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.
Itron is a world-leading technology and services company dedicated to the resourceful use of energy and water. We provide comprehensive solutions that measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. With thousands of employees supporting nearly 8,000 customers in more than 100 countries, Itron applies knowledge and technology to better manage energy and water resources. Together, we can create a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc.
For additional information, contact:
Vice President, Corporate Marketing and Public Affairs
(509) 891 3524