Oracle Utilities has introduced smart-grid software designed to support utilities as they work to optimize the value of smart-grid components while advancing toward a complete smart-grid build-out that leverages advances in IT, communications technology and energy technology to improve delivery utilization/resilience and empower consumers to address environmental concerns.
Oracle's smart-grid software is a multi-solution software offering that allows utilities to choose how to manage operations and provide information to consumers to enable them to make better energy-usage decisions.
According to Oracle, the smart-grid software helps to support cross-utility business processes, such as implementation of demand-response and energy-conservation programs that help utilities control and conserve power, take advantage of renewable energy and deliver information to consumers to empower decision making.
‘As utilities move toward leveraging the power of the smart grid, Oracle is prepared to support the industry with the tools they need to manage operations agilely and communicate rapidly with consumers for maximum efficiency,’ says Quentin Grady, senior vice president and general manager of Oracle Utilities. The flexibility and scalability of our smart-grid software, as well as Oracle's broad software offering, enable both immediate benefits now and an easier transition to a full smart-grid architecture in the future.’
The software also helps to accelerate and improve grid maintenance, as well as repair and size, while enabling compliance with regulatory changes and accommodating for emerging standards. In addition, it unifies information from various segments of the smart-grid network, including service delivery, customer interaction and consumer energy usage.
For more information, visit oracle.com.
SOURCE: Oracle Utilities