SOURCE: Oracle Corporation

Oracle Corporation

January 27, 2011 08:00 ET

Lakeland Electric Selects Oracle Utilities Meter Data Management to Support Smart Grid Initiatives

Leading Florida Electric Utility Chose Centralized Data Management System to Support Deployment of 125,000 Smart Electric Meters

REDWOOD SHORES, CA--(Marketwire - January 27, 2011) - Oracle (NASDAQ: ORCL)

News Facts

  • Lakeland Electric, Florida's third largest public power utility, has selected Oracle Utilities Meter Data Management and Oracle Service Bus to support its smart grid initiatives.
  • As a recipient of Federal funding under the American Recovery and Reinvestment Act (ARRA), Lakeland Electric chose Oracle solutions to help manage the vast quantity of customer energy consumption data that it will gather from a deployment of 125,000 smart electric meters. The utility plans to use Oracle Utilities Meter Data Management to verify, store, process and format the data, providing every department, application and business process with the metering information it needs.
  • Further, the solution will enable Lakeland Electric to connect advanced metering infrastructure (AMI) usage data and presentment tools, helping to empower customers to effectively monitor and manage their energy use. The utility will use the energy usage data collected through smart meters for future time-of-use rate design. 

Supporting Quotes

  • "By choosing Oracle Utilities for our smart grid initiative, we will enable our customers to better manage their own energy use by connecting AMI usage data and presentment tools. Working with Oracle, we are able to realize our smart grid goals," said Randy Dotson, project manager, Smart Grid Initiative, Lakeland Electric.
  • "We are pleased to support Lakeland Electric as it embraces the full potential of the smart grid. Oracle Utilities Meter Data Management will enable the utility to retain the flexibility needed to configure an IT system to meet the goals of any smart grid initiative, now and in the future," said Bill Vellante, group vice president, Oracle Utilities.

Supporting Resources

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 and database technologies. 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 www.oracle.com/goto/utilities.

About Oracle
Oracle (NASDAQ: ORCL) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, visit please visit our Web site at http://www.oracle.com

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