Oracle Cloud helps utilities make better, faster business decisions
Jun 15, 2016
New analytics capabilities enable better data collection and analysis to improve business insights
EEI Annual Convention - Chicago, IL—Jun 14, 2016
The utility industry is in the midst of a significant transformation, and the increasing prevalence of digital technologies is driving organizations to embrace innovation. Capturing and analyzing data across infrastructures now play a crucial role in addressing changes and challenges. Today, Oracle Utilities announced new releases of two of its cutting edge analytics solutions, which enable utilities to better access, organize and analyze the massive amount of data they collect while saving time and reducing IT and maintenance costs.
Oracle Utilities Analytics Cloud Service helps utilities easily integrate their on-premise customer, meter, device, and workforce data into a single platform in the cloud. The cloud solution’s flexibility and scalability enables utilities of all sizes to leverage powerful data analytics without the need for in-house analytics experts. The cloud “future-proofs” smart grid and analytics strategies—enabling utilities to leverage the latest analytics capabilities to remain at the forefront of industry innovation. This new cloud service further enhances Oracle Utilities’ cloud analytics suite, which includes Oracle DataRaker, an advanced analytics solution providing actionable insight and predictive analytics services for big data.
“As a leading systems integrator and Oracle PartnerNetwork member, we worked closely with the Oracle Utilities team on co-development activities for Oracle Utilities Analytics,” said John Gustafson, Vice President, Energy and Utilities at Cognizant.
“This solution can enable utilities around the world to leverage robust analytics capabilities and gain immediate access to valuable insight. Drawing on Cognizant’s extensive global experience and expertise in implementing Oracle Business Intelligence and working with Oracle Cloud, we are continuing to develop new implementation resources for Oracle Utilities Analytics Cloud Service for utilities worldwide.”
The new version of Oracle Utilities Work and Asset Management Analytics provides users with an extensive platform featuring pre-built analytics based on industry best practices to provide the most value to utilities for asset maintenance strategies. The upgraded solution offers:
- • Four new dashboards with 26 pages of analytics to support 74 metrics related to work and asset management questions—enabling users to drill down even further into the data associated with these analytics.
- • Hundreds of different report outputs based on organization hierarchy. Each report has the ability to provide answers to any level of the organization.
“Utilities today collect massive amounts of data and they do not always have the means to analyze it and turn it into actionable business intelligence,” said Rodger Smith, senior vice president and general manager, Oracle Utilities. “Oracle Utilities Analytics Cloud Service and Oracle Utilities Work and Asset Management Analytics provide utilities with the ability to analyze their data more quickly, and in a more meaningful way.”