Profile: Itron Inc (ITRI.O)
Itron, Inc. (Itron), incorporated on December 1, 1977, is a technology and services company. The Company provides solutions that measure, manage and analyze energy and water. Its product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software, as well as managed and consulting services. It is a supplier of a range of meters, communication modules and smart metering and automation systems. The Company’s communications network platform supports Internet Protocol, power line carrier (PLC), and cellular network protocols. Its software provides mobile and networked meter reading, meter data management, customer care, billing, distribution design and analysis, forecasting, and load research. Its range of services includes delivery solutions and managed services on-site or through cloud solutions.
The Company’s solutions include standard meters and advanced and smart metering products, systems, and services. It supplies solutions to the water industry, including increasing customer demand and resource scarcity. It offers a complete product portfolio, including standard meters and advanced and smart metering products, systems, and services, for applications in the residential and commercial industrial markets for water and heat. It classifies metering systems into three categories: standard metering, advanced metering systems and technology, and smart metering systems and technology. It operates in three segments: electricity, gas, and water.
A standard meter measures electricity, natural gas, water, or thermal energy by mechanical, electromechanical, or electronic means, with no built-in remote-reading communication capability. 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. Advanced metering uses 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/or fixed networks. This allows utilities to collect meter data for billing systems and analyze the data for more efficient resource management and operations. It produces electricity, natural gas, and water advanced metering systems and technology. Smart meters are capable of collecting and storing interval data, remotely connecting and disconnecting, sending detailed information, receiving commands, and may interface with other devices, such as in-home displays, smart thermostats and appliances, home area networks, and advanced control systems.
The Company competes with The Resolute Fund, L.P., General Electric Company, Echelon, ESCO Technologies, Trilliant Networks, Silver Spring Networks, Diehl Stifung & Co. KG, Neptune Technologies, Badger, Sensus and Landis+Gyr.
2111 North Molter Road
LIBERTY LAKE WA 99019