With everything moving forward faster, utilities need to continuously meet changing customer and climate change requirements. That means using technology to adapt and improve your business—from finance to operations—and trading outdated on-premises systems for cloud solutions that enable innovation without compromise.
The need for utilities to provide safe, reliable, and affordable energy—coupled with the constant urgency to address climate change—has made it critical to balance profitability with sustainability. This report explores the foundational strategies and solutions to help you lead with growth while investing in a greener tomorrow.
$80B per year
projected savings for US utilities from digital transformation technologies (2016-2040).1
79% of businesses
reported improved collaboration between finance, HR, and IT as a connected enterprise.2
and -70% breakdowns. On average, predictive maintenance increased productivity by 25% and lowered maintenance costs by 25%.3
Hear how Con Edison's finance team made the move to the cloud—and is driving efficiencies across their business.Watch the finance video (2:37)
Utilities operations are changing by the day. Our partner, Huron Consulting, discusses the biggest changes and solutions to address them.Watch the operations video (1:20)
Ready to fuel efficiency and growth? Talk to a cloud expert.
Leading companies around the world trust Oracle to run their mission-critical business functions.
The world is changing and keeping up can be hard. But with Oracle’s integrated suite of applications, you can get your business up to speed and where you need it to be—starting today. See how executives are moving painlessly into the future.
Innovation is critical to Southern Company’s mission to deliver safe, reliable energy to its customers. The United States utility company speaks about how they transformed finance and accounting with Oracle Fusion Cloud Enterprise Performance Management (EPM), Enterprise Resource Planning (ERP), and more.
To meet regulations and increasing customer demands, Scottish Water redoubled their efforts to modernize their back office and unify the business on a single cloud platform. Learn how the state-owned water utility shortens its financial close and boosts customer satisfaction with Oracle Fusion Cloud EPM and ERP.
Drive profitability and sustainability. We’ll show you how.