In today's hyper-connected world, cloud reliability isn't just a nice-to-have—it's essential for businesses, especially in regulated industries like utilities and energy. The recent global AWS outage on October 20, 2025, serves as a stark reminder of this reality. Triggered by DNS issues affecting DynamoDB in the US-EAST-1 region, the disruption caused widespread downtime for major platforms, including Amazon's own services, Snapchat, Roblox, Fortnite, banks, airlines, and delivery apps.
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Last week, the Edison Electric Institute (EEI) released compelling new data highlighting the massive capital expenditures planned by America's investor-owned electric companies for 2025. According to the report, these companies are projected to invest nearly $208 billion to enhance the nation's energy grid—making it smarter, stronger, more efficient, and more secure.
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Inc. revealed today that Lucasys, the leading provider of tax technology and technology-enabled services for regulated utilities, is named to Inc 5000.
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On July 4, 2025, President Trump signed into law the highly anticipated One Big Beautiful Bill (OBBB), bringing sweeping changes to tax law and major updates to depreciation and business interest expense provisions. As tax and finance teams across the country begin digesting these new requirements, one thing is clear: the ability to adapt quickly is more important than ever.
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We’re excited to share that Lucasys has successfully completed its SOC 1 Type II certification—a significant milestone that highlights our unwavering commitment to security, control, and financial accuracy for our customers. At Lucasys, we understand the responsibility that comes with delivering software and services that directly impact our customers’ financial reporting.
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We’re excited to announce that Lucasys’ suite of tax applications is now available on the SAP® Store! This milestone follows our recent partnership within the SAP® PartnerEdge® Open Ecosystem, reflecting our commitment to delivering innovative, purpose-built solutions for rate-regulated utilities and asset-intensive businesses.
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