OREANDA-NEWS. January 18, 2016.
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 ranked the top Leader in the
Navigant Research
Leaderboard Report on Meter Data Management Systems (MDMS). According to
the
report,
published in Q4 2015, while it is a close race at the top in this highly
competitive field,
Itron surfaced "as the company to beat, as it is
firmly entrenched in the MDMS market and has big plans for the future."
"Itron's network of partners, base of customers, managed smart meters
and entrenchment in the market solidify its position as the top MDMS
player in this Leaderboard," said
Paige Leuschner, research associate at
Navigant Research. "While the competition are all in close pursuit,
Itron was able to differentiate itself by its roadmap and revamped
strategy for its MDMS offering. The company is preparing a new strategy
to meet the needs of customers in an IoT future. These innovations and
upgrades will bring new technologies and capabilities to the market;
this has the potential to revolutionize Itron's already comprehensive
MDM solution."
"Itron is honored to be the Leader in the Navigant Research Leaderboard
Report on Meter Data Management Systems. Itron's MDM solution continues
to receive recognition in the industry, further validating our focus
on delivering outcomes to our customers through software and services,"
said
Bruce Douglas, senior vice president and general manager of
software and services at Itron. "Itron believes that utilities want more
from their data to enhance the return on investment from their AMI and
smart grid systems. Meter data management is no longer solely for
automated billing, it needs to provide value-based analytics that drive
outcome-based solutions, such as revenue assurance, leak and impedance
detection and cathodic protection."
In production at 72 energy companies and managing data from more than 37
million meters across six continents, Itron Enterprise Edition (IEE) MDM
is an industry-leading MDM solution. The highly-scalable enterprise
application centralizes the collection, processing, storage and complex
analysis of meter and other utility-related data. The solution is
pre-integrated with Itron Analytics, which can be delivered off the
shelf or through cloud-based services solutions and creates value and
insights from smart metering data. In addition, with Itron Total
Services, Itron manages all aspects of a utility's data collection
system, including MDM and analytic applications, with a simplified,
subscription-based pricing structure.
According to the Navigant Research report, Leaders attain their rank by
offering comprehensive MDM solutions that align with the current needs
of utility customers while also developing strategies and roadmaps that
address the future needs of the market. In addition, these companies
have a global network of customers and partners and a heavy presence in
the market. Leaders have clearly differentiated themselves from the
competition through exceptional product development, a strong base of
customers and a forward-looking strategy for their solutions.
To learn more about the Navigant Research Leaderboard Report on Meter
Data Management Systems, visit this link.
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. Together, we can create a more resourceful world. Join us: www.itron.com.
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