Sunday, March 3, 2024

Guidehouse Insights Names Oracle a Leader in Advanced Distribution Management Systems

ORACLE ENERGY AND WATER EDGE As distributed energy resources (DERs) surge, distribution utilities need new tools to modernize the grid and safely integrate and manage the influx of new energy sources and devices. Recognizing Oracle’s ability to deliver the holistic enterprise-wide platform and data intelligence utilities need to navigate this transition, Guidehouse Insights again named Oracle Energy and Water a leader in its ADMS Vendors report.

The Guidehouse Insights Leaderboard for Advanced Distribution Management System (ADMS) Vendors scored eight companies on their strategy and execution based on 10 criteria. Moving up in the leaderboard this year, Oracle scored in the top two in technology and partnerships and in the top three for vision.

Also Read: ClearPath Energy Secures Innovative Portfolio Financing and Partnership with Brookfield

“Oracle benefits from a deep and broad network of (co-development) technology partners, systems integrators, implementation partners, and value-added service providers,” said Michael Kelly, associate director for market intelligence and advisory firm Guidehouse Insights. “This complements a series of strategic acquisitions aimed at enhancing Oracle Utilities NMS functionality and extending the company’s product portfolio. In supporting some of the largest IOUs across North America, Oracle is actively demonstrating the reliability and technological sophistication of its ADMS solution.”

Oracle Utilities Network Management System is used by six of the top 10 U.S. utilities and serves more than 61 million customers globally. The report adds “the company features one of the highest average deployment sizes amongst profiled competitors, at over 1.3 million endpoints. This illustrates Oracle’s impressive in-roads and brand recognition as a relatively new entrant within the ADMS space.” From the largest utilities down to the smallest co-operatives, Oracle is empowering utilities of all sizes with the latest functionality they need to manage the evolving grid.

Technology-led conversion success
Describing Oracle’s success in converting ADMS customers from competitors’ solutions, the report noted “customer dissatisfaction with existing solutions (e.g., performance, stability), superior functionality with Oracle Utilities NMS, and a desire to standardize on common solutions after mergers/acquisitions or IT consolidation” as the main drivers.

SOURCE: PR Newswire

Subscribe Now

    Hot Topics