Edition:
United States

Profile: Itron Inc (ITRI.O)

ITRI.O on Nasdaq

66.20USD
27 Feb 2017
Change (% chg)

$0.30 (+0.46%)
Prev Close
$65.90
Open
$65.80
Day's High
$66.45
Day's Low
$65.65
Volume
255,243
Avg. Vol
215,920
52-wk High
$66.45
52-wk Low
$38.01

Itron, Inc. (Itron), incorporated on December 1, 1977, is a technology and service company. The Company provides solutions that measure, manage, and analyze energy and water use. The Company operates through three segments: Electricity, Gas and Water. It provides a portfolio of products, solutions, software and services to electric, gas, and water utility customers across the globe. It offers solutions that enable electric and natural gas utilities to build smart grids to manage assets. Its solutions include standard meters and smart metering products, metering systems, and services. It offers product portfolio for applications in the residential and commercial industrial markets for water and heat. The Company operates under the Itron brand across the world. Its Gas and Water manufacturing facilities are located throughout the world, while its Electricity manufacturing facilities are located in Europe, Middle East and Africa (EMEA), and North America.

The Company offers a portfolio of services, including meter data management and analytics software, managed services, software-as-a-service (hosted software), technical support services, licensing hardware technology and consulting services to its customers. It classifies metering systems into three categories: standard metering systems, advanced metering systems and smart metering systems. Standard metering systems employ a standard meter, which measures electricity, natural gas, water or thermal energy by mechanical, electromechanical or electronic means. Standard meters require manual reading, which is typically performed by a utility representative or meter reading service provider. It produces standard residential, commercial and industrial (C&I), and transmission and distribution (T&D) electricity, natural gas, water and heat meters across the world.

Advanced metering systems use a meter with a one-way communication module embedded in or attached to the meter to collect and store meter data, which is transmitted to handheld computers, mobile units and fixed networks. This allows utilities to collect meter data for billing systems and analyze the data for resource management and operations. It produces electricity, natural gas, and water advanced metering systems and technology across the world. Communication technologies can vary by region and country and include telephone, radio frequency (RF), cellular, power line carrier (PLC) and Ethernet devices.

Smart metering systems employ meters, which have two-way communication capability to collect and transmit meter data to support various applications beyond monthly billings. Smart meters can collect and store interval data, remotely connect and disconnect service to the meter, send data, receive commands and interface with other devices, such as in-home displays, smart thermostats and appliances, home area networks and advanced control systems. Smart meters can also include adaptive communication technology (ACT). ACT enables selection of the optimal communications path, utilizing RF or PLC, based on network operating conditions, data attributes and application requirements.

Electricity

The Company is the supplier of electricity metering solutions, including standard meters and advanced and smart metering systems. The segment's products include Standard electricity (electromechanical and electronic) meters; advanced electricity meters and communication modules; smart electricity meters; smart electricity communication modules; prepayment systems, including smart key, keypad and smart card communication technologies; advanced systems, including handheld, mobile and fixed network collection technologies; smart network technologies; meter data management software; knowledge application solutions; installation; implementation, and professional services, including consulting and analysis.

Gas

The Company is the supplier of gas metering solutions, including standard meters and advanced and smart metering systems. The segment's products include standard gas meters; advanced gas meters and communication modules; smart gas meters; smart gas communication modules; prepayment systems, including smart key, keypad and smart card communication technologies; advanced systems, including handheld, mobile and fixed network collection technologies; smart network technologies; meter data management software; knowledge application solutions installation; implementation, and professional services, including consulting and analysis.

Water

The Company is the supplier of standard and advanced water meters and communication modules. Its Water segment includes both global water and heat solutions. The segment's products include standard water and heat meters; advanced and smart water meters and communication modules; advanced systems, including handheld, mobile and fixed network collection technologies; meter data management software; knowledge application solutions; installation; implementation, and professional services, including consulting and analysis.

The Company competes with Sun Capital Partners, Honeywell International Inc., Toshiba, Silver Spring Networks, Inc., OSAKI Group, SAS, The Resolute Fund, L.P., Trilliant Networks, Avantha Group, LAO Industria, Apator, Diehl Stiftung & Co. KG, Zenner International GmbH & Co. KG, Badger Meter, Inc. and Roper Industries, Inc.

Company Address

Itron Inc

2111 N Molter Rd
LIBERTY LAKE   WA   99019-9469
P: +1509.9249900
F: +1509.8913355

Company Web Links