Oracle launches new smart device management cloud service for utilities

Written By: Stratton Report
March 22, 2017

On March 22, Oracle announced the launch of a new cloud offering that enables utilities to further automate the management of their grid assets and devices, at what the firm described as a total lower cost of ownership.

According to Oracle, the utilities industry is going through a transformation as a result of IoT and increasing distributed energy resources. and utilities are increasingly deploying smart field sensors as well as smart meters.  This results in a difficult problem of keeping smart devices maintained, upgraded, inspected and secure, and utilities are struggling to manage the lifecycle of these assets in a single, centralized way. Oracle claims its cloud-based Operational Device Management Solution will provides a scalable and future-proof way to manage IoT device operations.

Oracle noted that in addition to offering a new stand-alone cloud service, utilities can extend ODCS for customer–owned asset registration processes such as smart thermostats and solar PVs.

Rodger Smith, general manager and senior vice president for Oracle Utilities noted:

We’re in front of the dramatic shifts the utilities industry is experiencing, providing new technologies that meet the needs of our customers as they navigate this changing landscape. We’re committed to innovation, and to providing cloud solutions that make operational excellence a reality for electric, gas and water utilities worldwide.