Deloitte and Oracle are expanding their analytics partnership in the energy sector to help power and utility customers use big data to gain insights into their operations.
The companies aim to help clients manage the customer experience and identify new opportunities for business growth, Deloitte said Tuesday.
“Advanced analytic capabilities are fast becoming a critical enabler of business performance for our utility clients,” says Tom Turco, principal and U.S. consulting sector leader for power and utilities at Deloitte Consulting LLP.
Turco added the combination of Oracle’s analytics platform and Deloitte’s information management background is intended to help utilities generate information from smart metering and network infrastructure investments.
More than 1,000 Oracle personnel develop applications for energy and water utilities.
“Leading-edge utilities are investing in infrastructure to collect massive amounts of data from millions of distributed smart meters and sensors,” said Rodger Smith, senior vice president and general manager of Oracle Utilities.
“This big data requires a technology platform to process and analyze the information so that utilities can then leverage it into actionable business intelligence.