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Press Release

Itron Named the Top Leader in Navigant Research Leaderboard Report on Meter Data Management Systems

Report recognizes Itron for comprehensive offering, innovative roadmap and compelling vision

LIBERTY LAKE, Wash.—Jan. 14, 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 enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® and OpenWay® are registered trademarks of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

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