Oracle Announces Availability of Oracle Business Intelligence for Utilities, Part of Growing Family of Prebuilt Analytic ApplicationsDecember 20, 2010 No Comments
-- Oracle announced the availability of the latest release of Oracle Business Intelligence for Utilities, a key component of the growing family of analytics products, which helps utilities access, organize and use the data they need to monitor activities, make decisions and meet organizational goals. This solution helps utilities leverage and gain visibility into the vast data influx from smart meter and smart grid deployments. -- Oracle delivers Oracle Utilities Business Intelligence for Utilities as a separate, pre-built solution which includes extractors and schema that pull data from specific Oracle Utilities production applications; dashboards that display information on maps; and graphical dashboards that analyze and summarize information in charts, stoplights, top 10 lists, alerts and more. -- Built on the comprehensive, industry-leading Oracle Business Intelligence Enterprise Edition (OBIEE) platform, Oracle Business Intelligence for Utilities enables utilities to easily organize data from across the enterprise into reports, conduct ad hoc queries, in-depth analyses and deploy proactive notifications and alerts. Oracle Business Intelligence for Utilities delivers intelligence across maps, charts and mash-ups -- graphics that make it easy to absorb complex data and to grasp relationships (i.e. between an outage event and its location). Utilities can use these near real-time visuals to improve decision-making and to update customers and first responders more quickly on situations like outage restoration. -- Oracle is also releasing Oracle Utilities Advanced Spatial Outage Analytics and Oracle Utilities Outage Analytics. Designed to work with Oracle Utilities Network Management System, these modules help utilities glean intelligence from their outage and distribution management systems. -- Oracle Utilities plans to release several new business intelligence modules to support its other mission-critical applications over the next year.
-- "As utilities address the data management challenges associated with the smart grid the next big challenge will be turning the data into useful information that can enable improvements in decision making. Business analytics will be key to overcoming this challenge. Our research shows that utilities will invest in business analytics to increase reliability and operational awareness, increase worker productivity and optimize supply and demand side resources," said Rick Nicholson, president, IDC Energy Insights. -- "Smart meters expand consumption data by a thousand percent or more, and many utilities are grappling with how they can manage and secure this volume of data and then use it effectively. This latest release of Oracle Business Intelligence for Utilities helps utilities meet those objectives by enabling them to access, organize and use the data they need to make more effective business decisions and provide more meaningful information to consumers," said Linda Jackman, group vice president of industry strategy, Oracle Utilities.
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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 http://www.oracle.com/industries/utilities.
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