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How Oracle Influences the Utility Industry?
Oracle is essaying the role of a leading enabler through dedicated solutions for utility companies in the UK.
FREMONT, CA: The utility and energy sector in the UK is experiencing an unprecedented amount of transformation. Along with the changing patterns of energy consumption, energy companies in the country are also faced with technology-enabled disruptions like smart meters. Many aspects of regulatory compliance in the UK are also under flux. Adapting to these developments is now becoming vital for UK-based utility and energy providers in order to stay competitive and serve customers well. Oracle, through its exclusive solutions for the utility industry, has proven to be an ally for energy retailers. The company has successfully identified the areas that utilities need to address and has crafted cloud solutions accordingly.
The role essayed by Oracle in helping utility firms to navigate the changing industry landscape has proved to be effective. By developing a solution that helps localized utility firms to cater effectively to its domestic, as well as commercial clients, Oracle has empowered not just the service providers, but also the end-users, who are now benefitting from optimised energy delivery. Service providers are now equipped with technology to automate many stages of customer management, resulting in improved customer satisfaction. At the same time, the cost to serve is coming down.
The customer information system, which is a part of the Oracle solution for utilities, allows automated patching, up-gradation, and security. By deploying the software-as-a-service-based solution, utility and energy companies have thus, been able to free up resources while initiating modern customer experiences. The analytics and data visualization tools from Oracle have also delivered great dividends for energy sector companies in the UK.
Through its expertise, Oracle has been able to stitch together solutions that have empowered utilities in the UK to deliver the best even as transformations are at their peak. The intelligence and functionalities that once seemed difficult to master are now within reach of energy companies in the UK.
See Also: Top Oracle Solution Companies