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Nuklearna Elektrarna Krsko (NEK) Invests in Oracle Enterprise Asset Management To Unify Asset Information Across the Enterprise

Nuclear Power Plant Extends 23 Year Engagement with Oracle by Collaborating to Define Industry Requirements and by Relying on the Oracle E-Business Suite Release 12.1

Redwood Shores, Calif., - January 28, 2010

Nuklearna Elektrarna Krsko (NEK), Slovenia's and Croatia's only nuclear power plant, has extended its strategic relationship with Oracle. As part of this, Oracle will be providing NEK with a long term IT solution and the parties will cooperate to develop industry requirements for the next generation technology applications in the nuclear utilities market.
• Specifically, NEK will become a member of the Oracle Enterprise Asset Management (eAM) Customer Advisory Board. In addition NEK will lead the newly formed Nuclear Power Generation Special Interest Group within Oracle Application User Group.
• To help support NEK's continuous efforts to improve plant safety and reliability, as well as cost effectiveness of plant operations, Oracle will implement Oracle Enterprise Asset Management (eAM), and the Oracle E-Business Suite Release 12.1 at the NEK.
• Oracle eAM will replace NEK's legacy maintenance management system and was chosen because of it being a single, integrated system with unrivalled functionalities for asset management and supply chain planning.
• Oracle eAM will help unify NEK's information environment and deliver asset lifecycle management, as well as leaner operations and improved return on capital investments.
• The Oracle E-Business Suite will deliver integrated work and supply chain management for NEK, incorporating visual navigation planning, work order processing and nuclear systems maintenance.
• The project will be rolled out in three phases, with the first 'pilot' phase beginning in December 2009, followed by the second 'build phase' in April 2010 and the final 'transition' phase in November 2010.

Supporting Quotes
• "Being responsible for supplying a significant part of Slovenia's and Croatia's electricity means it is critical that we have a state of the art maintenance management system able to automate our business processes and deliver information in one place. We chose to work with Oracle because we could develop a strategic partnership which not only supports our requirements, but will be a benefit for the global nuclear power industry and will bring us next-generation industry solutions," said Zeljko Reljic, CIO of Nuklearna Elektrarna Krsko.
• "NEK is one of Europe's leading nuclear utilities and we're pleased to be continuing our 23 year relationship with the company. We see the nuclear utilities sector as one of the most strategic and complex industries, and being able to deliver enterprise applications that support business processes is what Oracle does best," said Jon Chorley, Oracle Vice President, Product Strategy. "We look forward to working closely with NEK to implement the Oracle E-Business Suite Release 12.1 which includes an effective maintenance management system and to support a next generation vision of technology applications in nuclear utilities."

Supporting Resources
Oracle Applications
Oracle E-Business Suite Release 12.1
Oracle Enterprise Asset Management

About Oracle
Oracle (NASDAQ: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

# # #

Contacts
Samuel Hall
Oracle
+44 (0)118 924 6332
[email protected]

Shamima Begum
CMG
+44 (0)207 067 0469
[email protected]

Read the original blog entry...

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