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June 2014

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Oracle's Smart Utilities Solutions Help Organizations Improve Operations and Address Regulatory Compliance

Spurred by new business opportunities and growing regulations for managing energy consumption and encouraging sustainability, utility organizations throughout the world are using Oracle solutions to support the deployment of smart meters and smart grids as part of the "smart utilities" evolution.

"Adding smart sensors and smart meters to traditional energy networks enables utilities to communicate with customers and gather usage information in ways that weren't possible in the past," says Martin Dunlea, Oracle global industries lead for utilities. "Using this information, utilities can serve their customers more effectively and significantly improve their business operations."

Smart meters automatically collect consumption information, which eliminates the need for utility personnel to physically travel to each customer location. This enhances billing accuracy and enables users to track energy use anytime throughout the month, and to make smart decisions and control energy costs.

Additionally, with smart sensors placed throughout the utility grid, utilities can continuously communicate with devices to better forecast demand and maintain energy supplies. Smart meters are a gateway to increased energy efficiency and integrated renewable energy sources, while supporting a new generation of intelligent appliances and devices that will benefit customers.

"The utility industry is a significant focus area for Oracle. We have a comprehensive solutions portfolio to help the sector meet the transformational challenges of migrating to the smart grid," Dunlea says.

Oracle offers applications and technologies for managing smart meters, running key business processes, and managing the greater volumes of data collected by smart utility implementations. Examples include Oracle Utilities Smart Grid Gateway and Oracle's business intelligence for utilities solution.

In addition to improving operational efficiency and creating business opportunities, smart utility efforts are being accelerated by energy regulations. "The European Electricity Directive requires member states to define an implementation plan and timetable for the rollout of smart metering systems," Dunlea says.

Learn more about how Oracle can help utilities meet new business and regulatory imperatives and how Oracle technologies can improve operational excellence in the utility industry.

Learn how utilities worldwide are taking advantage of Oracle technology.

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