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Oracle Utilities Work and Asset Management

Product
The name of the base system (platform): Oracle Utilities
Developers: Oracle
Date of the premiere of the system: 2015/06/02
Technology: EAM

Utilities Work and Asset Management is a management system for production assets, maintenance and repairs. The product is focused on service providers electro-, gas - and water supply, the ZhKK enterprise.

On June 2, 2015 the Oracle corporation announced release of the solution Oracle Utilities Work and Asset Management 2.1.

Oracle Utilities Work and Asset Management 2.1 acts on a technology platform of Oracle applications of Utilities.

Oracle Utilities Work and Asset Management 2.1 offers the enterprises of the sphere of power and ZhKK an effective method of expansion of abilities to manage corporate processes and customer service. As a part of the solution the built-in analytical opportunities allowing to automate tasks, based on data processing and continuously to improve planning process to try to obtain large volumes at smaller costs. Personalisation of the system interface in compliance for increase in productivity of work of personnel is possible.

A system provides the unified centralized environment for sharing of the production assets given about types and provides heads with the enterprises information support in decision making on formation of an effective investment program, optimization of labor resources, reduction of operating costs on the basis of growth of efficiency of the capital investments, use of best practices, modern techniques and standards, at simultaneous providing requirements of regulating authorities and increase in security and environmental protection, with ensuring quality of the services provided to clients.

Oracle Utilities Work and Asset Management 2.1 helps to reveal and reduce risks for personnel and the environment, using a complex of tools of the analysis in real time, assisting in accident prevention, tracing a status of production assets and defining the optimal strategy of maintenance and repairs. In particular, the updated solution contains the asset status assessment techniques providing effective management of risks and offers the new interface for simplification of access to necessary information. The given techniques estimates allow the enterprises of power and housing and public utilities to consider a set of factors for measure definition of performance of specific assets. Estimates of a status are constantly updated, reflecting all state changes of assets, such as the carried-out maintenance or repair. Using estimates of a status of production assets became possible to control risks in real time for increase in efficiency of solutions on repair or replacement of the equipment.

The new solution created using the advanced means and building tools of applications can be expanded functionally, without special setup and with ensuring further upgrade. Besides, integration into solutions of Oracle on process automation of corporate management for the industries of power and housing and public utilities helps the customers using a complex of the solutions Oracle Utilities to provide information exchange between applications for optimization of operating activities. The enterprises can use the same resources for management of a complex of the systems of Oracle that reduces the costs necessary for support of business processes.