OREANDA-NEWS. Itron, Inc. (NASDAQ:ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it has been named a Grid Edge 2016 Award winner by Greentech Media for its OpenWay Riva IoT solution. The Grid Edge Awards represent the top 20 companies or projects that have a demonstrated potential to shape tomorrow's distributed energy system.

Greentech Media recognized Itron for its OpenWay Riva IoT solution, which combines a powerful distributed computing platform for edge devices with enhanced communications capabilities to enable new applications and use cases for electric, gas and water utilities and smart cities. These include applications to improve grid and pipeline safety, efficiency, reliability and asset management; to accommodate more renewable and distributed generation onto the grid; and to drive improvements in customer-facing applications such as demand response, energy efficiency and water conservation.

The Grid Edge Awards identify companies that embody grid edge industry transformation. Winners include pioneers, established technology vendors, utilities, energy providers and others who showcase innovative products, market-disrupting business models and an overall forward-looking vision. Awardees are nominated by and voted on by energy industry stakeholders, including the team of analysts at GTM Research.

"For the past three years, Greentech Media has identified companies at the heart of grid transformation with its Grid Edge Awards list," said Steve Propper, director, Grid Edge, GTM Research. "Itron's OpenWay Riva solution is one example of how technology is leading the transformation to a more distributed energy future."

"Itron's OpenWay Riva IoT solution is changing the way our utility customers think about managing their distribution networks in an IoT world, so it is quite fitting for us to receive a Grid Edge Award and we are honored to receive this recognition," said Simon Pontin, Itron's chief technology officer. "Our OpenWay Riva solution builds upon proven OpenWay networking technology with an open device platform on which our customers and our technology partners can innovate - this is really just the beginning of the story."

Itron will receive the award at Grid Edge World Forum, taking place June 21-23 in San Jose, California. 

About Itron

Itron is a world-leading technology and services company dedicated to the resourceful use of energy and water. We provide comprehensive solutions that measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. With thousands of employees supporting nearly 8,000 customers in more than 100 countries, Itron applies knowledge and technology to better manage energy and water resources.