Today, many utilities companies struggle with inefficient, manual processes and reporting constraints while regulators increasingly demand efficiency and lower operating costs. At PwC, we work with utilities companies around the world to develop unique, Oracle-based solutions to address these industry challenges. Our PwC Utilities Model System helps companies introduce new capabilities that can change their business moving forward. Integrating EAM systems and Powerplan is a common challenge and our model system takes into account key decisions on these integrated solutions. Mobile technologies and rapid business insights can help utilities move forward with new capabilities.
For utilities companies, we believe technology isn’t just a component of business transformation - it’s central to a successful business outcome.
Our long-standing relationships with industry and peer companies allows us to provide expert guidance focused on delivering business value. Through our network, experience and proprietary research, we’ve identified forces that are driving changes in customer expectations. In the utilities industry, the main disruptive forces are demographic shifts, technological advances, accelerated urbanization, and regulatory drivers.
Leveraging Oracle technologies and our proprietary methods and tools, we’ve developed personalized solutions for our clients to help utility companies stay nimble, change and grow with the digital age, and meet rapidly changing customer expectations.
We focus on helping utilities companies introduce new capabilities through Oracle technologies. Our Utilities Model System is a framework we use to guide our clients through their business transformation from start to finish, with accelerators and tools to maximize business value. A core differentiator is our ability to reach top-level customer satisfaction and to deliver O&M savings through process standardization and optimization.
We apply Oracle technologies to accommodate and get ahead of evolving customer and market conditions. The ultra-fast pace of modern business demands ultra-fast evolutions, so we help reframe business challenges by seamlessly integrating processes, breaking down silos, altering mindsets, and uncovering new value.
Together, we offer solutions and guidance to support FERC and GAAP accounting, financial reporting and integration with PowerPlan for Capital Projects and Fixed Assets and Enterprise Asset Management solutions such as Maximo.
We are constantly redefining what it means to think, act, and deliver in ways that reject the status quo. And we think differently in order to make the biggest difference in our clients’ successes. Our holistic approach utilizes both technology and process change to drive transformation.
With each client engagement, our model system provides a clear roadmap for business transformation, journey from start to finish. We are there guiding you every step of the way, providing insights on key decisions and how peers are approaching these issues as well.
Our approach centers on identifying the business outcomes that matter most, so we see the whole picture, not just the first steps. Our efforts center around increasing value, speed, focus, and agility through the unique lens of the utility and energy sector.
Value: It is not just about the success of the program, it is about the value generated for our client.
Speed: In addition, it is the time to value that creates momentum required for our client's success.
Focus: Creating a sustained competitive advantage requires focus on the organization's strategy, not the program strategy.
Agility: To enable future success for the client, our approach focuses on creating sustainable outcomes which can evolve as market conditions change.
A Midwest utilities company found themselves operating two autonomous and highly customized information systems after acquiring a competing electricity and natural gas distributor. With increasing disruptive forces challenging the utilities industry, this Midwest Utilities Company wanted to modernize their operations by uniting their IT infrastructure in order to deliver a new standard of excellence for their customers. They chose PwC to help guide them through this business transformation and realize their objectives of having a single platform powered by Oracle Utilities solutions.