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United States

Profile: Itron Inc (ITRI.O)

ITRI.O on Nasdaq

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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. It offers a product portfolio, including standard meters and smart metering products, systems and services, 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 licensing meter data management and analytics software, managed services, software-as-a-service (hosted software), technical support services, licensing hardware technology, and consulting services. It classifies metering systems into two categories: standard 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.

Smart metering systems employ meters or modules, which have two-way communication capability embedded in or attached to a meter to collect and store meter data, which is transmitted to handheld computers, mobile units, telephone, radio frequency (RF), cellular, power line carrier (PLC), fixed networks or through 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. This allows utilities to collect and analyze meter data to optimize operations, 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, and home area networks.

Electricity

The Company is the supplier of electricity metering solutions, including standard meters and smart metering systems. The segment's products include standard electricity (electromechanical and electronic) meters; smart metering solutions that include smart electricity meters; smart electricity communication modules; prepayment systems, including smart key, keypad and smart card communication technologies; smart 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 smart metering systems. The segment's products include standard gas meters; smart metering solutions that include smart gas meters; smart gas communication modules; prepayment systems, including smart key, keypad and smart card communication technologies; smart 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 smart 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; smart metering solutions that include smart water meters and communication modules; smart heat meters; smart 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 Corporation, Silver Spring Networks, Inc., OSAKI Group, Charterhouse Capital Partners, Xylem, Inc., Trilliant Networks, Apator, LAO Industria, Diehl Stiftung & Co. KG, Zenner International GmbH & Co. KG, Badger Meter, Inc., Kamstrup Water Metering L.L.C., Roper Technologies, Inc., Echelon Corporation and National Instruments Corporation.

Company Address

Itron Inc

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

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