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Around the world, utilities are under pressure. Citizens demand energy and water that don't undermine environmental quality. Regulators seek action on smart grid and smart metering initiatives that add intelligence to infrastructure. Customers seek choice and convenience—but without additional costs.
Oracle can help. We offer utility experts, mission-critical software applications, a rock-solid operational software suite, and world-leading middleware and technology that can help address these challenges. We understand the complexity around smart grid initiatives, implementations, and the unknown. Oracle provides flexible, innovative technology and applications that increase efficiency, improve stakeholder satisfaction, future-proof your organization, and turn information into power.
Whether your utility is looking for a stand-alone application to solve a business problem, or a portfolio of solutions to address your entire initiative, Oracle is ready to partner with you today on your smart grid journey.
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Oracle recently surveyed 150 North American senior utility executives to understand their vision for the next 10 years, how the smart grid will evolve in communities and homes, and what challenges and opportunities lie ahead.
Key findings include:
- One in five respondents noted they are moving forward with system-wide smart grid deployment. Moreover, 49 percent of large utilities and 18 percent of small to midsize utilities are taking steps forward with trial programs.
- Nearly all respondents noted that consumers will benefit from smart grid. Specifically, 86 percent of large utilities and 82 percent of small to midsize utilities said that smart grid will provide consumers with energy usage information that will enable smarter choices.
- Executives (43 percent) identified consumer reactions to rate increases as their top worry.
- Utility executives recommended "sharing best practices with peers" and "developing an information architecture strategy" as the top drivers for smart grid success.
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