Grid Net, Oracle join forces to deliver integrated Smart Grid solutions for utilities

Source: Grid Net, Inc. 

Grid Net, a global leading provider of real-time, all-IP Smart Grid and Smart Home software platforms for any device and any broadband technology, announced it will work together with Oracle (NASDAQ:ORCL) to deliver advanced distribution management systems and meter data management technology to support utilities' Smart Grid deployments aimed to improve grid reliability and enable smarter energy choices.

The emerging Smart Grid deployments will generate a vast amount of energy usage data and require near real-time, reliable, and secure communications for utilities to efficiently distribute energy and interact with a rapidly growing number of distributed devices. As a Gold level member of the Oracle Partner Network, Grid Net will work closely with Oracle to help deliver complete, open, and integrated Smart Grid solutions to the utilities industry. 

"Together, Grid Net and Oracle Utilities have complete solutions for utility customers. Grid Net is the only provider of real-time, all-IP Smart Grid and Smart Home software platforms for any device and any broadband technology," said Andres Carvallo, Executive Vice President & Chief Strategy Officer at Grid Net. "With our relationship, utilities can now more effectively and efficiently implement innovative technologies to enhance and accelerate their Smart Grid deployments." 

Grid Net’s leading software platforms, PolicyNet SmartGrid Network Management System and Smart Network Operating System™ (NOS), provide a powerful complement to Oracle Utilities' mission-critical software applications, including Oracle Utilities Network Management System, Oracle Utilities Meter Data Management, Oracle Utilities Mobile Workforce Management, and Oracle Utilities Work and Asset Management. Together, these solutions can help utilities efficiently, securely distribute power, improve network reliability and reduce outage durations. The combined solution will operate on a common data model and integrate easily with Oracle Utilities Meter Data Management and Oracle Utilities Customer Care and Billing providing utilities with a wealth of information that will help them improve network performance and customer satisfaction. 

"By combining our unique strengths, Oracle Utilities and Grid Net are taking an important step forward in meeting utilities' Smart Grid challenges," said Bradley Williams, Vice President, Product Strategy, Oracle Utilities. "Working together, we plan to provide safe, secure, scalable and reliable Smart Grid management systems and help utilities manage the exponential growth of data generated through Smart Grid programs."

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs