CPS Energy to Power its Operations with Oracle Cloud [Yahoo! Finance]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance
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
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