Oracle AI Transforms Meter Data Management
Oracle AI Transforms Meter Data Management |
[03-June-2025] |
Enhancements to the Oracle Utilities Customer Platform accelerate data processing speeds, cut operational costs, and improve utility customer service AUSTIN, Texas, June 3, 2025 /PRNewswire/ -- New AI-powered anomaly detection and in-memory processing capabilities in the Oracle Utilities Customer Platform are helping deliver fast, accurate meter data management (MDM) and streamlining utility operations. These enhancements simplify work for employees and improve performance across the platform, which powers metering, operations and billing, sales and account management, customer service, and customer engagement in a single solution. For example, AI-enabled anomaly detection significantly reduces billing exceptions—minimizing manual work, truck rolls, and unnecessary operational costs. These new capabilities are available at no additional cost to customers. Better data for better service 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:
"Globally, utilities have a multibillion-dollar opportunity to use AI to transform customer service and operations," said Paul McDonald, vice president of product for Oracle Utilities. "With system complexity, costs, and customer needs all growing, it's getting difficult and expensive for many utilities to keep up. We're helping utilities tackle these challenges in ways just now becoming possible. By bringing AI and in-memory meter data processing into the Oracle Utilities Customer Platform, we're helping our clients streamline operations, cut costs, and deliver a more satisfying customer experience." Learn more about additional AI capabilities in the Oracle Utilities Customer Platform here and by visiting Oracle.com/utilities or LinkedIn. About Oracle Trademarks
SOURCE Oracle | ||
Company Codes: NYSE:ORCL |