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CPS Energy to Power its Operations with Oracle Cloud

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Oracle announced that CPS Energy plans to standardize its technologies on a modern Oracle cloud platform, aiming to optimize operations and enhance service for its 1.3M customers. This collaboration supports CPS Energy's Vision 2027 plan and Oracle's mission to serve major municipal utilities in the US. The new platform will revolutionize internal operations, providing more options for customers and improving efficiency and innovation.

Oracle ha annunciato che CPS Energy ha intenzione di standardizzare le proprie tecnologie su una moderna piattaforma cloud di Oracle, con l'obiettivo di ottimizzare le operazioni e migliorare il servizio per i suoi 1,3 milioni di clienti. Questa collaborazione sostiene il piano Vision 2027 di CPS Energy e la missione di Oracle di servire le principali utilities municipali negli USA. La nuova piattaforma rivoluzionerà le operazioni interne, offrendo più opzioni ai clienti e migliorando l'efficienza e l'innovazione.
Oracle anunció que CPS Energy planea estandarizar sus tecnologías en una moderna plataforma en la nube de Oracle, con el objetivo de optimizar operaciones y mejorar el servicio para sus 1.3 millones de clientes. Esta colaboración apoya el plan Vision 2027 de CPS Energy y la misión de Oracle de atender a las principales utilidades municipales en los EE. UU. La nueva plataforma revolucionará las operaciones internas, ofreciendo más opciones para los clientes y mejorando la eficiencia y la innovación.
Oracle는 CPS Energy가 현대적인 Oracle 클라우드 플랫폼에 기술을 표준화할 계획이라고 발표했습니다. 이는 130만 고객의 운영을 최적화하고 서비스를 향상시키기 위함입니다. 이 협력은 CPS Energy의 Vision 2027 계획과 미국 주요 시정부 유틸리티를 서비스하려는 Oracle의 미션을 지원합니다. 새로운 플랫폼은 내부 운영을 혁신할 뿐만 아니라, 고객에게 더 많은 선택권을 제공하고 효율성과 혁신을 향상시킬 것입니다.
Oracle a annoncé que CPS Energy prévoit de standardiser ses technologies sur une plateforme cloud moderne d'Oracle, dans le but d'optimiser les opérations et d'améliorer les services pour ses 1,3 million de clients. Cette collaboration soutient le plan Vision 2027 de CPS Energy et la mission d'Oracle de servir les principales utilités municipales aux États-Unis. La nouvelle plateforme va révolutionner les opérations internes, offrant plus d'options aux clients et améliorant l'efficience et l'innovation.
Oracle hat angekündigt, dass CPS Energy plant, seine Technologien auf einer modernen Oracle-Cloud-Plattform zu standardisieren, um den Betrieb zu optimieren und den Service für seine 1,3 Millionen Kunden zu verbessern. Diese Zusammenarbeit unterstützt den Vision 2027-Plan von CPS Energy und die Mission von Oracle, große kommunale Versorgungsunternehmen in den USA zu bedienen. Die neue Plattform wird die internen Abläufe revolutionieren, den Kunden mehr Optionen bieten und Effizienz sowie Innovation verbessern.
Positive
  • CPS Energy standardizing on Oracle's modern cloud platform to optimize operations and enhance customer service.

  • Collaboration supports CPS Energy's Vision 2027 plan for rapid transformation in San Antonio.

  • Oracle's AI-backed utility applications to serve six of the largest municipal utilities in the US.

  • Oracle's technology revolutionizing CPS Energy's internal operations and customer engagement.

Negative
  • No negative aspects reported in the press release.

Nation's largest community-owned provider of electric and natural gas services standardizes on Oracle's AI-supported technology to improve efficiency and customer service

AUSTIN, Texas, April 30, 2024 /PRNewswire/ -- Oracle today announced that CPS Energy plans to standardize its mission critical technologies on a single, modern Oracle cloud platform. By integrating data and processes across the utility, CPS Energy can optimize its operations and enhance service for its 1.3M customers. This collaboration supports the utility's Vision 2027 strategic plan designed to provide rapid transformational change to the City of San Antonio while delivering on its commitment to be a trusted and reliable community partner.

With this collaboration, Oracle's mission critical utility applications now serve six of the ten largest municipal utilities in the US.

Established in 1860, CPS Energy is the nation's largest community-owned provider of electric and natural gas services. It provides services to 930,114 electric and 381,379 natural gas customers in San Antonio and portions of seven adjoining counties. The utility reports that its customer bills rank among the lowest of the nation's 20 largest cities.

"Leveraging Oracle's technology marks the beginning of a revolution in our internal operations and most importantly, our commitment to provide our valued customers with more options for how they use our services and engage with us," said Evan O'Mahoney Chief Information Officer of CPS Energy.

With Oracle's utility-proven portfolio of cloud applications for finance, operations, HR, customer service, and capital projects, CPS Energy can better serve its customers while increasing efficiency and innovation.  

Oracle's AI-backed customer platform, including automated utility billing and customer service, is designed to provide service agents a complete view of each residential and commercial customer, along with contextual suggestions, to enable them to enhance the value of every interaction. In tandem, modern field service management tools can help auto schedule and route workers in the field to support on-time arrivals and faster issue resolutions. Oracle's work and asset management and construction technologies also can enable the utility to better track, visualize, and analyze the performance of its assets to help save money and optimize the return on investment of capital projects.

This new customer-centric platform is designed to serve as the foundation for CPS Energy to continually evolve the services it brings to customers, such as offering new rate options or providing more affordability outreach so that everyone continues to receive reliable, competitively priced, sustainable, and equitable energy services.

With AI-embedded throughout the Oracle Fusion Cloud Application Suite, CPS Energy can also connect finance, human resources, supply chain, and customer experience processes to help improve insights and enhance the employee and customer experience.

"To solve for today's complex energy market challenges, CPS Energy needed modern, smart, and agile technology that can move with the changing dynamics of its customers, business, and communities," said Creighton Oyler, senior vice president and general manager of Oracle Energy and Water. "We are proud to be able to collaborate with CPS Energy on its transformation journey and 2027 Vision. With our complete cloud platform for utilities, CPS Energy can benefit from connected data and tools to help improve how they do business and serve customers for years to come."

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 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.

About CPS Energy  
Established in 1860, CPS Energy is the nation's largest public power, natural gas, and electric company, providing safe, reliable, and competitively priced service to more than 930,114 electric and 381,379 natural gas customers in San Antonio and portions of seven adjoining counties. Our customers' combined energy bills rank among the lowest of the nation's 20 largest cities – while generating $9 billion in revenue for the City of San Antonio for 80 years. As a trusted and strong community partner, we continuously focus on job creation, economic development, and educational investment. We are powered by our skilled workforce, whose commitment to the community is demonstrated through our employees' volunteerism in giving back to our city and programs aimed at bringing value to our customers. CPS Energy is among the top public power wind energy buyers in the nation and number one in Texas for solar generation.   

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SOURCE Oracle

FAQ

<p>What is the main focus of the collaboration between Oracle and CPS Energy?</p>

The main focus is to standardize CPS Energy's technologies on a modern Oracle cloud platform to optimize operations and enhance customer service.

<p>How many customers does CPS Energy serve?</p>

CPS Energy serves 1.3 million customers.

<p>What is CPS Energy's Vision 2027 plan?</p>

CPS Energy's Vision 2027 plan involves rapid transformation in San Antonio while delivering reliable services to the community.

<p>What utility applications from Oracle will CPS Energy utilize?</p>

CPS Energy will use Oracle's cloud applications for finance, operations, HR, customer service, and capital projects.

<p>How will Oracle's AI-backed customer platform benefit CPS Energy?</p>

Oracle's AI-backed platform will provide service agents a complete view of each customer and enable better interactions through contextual suggestions.

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