Grid Net has joined forces with Oracle Corp. to deliver advanced distribution management systems and meter data management technology to support utilities' smart grid deployments. The aim is to improve grid reliability and enable smarter energy choices.
Today's emerging smart grid deployments will use smart meters to monitor consumption in real time in order to dynamically shift supply where it is needed, to maximize efficiencies. The initiatives 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.
The solution for utilities will take Grid Net's software platforms, the PolicyNet SmartGrid Network Management System and Smart Network Operating System (NOS), and combine them with Oracle’s business intelligence software applications. Oracle’s platforms will include the 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.
"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 and 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."