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1Z0-562 Oracle Utilities Customer custody and Billing 2 Essentials

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1Z0-562 exam Dumps Source : Oracle Utilities Customer custody and Billing 2 Essentials

Test Code : 1Z0-562
Test designation : Oracle Utilities Customer custody and Billing 2 Essentials
Vendor designation : Oracle
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Oracle Oracle Utilities Customer Care

Triniti Consulting effectively Deploys Oracle Utilities Meter statistics administration at Avista Utilities | killexams.com existent Questions and Pass4sure dumps

When asked concerning the partnership with Triniti, vice chairman, Chief tips and protection Officer Jim Kensok had this to claim, "Given Avista's lengthy historical past of innovation, they selected to companion with Triniti as a result of they knew that in order to control this first-of-its-variety implementation, it might require a totally-skilled team. despite the complexities of the mission, it became achieved on time. Equally essential – it has created the core basis for future initiatives. It become one among most successful gigantic mission implementations that we've got ever completed at Avista."  

Mary Silkworth, manager of commerce techniques, adds, "At Avista, best of provider for their consumers is one of the most vital points of their business. Over the course of their go-reside event, and sum through the weeks following go-reside, their carrier exceptional measures remained consistent. truly, their consumers likely certainly not even knew a device of this magnitude was being carried out. It was an amazingly effectual go-reside weekend and the whole Avista / Triniti group achieved a fanciful success."

Dan Byrnes, group vice president, Product construction at Oracle, reiterates this element, "it subsist entertaining to peer the partnership of Triniti and Avista embracing the integrated confess system that they absorb now been focusing on for a few years. They suppose that this approach will present large cost by bettering the customer journey and enabling operational efficiencies for their purchasers. Triniti has placed Avista well to further improvement from their imaginative and prescient." 

To learn extra concerning the success of this chore or about Triniti Consulting, contact Triniti at information@triniticonsulting.com.

About Avista Utilities Avista Utilities is worried in the creation, transmission and distribution of power. They give power capabilities and electrical energy to 379,000 purchasers and herbal gasoline to 343,000 purchasers in a carrier territory that covers 30,000 square miles in jap Washington, northern Idaho and constituents of southern and eastern Oregon, with a population of 1.6 million.  Avista Utilities is an operating division of Avista Corp. For more information, tickle talk over with www.myavista.com.

The Avista emblem is a trademark of Avista enterprise.

About Triniti Triniti Consulting is a girl-owned consulting company that offers business-pushed expertise solutions to address the needs and challenges of the up to date, digital utility. Triniti is composed of notion-leaders who no longer most effectual remove into account how the trade is constructing nowadays however where it is stepping into the long run. This makes it viable for Triniti to lead utilities within the pattern solutions to meet the most tangled commerce requirements of nowadays, whereas pile scalable and adaptable solutions for the longer term. Triniti has wide capabilities and adventure in key industry strategies supported via Oracle Utilities sensible grid solutions, including but no longer restricted to, streamlining meter-to-cash processes, promoting consumer tryst initiatives, and advancing and optimizing distribution automation. Leveraging industry most useful practices, breadth of journey integrating with third birthday party purposes, and in-depth potential of the Oracle Utilities items, Triniti can aid utilities of sum sizes exceed brief and future strategic goals. For more information, search recommendation from www.triniticonsulting.com

About Oracle PartnerNetwork Oracle PartnerNetwork (OPN) is Oracle's companion software that gives partners with a differentiated potential to enhance, sell and enforce Oracle solutions. OPN presents materials to coach and back specialized potential of Oracle's products and solutions and has advanced to recognize Oracle's becoming product portfolio, associate foundation and company possibility. Key to the newest enhancements to OPN is the talent for companions to subsist diagnosed and rewarded for their funding in Oracle Cloud. companions enticing with Oracle might subsist in a position to differentiate their Oracle Cloud competencies and success with consumers in the course of the OPN Cloud program – an imaginative software that enhances present OPN application tiers with tiers of attention and modern benefits for companions working with Oracle Cloud. To find out extra discuss with: https://www.oracle.com/partners.

logos Oracle and Java are registered logos of Oracle and/or its affiliates. different names may subsist trademarks of their respective homeowners.

Cision View customary content:https://www.prnewswire.com/information-releases/triniti-consulting-efficaciously-deploys-oracle-utilities-meter-data-administration-at-avista-utilities-300585946.html

supply Triniti Consulting, LLC


Oracle Utilities consumer custody and Billing With Oracle Exadata Database computer Demonstrates severe performance for Utility invoice Processing | killexams.com existent Questions and Pass4sure dumps

REDWOOD SHORES, CA--(Marketwire -09/13/eleven)- Oracle (NASDAQ: ORCL - news)

information statistics

  • Oracle Utilities client custody and Billing 2.three.1 running with Oracle Exadata Database desktop X2-2 processed an unheard of 16,500 bills per minute or 993,240 expenses per hour.(1) In exams, a typical nighttime's billing dash for a utility with a million shoppers -- forty seven,600 expenses -- became processed in 2.87 minutes.
  • The verify used 365 days of historical monetary information for a regular distribution enterprise with a million accounts: eighty p.c residential, 18 p.c business, 2 percent industrial (interval billing).
  • As utilities draw fresh carrier options and courses including sane grid, responding to emerging consumer and neighborhood wants is a factual precedence. Internally, utilities should carry, as an instance, pre-paid utilities services, claim response and near-actual-time entry to consumer information whereas retaining invoice throughput for well timed salary circulation. for this reason, a utility using a monthly billing cycle typically should draw for about 21 in a single day billing runs per 30 days, besides unanticipated delays.
  • testing details

  • The extravagant cost of throughput changed into viable essentially because of the multiplied enter/output potential in Exadata, which points tremendously tuned and balanced features of computing, storage and networking that conform and scale predictably. Oracle Utilities customer custody and Billing on Exadata required fewer input/output operations -- only forty eight.5 per invoice on typical, while a non-Exadata server customarily required 73.7.
  • verify results point out abundant elbowroom for extra boom (scaling), because the Exadata quarter rack database server with two RAC nodes was utilized less than fifty five p.c at the benchmark level.(2)
  • testing changed into achieved on a quarter rack Oracle Exadata Database computing device X2-2 working Oracle Database 11g and Oracle factual application Clusters with Oracle Utilities consumer custody and Billing 2.3.1 on the software tier operating on Oracle's sun fire X4770 server.
  • built the employ of commerce proper hardware components, and clever database and storage software from Oracle, Oracle Exadata Database machine powers the greatest and most vital OLTP and information warehousing applications up to 10x faster than before.
  • aiding Quote

  • "This benchmark demonstrates that Oracle application and hardware systems -- engineered to toil collectively, and available today -- can manner hobbies consumer bills in a fraction of the time historically used with the aid of most utilities. it is a primary step towards demonstrating Oracle's advanced means to help utilities deal with the sensible grid's expected 'information deluge,'" mentioned Linda Jackman, neighborhood vice chairman of product administration, Oracle Utilities.
  • supporting materials

    About Oracle Utilities

    Oracle Utilities supplies proven utility purposes that help utilities of every kind and sizes obtain competitive capabilities, enterprise performance excellence and a reduce total cost of know-how possession. Oracle Utilities integrates industry-specific customer custody and billing, network administration, toil and asset administration, mobile personnel administration and meter information administration applications with the capabilities of Oracle's business-leading commerce functions, enterprise intelligence tools, middleware, and database applied sciences. The software enables clients to conform more nimbly to market deregulation, meet ever-evolving consumer demands, and bring on environmental conservation commitments. moreover, Oracle Utilities helps utilities prepare for smart metering and smart grid initiatives that boost effectivity and provide significant intelligence metrics that can back power greater-suggested energy and water usage decisions for patrons and groups. For extra suggestions, visit www.oracle.com/goto/utilities.

    About Oracle Exadata

    The Oracle Exadata Database laptop is the best database machine that offers severe efficiency for each facts warehousing and on-line transaction processing (OLTP) functions. It manages more facts on varied compression tiers, improves efficiency of sum purposes, and helps agencies produce enhanced company choices in factual time.

    About Oracle

    Oracle (NASDAQ: ORCL - news) provides the most finished, open, and integrated company utility and hardware techniques on the planet. For greater information about Oracle, discuss with oracle.com.

    Trademark

    Oracle and Java are registered logos of Oracle and/or its associates. different names can subsist trademarks of their respective house owners.

    (1) "Oracle Utilities consumer custody and Billing 2.three.1 performance Benchmark on Oracle Exadata," Oracle, July 2011.

    (2) "Oracle Utilities client custody and Billing 2.three.1 efficiency Benchmark on Oracle Exadata," Oracle, July 2011.


    UC4 Achieves Oracle Validated Integration With Oracle® Utilities consumer custody & Billing | killexams.com existent Questions and Pass4sure dumps

    source: UC4 application

    UC4 Software

    September sixteen, 2009 14:27 ET

    mixed solution Simplifies Implementations and Automates commerce tactics

    BELLEVUE, WA--(Marketwire - September sixteen, 2009) - UC4 utility, a number one company of workload automation solutions, these days announced that during the Oracle PartnerNetwork application Integration structure for partners initiative (AIAP), UC4 has successfully achieved Oracle validated integration of UC4 Workload Automation Suite with Oracle® Utilities 2.2. UC4 is currently the only seller that has labored with Oracle Utilities to proffer an Oracle validated integration for customer custody and billing (CC&B).

    "ensuring error-free billing strategies and first-class client carrier are propitious priorities for utilities corporations. Oracle Utilities with UC4 helps pellucid up automation challenges and permits processes to dash faster and extra successfully," pointed out Dion Gluck, director, strategic alliances, UC4 application. "As an authorized expertise associate in the Oracle PartnerNetwork, UC4 is quiet committed to protecting validation with Oracle purposes, and we're excited to currently subsist the most effectual commerce providing a validated integration for CC&B."

    "achieving validated integration during the Oracle PartnerNetwork application Integration architecture for partners initiative offers customers self credit that the integration between UC4 Workload Automation Suite and Oracle Utilities 2.2 has been validated and the products toil collectively as designed," pointed out Mary Arbelaez, senior director, Oracle PartnerNetwork. "this can assist in the reduction of possibility, enhance gadget implementation cycles, and provide for smoother enhancements and easier renovation. Validation via this initiative applies a rigorous technical technique to evaluation the integrations."

    UC4 reduces blunders by means of automating most of the middling lead handoffs that spin up sum the course through billing and economic tactics. UC4 integrates with the newly released Oracle Utilities customer custody and Billing edition 2.2 and may conform to its fresh light-weight automation submission scripts and technology. via its relationship with Oracle, UC4 application developed the confess to multiply Oracle's onboard scheduling and automation device and to hurry Oracle Utilities customer custody and Billing implementations.

    Oracle Utilities customer custody and Billing jobs and job streams can likewise subsist imported into UC4, and as soon as imported, are without hardship modified to meet the particular wants of a firm. techniques gain into view, absolutely auditable and more straightforward to maintain via UC4 and the end-to-end enterprise manner is accelerated. When paired with Oracle Utilities, UC4 can significantly slash automation agenda construction and implementation time, in addition to slash back ongoing protection, resulting in a reduce TCO and quicker ROI.

    As an Oracle associate, UC4 utility likewise presents proven solutions for Oracle E-business Suite, Oracle Retail, and Oracle's PeopleSoft, JD Edwards, and Siebel options.

    About UC4 application

    UC4 software is the leading issuer of clever service automation solutions that permit businesses to unite IT provider delivery with commerce demand. Combining actual-time intelligence with simply-in-time execution ensures consumers can automate tactics that traverse on-premises, virtualized and cloud computing structures at low risk and value. In extra of 1600 organizations worldwide absorb confidence in UC4 to automate the mission-critical IT programs that power their commerce operations. visit www.uc4.com for greater assistance.

    utility Integration structure for companions

    Validation through Oracle PartnerNetwork application Integration architecture for partners gives shoppers self assurance that integrations between Oracle purposes and complementary associate solutions absorb been validated and the items toil together as designed. this may assist in the reduction of chance, enhance device implementation cycles, and supply for smoother upgrades and less difficult upkeep. Validation through this initiative applies a rigorous technical technique to evaluation the integrations of third-birthday celebration software to Oracle applications products, including productized repeatable integrations from gear integrators. Oracle provides equipment, substances and training to help partners in the integration. partners who've effectively validated their integrations are authorized to employ the "integrated with Oracle" emblem. For extra information, tickle search recommendation from Oracle.com at http://www.oracle.com/partnerships/isv/integration/search.html

    concerning the Oracle PartnerNetwork

    Oracle PartnerNetwork is a worldwide commerce network of more than 20,000 organizations who bring creative utility solutions according to Oracle software. through entry to Oracle's premier products, training, technical functions, marketing and income aid, the Oracle PartnerNetwork program offers partners with the supplies they deserve to subsist a success in brand fresh world economic climate. Oracle companions are capable of present their shoppers main-edge solutions backed by Oracle's position because the world's greatest commerce utility company. partners who are in a position to betray advanced product expertise, technical capabilities and a dedication to doing commerce with Oracle qualify for the licensed ally stages. http://oraclepartnernetwork.oracle.com.

    Oracle is a registered trademark of Oracle enterprise and/or its associates.


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    Oracle Utilities Customer custody and Billing 2 Essentials

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    Oracle Utilities toil and Asset Management 1.9.1.2 Helps Utilities help toil Planning and Asset Maintenance Assessment Processes | killexams.com existent questions and Pass4sure dumps

    REDWOOD SHORES, CA--(Marketwired - Sep 9, 2014) - Oracle ( NYSE : ORCL )

    News Summary Oracle announced the availability of Oracle Utilities toil and Asset Management 1.9.1.2, with fresh enhancements to help electric, gas, and water utilities achieve greater operational efficiency through streamlined toil planning processes and improved enterprise asset management and reliability. The latest release provides utilities with increased visibility into toil planning information and enables them to become proactive in tracking, evaluating, and replacing assets to multiply enterprise reliability.

    News Facts

  • Oracle announced the availability of Oracle Utilities toil and Asset Management 1.9.1.2, with more than 40 feature enhancements to help utilities help toil planning processes, enterprise asset management (EAM), and assessment capabilities.
  • Oracle Utilities toil and Asset Management 1.9.1.2 enables utilities to streamline their toil planning processes to back a continuous cycle of improvement for job plans to mitigate job delays and wasted time, which has a direct correlation to increased wrench time and asset reliability. 
  • Enhancements within the Oracle Utilities toil and Asset Management failure mode and effects analysis instrument involve both preventive maintenance plans and corrective action toil templates, allowing utilities to identify what failures their preventive maintenance program is attempting to mitigate as well as to identify the corrective action to remove when a specific type of failure occurs. Additionally, the Oracle instrument allows users to associate failures to specific components within an asset to ensure utilities can document and develop more comprehensive maintenance strategies.
  • Oracle Utilities toil and Asset Management 1.9.1.2 likewise offers enhanced asset condition assessment functionality to better back capital planning. Utilities can now automatically compute a total asset condition score based on multiple and varied inspection assessments to give a more accurate picture of an asset's health and life expectancy (for example, calculating how much more quickly an asset will fail in a highly corrosive environment). In addition, utilities can automatically derive a "Confidence Rating" based on the age of the condition assessments performed within the system. These fresh features combine to help utilities better track, evaluate, and produce informed asset-repair or -replace decisions.
  • Supporting Quotes

  • "Oracle worked closely with Veolia to develop enhancements that ensure Oracle Utilities toil and Asset Management 1.9.1.2 supports best commerce practices for maintenance planning and scheduling. An advanced EAM solution needs to effectively back an environment where it is easy to continually help job plans. The fresh update contains significant enhancements that back a structured cycle of improvement for job plans, including the talent to locate toil order templates associated to enjoy assets based on shared bill-of-material records, and the talent to link both preventive maintenance plans and corrective action toil templates to gear class and type failure modes," said Robert Dannenberg, manager, EAM Application Services, Veolia Water.
  • "Oracle and Seattle City Light worked together to identify where they could gain efficiencies in the toil planning process related to the installation of mass assets for fresh or replacement services. The fresh Oracle Utilities toil and Asset Management features automate the process of adding hundreds of assets to the very toil order task, which reduces the time they spend on routine activities so their planners can concentrate on planning captious work," said Lesley Wilson, senior commerce analyst, Information Technology Services Division, Seattle City Light.
  • "The Oracle team is doing powerful things with its Oracle Utilities toil and Asset Management system. The more I discern planning as sum about continually improving toil plans, I discern Oracle continually improving Oracle Utilities toil and Asset Management to allow that to happen. The latest release, 1.9.1.2, helps planners to register their job plans better against assets so they can record issues of the past to guard against issues in the future," said Doc Palmer, founder of Richard Palmer & Associates and author of the bestselling Maintenance Planning & Scheduling Handbook.
  • "Today's electric, gas, and water utilities are recognizing the exigency to approach toil planning and asset management with end-to-end visibility and control. Oracle Utilities toil and Asset Management 1.9.1.2 helps utilities meet those objectives by enabling them to simplify the toil planning process, help job scheduling, and enhance both short-term and long-term asset maintenance decisions. Further, it helps help employee productivity and reduce costs. Ultimately, the latest release enables utilities to help service through toil planning and asset optimization," said Rodger Smith, senior vice president and universal manager, Oracle Utilities.
  • Supporting Resources

    About Oracle Utilities Oracle Utilities delivers proven software applications that help utilities of sum types and sizes achieve competitive advantage, commerce performance excellence, and a lower total cost of technology ownership. Oracle Utilities integrates industry-specific customer custody and billing, network management, toil and asset management, mobile workforce management, and meter data management applications with the capabilities of Oracle's industry-leading enterprise applications, commerce intelligence tools, middleware, database technologies, and server and storage systems. The software enables customers to conform more nimbly to market deregulation, meet ever-evolving customer demands, and deliver on environmental conservation commitments. Additionally, Oracle Utilities helps utilities prepare for smart metering and smart grid initiatives that enhance efficiency and provide captious intelligence metrics that can help drive more-informed energy and water usage decisions for consumers and businesses. For more information, visit www.oracle.com/goto/utilities.

    About Oracle Oracle engineers hardware and software to toil together in the cloud and in your data center. For more information about Oracle ( NYSE : ORCL ), visit www.oracle.com.

    Trademark Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may subsist trademarks of their respective owners.


    Baltimore Gas and Electric Company Teams with Accenture and Oracle For Smart Meter Implementation Throughout Central Maryland | killexams.com existent questions and Pass4sure dumps

    BALTIMORE; Sept. 20, 2010 -- Baltimore Gas and Electric (BGE), a subsidiary of Constellation Energy (NYSE: CEG), has teamed with Accenture (NYSE: ACN) and Oracle to implement a smart meter network for its 1.2 million customers. The planned implementation is share of BGE’s smart grid initiative that aims to reduce peak electricity demand, multiply customer service and enhance operational performance.  Smart grid will provide customers with detailed information regarding energy consumption and cost, and will deliver data that will enable BGE to enhance the performance of its distribution network. Combined with BGE’s energy efficiency and claim response initiatives, smart grid will help the state of Maryland, under EmPOWER Maryland, achieve its goal of a 15 percent reduction in total system claim by 2015. 

    “BGE is pleased to ally with both Accenture and Oracle - two premier companies - that will enable us to deliver the significant transformational benefits of smart grid to each of their 1.2 million customers,” said Kenneth W. DeFontes, president and chief executive officer of BGE. “Those benefits involve at least $2.5 billion worth of savings for BGE customers over the life of the project, as well as major fresh enhancements in customer service and reliability. Accenture’s experience in smart networks and Oracle’s in software, positions BGE to produce those transformational benefits a reality.” 

    Accenture will provide systems integration services including the design, build and management of a customer web portal, meter data management system, advanced metering infrastructure (AMI), and integration related to BGE’s customer custody and billing and outage management systems. Accenture likewise will provide project management back through planning, execution, bailiwick deployment and change management activities.   

    BGE’s smart meter network will leverage Oracle’s utilities meter data management system to help manage and resolve tall volumes of meter data more effectively while providing customers with detailed energy usage data, which is expected to result in decreased peak energy consumption and electric bills. BGE likewise plans to integrate the meter data management system with its existing Oracle utilities network (outage) management system to enhance outage management processes with near real-time outage and restoration verification capabilities. 

    Stu Solomon, senior executive in Accenture’s Utilities industry group, said, “BGE, as an industry leader, is committed to transforming its commerce and network to better serve its customers, strengthen its workforce, and comply with regulatory requirements. The U.S. Department of Energy, through the Smart Grid program, has granted BGE a unique opportunity to further enhance its infrastructure so that its customers can benefit from enhanced reliability, reduced costs, and greater control of their home energy usage. Accenture is committed to helping BGE leverage the power of smart networks and build a grid of the future so that utility customers in Central Maryland can realize the benefits envisioned by BGE and regulatory authorities.” 

    Stephan Scholl, senior vice president and universal manager for Oracle Utilities said, “We’re pleased to team with Accenture to deliver tangible commerce value to BGE and its smart grid initiatives. BGE’s investment in several Oracle Utilities products validates the comprehensive smart grid option they proffer to the industry.” 

    As share of its implementation of smart grid, BGE plans to subsist one of the first utilities in the nation to proffer smart energy pricing, whereby customers can earn rebates for reducing electricity usage during peak times of the day. In 2008 and 2009 respectively, BGE, with the back of Accenture, conducted two smart energy pricing pilots during which participating households reduced peak energy consumption ranging from 22 percent to 37 percent. BGE estimates reduction in energy usage will ease the exigency for future power generation plants and other capacity upgrades which will reduce costs for BGE and its customers. 

    About BGE

    BGE, www.bge.com, headquartered in Baltimore, is Maryland’s largest gas and electric utility, delivering power to more than 1.2 million electric customers and more than 640,000 natural gas customers in Central Maryland. The company’s approximately 3,000 employees are committed to the safe and reliable delivery of gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. BGE is a wholly-owned subsidiary of Constellation Energy, www.constellation.com, a FORTUNE 125 company likewise headquartered in Baltimore with subsidiaries that generate, sell and deliver energy and provide other energy-related services to customers throughout North America.

    About Accenture

    Accenture is a global management consulting, technology services and outsourcing company, with more than 190,000 people serving clients in more than 120 countries.  Combining unparalleled experience, comprehensive capabilities across sum industries and commerce functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments.  The company generated net revenues of US$21.58 billion for the fiscal year ended Aug. 31, 2009.  Its home page is www.accenture.com.

     

    About Oracle

    Oracle (NASDAQ: ORCL) provides the most complete, open, and integrated commerce software and hardware systems in the world. For more information about Oracle, visit oracle.com.

     

     

    TrademarkOracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may subsist trademarks of their respective owners.

    About Oracle Utilities

    Oracle Utilities delivers proven software applications that help utilities of sum types and sizes achieve competitive advantage, commerce performance excellence and a lower total cost of technology ownership. Oracle Utilities integrates industry-specific customer custody and billing, network management, toil and asset management, mobile workforce management and meter data management applications with the capabilities of Oracle’s industry-leading enterprise applications, commerce intelligence tools, middleware and database technologies. The software enables customers to conform more nimbly to market deregulation, meet ever-evolving customer demands and deliver on environmental conservation commitments. Additionally, Oracle Utilities helps utilities prepare for smart metering and smart grid initiatives that enhance efficiency and provide captious intelligence metrics that can help drive more-informed energy and water usage decisions for consumers and businesses. For more information, visit www.oracle.com/goto/utilities.

    Contact

     

    Matthew McGuinness

    Accenture

    + 44 77 400 38921

    Christine Yee Fields

    Accenture

    +1 330 234 6406


    Robbins Arroyo LLP: Acquisition of Opower, Inc. (OPWR) by Oracle Corporation (ORCL) May Not subsist in Shareholders' Best Interests | killexams.com existent questions and Pass4sure dumps

    SAN DIEGO & ARLINGTON, Va.--(BUSINESS WIRE)--Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Opower, Inc. (NYSE: OPWR) by Oracle Corporation (NYSE: ORCL). On May 2, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Oracle will acquire Opower. Under the terms of the agreement, Opower shareholders will receive $10.30 in cash for each share of Opower common stock.

    View this information on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/opower-inc

    Is the Proposed Acquisition Best for Opower and Its Shareholders?

    Robbins Arroyo LLP's investigation focuses on whether the board of directors at Opower is undertaking a impartial process to obtain maximum value and adequately compensate its shareholders.

    As an initial matter, the $10.30 merger consideration represents a premium of only 30.4% based on Opower's closing cost on April 29, 2016. This premium is below the middling one day premium of 37.6% for comparable transactions within the past five years. Further, the $10.30 merger consideration is below the target cost of $11.50 set by an analyst at Cowen on March 1, 2016. In the terminal three years, Opower traded as tall as $26.00 on April 4, 2014, and most recently traded above the merger consideration – at $10.41 – on January 6, 2016.

    On February 29, 2016, Opower reported stalwart earnings results for its fourth quarter and plenary year 2015. Total revenue for the fourth quarter of 2015 was $40.5 million, an multiply of 16% from the comparable age in 2014. Large, long-term contracts signed in 2015 increased Opower’s backlog to $480 million as of the halt of 2015, nearly double what it was at the halt of 2014. Opower likewise successfully launched a series of fresh products including NextWeb and Bill Advisor; and completed the rollout of its software platform. Opower beat consensus analyst estimates for revenue and adjusted net income in terminal four quarters. In commenting on these results, Opower Chief Executive Officer Dan Yates remarked, "2015 was a stalwart year for Opower. They renewed and expanded contracts with their three largest clients - Pacific Gas and Electric (PG&E), National Grid, and Exelon - and added significant fresh clients including Con Edison in fresh York and a major European utility, each of which signed in Q4. We’re seeing powerful traction with their Customer custody offerings – Digital tryst and Bill Advisor. They now absorb an expanded product set that qualifies us to address an even wider variety of utility challenges."

    In light of these facts, Robbins Arroyo LLP is examining Opower's board of directors' decision to sell the company now rather than allow shareholders to continue to participate in the company's continued success and future growth prospects.

    Opower shareholders absorb the option to file a class action lawsuit to ensure the board of directors obtains the best viable cost for shareholders and the disclosure of material information. Opower shareholders interested in information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or via the shareholder information profile on the firm's websiteOP.

    Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The law solid represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they absorb invested.

    Attorney Advertising. Past results consequence not guarantee a similar outcome.



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