Profile: Itron Inc (ITRI.O)

ITRI.O on Nasdaq

35.50USD
12 Feb 2016
Change (% chg)

$1.32 (+3.86%)
Prev Close
$34.18
Open
$34.57
Day's High
$35.50
Day's Low
$34.39
Volume
315,505
Avg. Vol
264,860
52-wk High
$39.91
52-wk Low
$27.93

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Itron, Inc. (Itron), incorporated on December 1, 1977, is a technology and service company, offering metering solutions to electric, natural gas, and water utilities around the world. The Company provides solutions that measure, manage, and analyze energy and water use. The Company operates in three segments: Electricity, Gas, and Water. It offers a product portfolio, including standard meters and advanced and smart metering products, metering systems, and services, for applications in the residential and commercial industrial markets for water and heat. Itron offers a portfolio of services to its customers from standalone services to end-to-end solutions. These include licensing meter data management and analytics software, managed services, software-as-service (hosted software), technical support services, licensing hardware technology and consulting services.

The Company classifies metering systems into three categories, which include 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 more 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 dynamic 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. 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 Melrose PLC, Electric Company, Toshiba, Sun Capital Partners, OSAKI Group, SAS, The Resolute Fund, L.P., Silver Spring Networks, Trilliant Networks, Avantha Group, Landis+Gyr, Aclara, Apator, Sensus, Diehl Stiftung & Co. KG, Elster, Sensus, Zenner International GmbH & Co. KG, Badger Meter, LAO Industria and Roper Industries.

Company Address

Itron Inc

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

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