Oracle Energy and Water Data
Exchange standardizes disparate information into
logical formats to help speed advanced AI use cases and data
sharing
NASHVILLE, Tenn.,
March 3,
2025 /PRNewswire/ -- Oracle Customer Edge
Summit -- Oracle today announced Oracle Energy and
Water Data Exchange, a new cloud-based solution designed to
streamline data integration, sharing, and preparation for AI use
cases. Applying an intelligent semantic layer, the offering
translates complex raw enterprise and third-party information into
a standardized industry model with natural language meaning for
easier interpretation and action. This often overlooked, but
critical, data preparation step helps ensure that information is
not only accessible but also meaningfully contextualized for
analytics and AI-driven insights. With the Data Exchange, cloud
developers, data scientists, and analysts can significantly
fast-track priority projects, including data mining, predictive
analytics, and cutting-edge generative AI (GenAI) applications.
"Utilities are under increasing pressure to accelerate digital
transformation, however, many struggle with fragmented, siloed, and
inconsistently labeled data spread across multiple sources. This
makes it difficult to unify information and use effectively to
innovate and improve utility operations," said Hillary Martin, vice president of analytics and
innovation, Oracle Infrastructure. "By cleansing, organizing, and
adding the appropriate meaning to an organization's
data, Oracle Energy and Water Data Exchange makes data easier
to find, understand, and leverage for AI and advanced analytics use
cases that can transform raw data into actionable insights."
Preparing data for action
Many utilities have invested
in industry solutions that promise to centralize and unlock
the value of data only to be stifled by inconsistent, hard-to-find,
and unstructured data. Unlike other solutions, Oracle Energy and
Water Data Exchange addresses these foundational problems by
focusing on data quality and meaning. Through a series of
validation checks, error reporting, cleansing, deduplication, and
synchronization processes, the offering helps ensure that data is
accurate, easy-to-understand, and ready for analysis, replication,
or AI application use.
Oracle Energy and Water Data Exchange features an industry data
model that unifies multiple standards—including IEEE and IEC—which
helps ensure that when data is ready for production, it can be
securely shared across partners to streamline integration,
enhance interoperability, and drive operational
efficiency. With this clean, validated data, utilities
can expedite analytics-based decisions and priority use cases,
such as connecting Distributed Energy Resources (DERs) to grid and
customer devices to provide a comprehensive view of grid conditions
across EV charging locations in a specific area.
AI-ready data
Oracle Energy and Water Data Exchange is
focused on unifying data from Oracle and other third-party industry
applications. It also can standardize and cleanse public data
sources such as the U.S. Department of Energy, U.S. Census Bureau,
and National Oceanic Atmospheric Administration (NOAA) for further
intelligence.
The solution is built on the security, performance,
and scalability of Oracle Cloud Infrastructure (OCI) and takes
advantage of a number of OCI services. For example, Data
Exchange natively synchronizes with OCI Integration Services
to connect any application and data source for automated end-to-end
processes, centralized management, and simplified migration to the
cloud.
Oracle Energy and Water Data Exchange also leverages the
built-in AI Vector Search and in-database machine learning
capabilities of Oracle Database 23ai to help eliminate the
complexity and cost of integrating and managing multiple databases.
This helps maintain data consistency across areas such as smart
meters, distribution assets, and utility grids. Unique,
language-based semantic representations also make it easy to create
embeddings for data, feed GenAI engines, and enhance applications
such as smart chatbots.
Oracle Energy and Water Data Exchange is ideal for IT teams,
consultants, integration specialists, and solution architects who
have been tasked with integrating multiple data sources across an
enterprise. The solution makes it easier to manage data quality
across sources, enable smooth integration between disparate
systems, and address inconsistencies and information misalignments.
This helps lead to faster integrations, fewer errors during data
migration or system updates, and enhanced solution
performance for higher client satisfaction. Oracle plans
to expand the solution to include a data sharing framework,
enabling secure and efficient sharing of validated data across
teams and external partners.
See Oracle Energy and Water Data Exchange in action at
Oracle Customer Edge Summit or learn more at Oracle.com/utilities
or LinkedIn.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
Trademarks
Oracle, Java, MySQL and NetSuite are
registered trademarks of Oracle Corporation. NetSuite was the first
cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle