodger E. Smith to Oracle. He brings extensive leadership and experience to the Oracle Tax and Utilities Global Business Unit and will further build on our vision to deliver world-class business software and hardware systems to the industry,” said Bob Weiler, executive vice president of global business units for Oracle.
“Oracle offers core operational solutions built by industry veterans for industry customers. We have a strategic and dedicated industry focus to deliver domain expertise. Oracle’s leadership in 22 key industries is a direct result of our ability to deliver products that solve industry-specific business problems,” said Mark Hurd, president, Oracle.

Resources

About Oracle Utilities

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.

About Oracle

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Contact Info

Caroline Vespi
Oracle
+1.650.506.8920
caroline.yu@oracle.com