Oracle Utilities

An important element of making an industrial organization more efficient is managing energy consumption. A great way to do this is to use smart energy metering. Real-time power measurement monitors the amount of electricity consumed by a residence, business, or electrical device. Electricity meters are typically calibrated in billing units. Periodic readings of electric meters measure your energy use, which the electric company then uses for billing. Any company or organization that wants to run its operation more efficiently needs accurate data about its energy use. Real-time energy measurement informs companies of their immediate energy consumption. Smart energy metering and monitoring in real-time is crucial to take control of the three main factors that contribute to energy cost source of the energy, the amount of energy used, and the efficiency of your energy use. By installing a power meter for real-time monitoring, any energy product with a measurement interface can be tracked.

Innowatts’ SaaS platform transforms how energy providers understand and serve their customers. We use AI and learnings from more than 43 million global meters to help energy retailers, utilities and grid operators unlock meter-level data, understand their customers and make businesses processes automated and smarter. The result? A more reliable grid, a more profitable position, better customer experiences and a sustainable energy future. We capture data at the meter level, bridging the gap between energy providers and their customers and ratepayers. We collect usage information as often as every 15 minutes, delivering unrivaled data for more precise customer insights. Advanced AI and machine learning are the foundation of our platform, providing business intelligence for better decisions. AI-enabled platform automates optimization of DER assets to drive energy transition Innowatts, the industry-leading global AI-enabled SaaS platform.