Grid Net and Oracle Join Forces to Deliver New Integrated Smart Grid Solutions for Utilities
San Francisco — July 20, 2010 — Grid Net, a global leading provider of real-time, all-IP Smart Grid and Smart Home software platforms for any device and any broadband technology, today announced it will work together with Oracle to deliver advanced distribution management systems and meter data management technology to support utilities’ Smart Grid deployments aimed to improve grid reliability and enable smarter energy choices.
Today’s emerging Smart Grid deployments 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. As a Gold level member of the Oracle Partner Network, Grid Net will work closely with Oracle to help deliver complete, open, and integrated Smart Grid solutions to the utilities industry.
“Together, Grid Net and Oracle Utilities have complete solutions for utility customers. 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 & 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.” Grid Net’s leading software platforms, PolicyNet SmartGrid Network Management System and Smart Network Operating System™ ( NOS), provide a powerful complement to Oracle Utilities’ mission-critical software applications, including 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.
“By combining our unique strengths, Oracle Utilities and Grid Net are taking an important step forward in meeting utilities’ Smart Grid challenges,” said Bradley Williams, Vice President, Product Strategy, Oracle Utilities. “Working together, we plan to provide safe, secure, scalable and reliable Smart Grid management systems and help utilities manage the exponential growth of data generated through Smart Grid programs.”
About Grid Net
Grid Net is the leading global real-time Smart Grid and Smart Home software platforms provider for utilities, partners, and customers. The all-IP Grid Net platforms are designed to integrate substation automation, distribution automation, smart meters, demand response, and load management with electric vehicles, buildings and homes to increase grid reliability, energy efficiency, renewable energy use, and customer satisfaction while reducing capital and operating costs. Grid Net’s all-IP platforms are utility-grade reliable and scalable, and built to meet regulatory and government Smart Grid interoperability and cyber-security standards. Headquartered in San Francisco, California, with offices in Sydney, Australia, Grid Net is backed by world class investors Braemar Energy Ventures, Catamount Ventures, Cisco Systems, GE Energy Financial Services and Intel Capital. To learn more, visit Grid Net.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle’s partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners
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Press contact
Andres Carvallo
Executive Vice President & Chief Strategy Officer, Grid Net, Inc.
(512) 215-9080 Office
(512) 968-8108 Mobile
andres@grid-net.com