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Energy · head to head

Novity vs Oracle Utilities

Novity logo

Novity

Energy

Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment

From
On request
Rated
-
Full reviewWebsite
Oracle Utilities logo

Oracle Utilities

Energy

Complete customer care and billing for utilities

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Novity novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.; Oracle Utilities oracle Utilities does not appear on Oracle's published price list index, which covers Technology, eBusiness Suite, Fusion Applications, Engineered Systems, Business Intelligence, Siebel, PeopleSoft, JD Edwards, MySQL, Java and several cloud lines
  • They diverge on capability: Novity covers TruPrognostics engine, Oracle Utilities covers Customer information system.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Novity and Oracle Utilities actually diverge.

Attributes where Novity and Oracle Utilities differ
AttributeNovityOracle Utilities
PlatformsWeb, CloudWeb, Mobile, Api
FoundedUnknown1977

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Energy).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Novity

  • TruPrognostics engine
  • Cold-start modelling
  • Fault mode diagnosis
  • Remaining useful life
  • Existing sensor reuse
  • Recommended actions
  • Historian connectors
  • Asset class libraries

Only in Oracle Utilities

  • Customer information system
  • Billing and invoicing
  • Meter data management
  • Customer self-service portal
  • Revenue management
  • Credit and collections
  • Field service management
  • Regulatory compliance

What people use each for

The jobs each tool is most often brought in to do.

Novity

  • A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot Oracle Utilities
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot Oracle Utilities
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot Oracle Utilities
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot Oracle Utilities

Oracle Utilities

  • Customer information and billing systems for electric, gas and water utilitiesnot Novity
  • Meter data management for utility smart metering programmesnot Novity
  • Work and asset management for utility field operationsnot Novity

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Novity

  • Novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • Physics-based models must be configured per equipment class, so each new asset type is an engineering engagement rather than a configuration screen, and rollout speed is limited by Novitys own capacity.
  • Prognostics depend on the quality and sampling rate of your historian data; plants recording ten-minute averages will not get useful remaining-useful-life estimates without new instrumentation.
  • Nothing about pricing is published and there is no self-service entry point, so evaluation always starts with a sales-led pilot on a handful of assets.
  • The deployment footprint is concentrated in oil and gas, LNG and water, so reference customers and pre-built asset models outside those industries are limited.

Oracle Utilities

  • Oracle Utilities does not appear on Oracle's published price list index, which covers Technology, eBusiness Suite, Fusion Applications, Engineered Systems, Business Intelligence, Siebel, PeopleSoft, JD Edwards, MySQL, Java and several cloud lines
  • Where Oracle does publish prices they are downloadable PDF price lists rather than an interactive pricing page
  • Oracle publishes separate commercial and US Public Sector price lists, so the commercial rate does not apply to government buyers

Pricing, plan by plan

Novity

On request
  • TruPrognostics$undefined/year
    • Quoted per asset class and monitored equipment count
    • Model configuration and commissioning quoted as a project
    • Typically an annual subscription tied to a pilot then a rollout

Oracle Utilities

On request

No published plan breakdown. See the Oracle Utilities review.

Which should you pick?

Choose Novity if

  • You need truprognostics engine.
  • You work on Web, Cloud.
  • You also want cold-start modelling.
Novity review

Choose Oracle Utilities if

  • You need customer information system.
  • You work on Web, Mobile, Api.
  • You also want billing and invoicing.
Oracle Utilities review

Questions people ask

Is Novity or Oracle Utilities better?
Neither clearly leads. Novity starts at On request and Oracle Utilities at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Novity or Oracle Utilities?
Novity starts at On request and Oracle Utilities at On request.
Does Novity or Oracle Utilities run on more platforms?
Novity runs on Web, Cloud. Oracle Utilities runs on Web, Mobile, Api.
What is Novity best used for?
Novity is most often used for a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround, an lng terminal with critical compressors and no run-to-failure history to train a conventional model, a wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizon, a generator operator supplying data centre load where an unplanned trip carries contractual penalties. Of those, a gas processing plant that needs a defensible time-to-failure number before deferring a turnaround and an lng terminal with critical compressors and no run-to-failure history to train a conventional model are not what Oracle Utilities is typically brought in for.
What can Novity do that Oracle Utilities cannot?
Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life. Oracle Utilities covers Customer information system, Billing and invoicing, Meter data management, Customer self-service portal.

Answered from the vendors’ own pages

Novity: What does Novity actually output?

A named failure mode and an estimated remaining useful life with a confidence band, not just an anomaly alert.

Novity: Do we need failure history to train it?

No. The physics component is what lets it produce useful prognostics on equipment with little or no run-to-failure data.

Novity: Do we need new sensors?

Often not. It reads from your existing historian, but low sampling rates or missing measurements can require additional instrumentation.

Novity: Who backs the company?

It was spun out of Xerox PARC and took a strategic investment from Acario Innovation, the venture arm of Tokyo Gas, in 2026.

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