Oracle Empowers Utilities with New Advanced Distribution Management System Enhancements
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Oracle has announced significant enhancements to its Utilities Network Management System (NMS), focusing on improving distributed energy resource (DER) management, grid performance, and operational efficiency. The new features include advanced forecasting, battery storage optimization, electric vehicle charging management, and improved outage response capabilities.
March 25, 2025 | 12:15 pm
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Oracle's new NMS features demonstrate the company's commitment to modernizing utility infrastructure, potentially attracting more utility customers and strengthening its position in the energy management software market.
The announcement highlights significant technological advancements in Oracle's utility management software, which could attract new customers and potentially increase revenue in the enterprise software segment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100