Oracle AI Transforms Meter Data Management
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Enhancements to the Oracle Utilities Customer Platform accelerate data processing speeds, cut operational costs, and improve utility customer service
Better data for better service
The expanding use of Advanced Metering Infrastructure (AMI) has resulted in an exponential increase in utility data, creating significant challenges in data processing, management, and accuracy. With rising customer expectations for service reliability and transparency, utilities need smarter, faster technology to handle that complexity and satisfy utility customers. The combination of embedded AI and a unified data framework in the Oracle Utilities Customer Platform allows utilities to leverage accurate metering data for informed decision-making. For example, organizations can benefit from faster resolution times and reduced exceptions through accurate data processing, leading to improved customer interactions and loyalty.
Oracle benchmarks have shown vast improvements in anomaly detection and manual work reduction compared to traditional Validation Editing and Estimation (VEE) methods. Results achieved include:
- A 63% reduction in false positive, high-usage VEE exceptions, leading to proactive management and resolution of issues before they escalate into significant problems
- Approximately 70% faster meter data processing
- 37% lower overall storage requirements—contributing to lower costs and simplified data management
"Globally, utilities have a multibillion-dollar opportunity to use AI to transform customer service and operations," said
Learn more about additional AI capabilities in the Oracle Utilities Customer Platform here and by visiting Oracle.com/utilities or LinkedIn.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle
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