GREENWOOD VILLAGE, Colo., Jan. 22, 2013 /PRNewswire/ -- Xtensible Solutions, LLC (www.xtensible.net), a leading provider of enterprise integration and information management services for utilities worldwide and subsidiary of Doble Engineering Company, today announced that they will be working with Oracle to develop an Industry Data Warehouse and Analytics Solution to address the increasing demands of utility real-time analytics.
Utilities around the globe have been investing in real-time operational technologies to position themselves for the challenges of service enhancement, reliability and operational efficiency. While some utilities are focused on smart metering infrastructure, others are looking beyond metering and their basic capabilities to gain strategic value from grid and other customer technologies that stream data from a variety of devices. Indeed, smart grid and connected infrastructure challenges have spurred a worldwide demand for understanding how advanced analytics and "Big Data" technologies can help solve utility business problems in the areas of:
- Meter data analytics/usage and consumption analytics
- Customer management analytics
- Strategic asset management analytics
- Operational decision support analytics
- Smart grid integrated networks management analytics
- Enterprise performance management analytics
It is with this market demand in view that Xtensible and Oracle are working together to develop an advanced analytics and Big Data solution utilizing Oracle technology and infrastructure. Similar to what Oracle has accomplished in other industries with their Industry Data Model offering, this joint effort is targeting development of an Oracle Utility Data Model (OUDM) solution that includes a logical data model, prebuilt physical data models, intra-model ETLs, connectors, reports, star schemas, OLAP cubes, and data mining models for selected utility core businesses. The solution will be developed using Xtensible Solutions' MD3i Framework and will be built on core Oracle technologies within Oracle Business Intelligence and Oracle Data Warehouse portfolios.
The OUDM solution will be based on the leading utility industry model standard, the IEC Common Information Model (CIM), and will draw on information definitions from other relevant standards approved by the Smart Grid Interoperability Panel (SGIP). Such a solution can greatly reduce the time of implementation and the total cost of ownership as utilities continue to get strategic value from their information assets.
Brad Williams, Vice President of Oracle Utilities Industry Strategy, noted, "Oracle is committed to the utilities industry, and the company is uniquely qualified to help organizations manage Big Data challenges. Oracle is delighted to be working with Xtensible Solutions to develop a utility standards-based analytics data model founded on proven Oracle technologies, which can enable utilities worldwide to drive value from smart grid investments."
Terry Saxton, Vice President, Xtensible and Co-Chair of the CIM Users Group (CIMug), which is one of the UCA International Users Group (UCAIug) communities, believes that "a utility data model based on CIM standards provides utilities with the foundation for achieving information interoperability across their enterprise, whether it involves information exchanges between IT systems, access to information in data warehouses, or information presented from multiple sources via dashboards and corporate portals." Saxton added, "Without a CIM standards-based utility data model, the user is faced with the need for data conversion between proprietary formats at every step and the attendant risks of data inconsistency and errors."
About Xtensible Solutions
Xtensible Solutions, LLC (www.xtensible.net) is a leading provider of semantic-based integration and information management solutions to the utility industry worldwide. Xtensible is a subsidiary of Doble Engineering Company, a member of the Utility Solutions Group of ESCO Technologies Inc (NYSE: ESE), St. Louis.
Xtensible is a driving force behind the development and implementation of open standards, such as the IEC CIM, and related information exchange standards that have been identified as key to current and future interoperability initiatives for smart grid. With their MD3i Solution and professional service offerings already in use at numerous utility companies worldwide, Xtensible is committed to becoming a strategic partner with utilities in their transformation into the intelligent utilities of the future.
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.
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SOURCE Xtensible Solutions, LLC