GERMANTOWN, Md.--(BUSINESS WIRE)--CURRENT Group today announced that it is teaming with Oracle to further improve the efficiency and reliability of the distribution grid.
CURRENT's intelligent distributed sensing, monitoring, and analytical technologies provide new sources of real-time data from throughout the distribution grid, allowing Oracle Utilities software solutions to make faster and more efficient responses to changing distribution grid conditions. This enables utilities to conserve energy, improve efficiency and reduce outages. CURRENT’s OpenGrid® solutions are deployed and provide real-time data and analytics for Oracle Utilities’ mission-critical software applications, such as Oracle Utilities Network Management System, Oracle Utilities Work and Asset Management, and Oracle Utilities Meter Data Management.
“Distributed renewables, electric vehicles, rising customer expectations and environmental pressures are creating new demands on the electric distribution grid. The result is that utilities require much more intelligence that is actionable in real-time,” according to Tom Casey, CEO of CURRENT Group. “CURRENT has always focused on providing that intelligence in a manner that improves the existing utility operations and enterprise systems like those provided by Oracle.”
This new collaboration is an expansion of CURRENT’s existing Oracle technology relationship since Oracle’s databases and other underlying technology are a key part of CURRENT’s solutions.
CURRENT Group is a Gold level member of Oracle Partner Network.
About CURRENT Group
CURRENT Group, LLC delivers innovative and industry-leading intelligent solutions that optimize the distribution system and offer utilities new ways to monitor and manage the health of the grid. Through CURRENT's distributed sensing, monitoring, and analytical technologies, utilities are better able to understand, predict and respond to system disturbances and faults, identify where inefficiencies are, and enable the smartest possible sourcing and distribution of power.
CURRENT’s Smart Grid solutions have been proven to reduce unplanned utility outages by 90% and reduce overall load requirements by up to 7%, thus reducing cost and carbon emissions. CURRENT’s technology is used in some of the highest profile U.S. and European Smart Grid projects and has been selected by 5 of the world’s 10 largest utilities as ranked by Platts. CURRENT, a private company, has been recognized by several awards including from the World Economic Forum, Dow Jones and AlwaysOn among others.
CURRENT is headquartered outside of Washington, DC, with activities throughout the United States, Continental Europe, the United Kingdom and Australia. For more information, visit www.currentgroup.com.
About Oracle Partner Network
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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Please join CURRENT at the San Diego Convention Center for the 2011 DistribuTECH Conference & Exhibition on February 1-3, 2011 at Booth 415 for a demonstration of our advanced analytics and control solutions or attend the following conference sessions:
Wednesday, February 2
9:30AM – 11:00AM
- Voltage Optimization at Blue Grass Energy
2:30PM – 4:00PM
- Smart Sensors Enabled Prognostic Grid Health Management; and
- Confluence of Networks – Unified Real-time Network Topology Management