Itron

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Itron, Inc.

Type	Public
Traded as	Nasdaq: ITRI S&P 600 Component
Industry	Technology
Founded	1977
Headquarters	Liberty Lake, Washington , United States
Number of locations	49 sites in over 100 countries (of which 27 are manufacturing facilities)
Key people	Tom Deitrich (President & CEO)
Products	Itron Riva Smart Meters Smart Grid Data Collection Analysis Software Data Management Water Comm Modules Professional Services Sensing + Control Solar Monitoring
Revenue	$2 billion (2014) [1]
Number of employees	8,000[2]
Website	itron.com

Itron is an American technology company that offers products and services on energy and water resource management. Its headquarters is in Liberty Lake, Washington, United States. Its products and services include technology solutions related to smart grid, smart gas and smart water that measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. Itron has over 8,000 customers in more than 100 countries.^[3]

Itron OpenWay electricity Smart meter with two-way communications for remote reading in use by DTE Energy

History ^[4][]

Itron was founded by a small group of Washington Water Power engineers trying to find more efficient ways to read meters in Hauser Lake, Idaho, in 1977.^[5] In 1984, Itron experienced global expansion into the Asian market and developed new manufacturing plants in France and the U.K. By 2006, Itron consulting teams were created to offer services for energy efficiency programs, renewables, conservation and demand response. Itron gained national recognition from the White House in 2010, for its commitment to U.S.-based manufacturing and contributions to a clean energy economy.^{[citation needed]} Within the same year, Itron and Cisco formed an alliance to deliver Internet Protocol (IP) communications to the smart grid market thus changing networking capabilities for utilities. Itron is a founding member of the Smart Cities Council, having joined in 2013. Itron is also a partner of Microsoft CityNext helping with global Smart City initiatives. After developing Itron OpenWay Riva adaptive communications technology (ACT), Itron launched the Itron Riva Developers Community for the Internet of Things, for developers interested in developing software applications for the IoT space.^[6]

In 2020, Itron and Smart Energy Water signed the reseller agreement to promote customer experience in the Global Energy and Water Industries. With this agreement, Itron would offer an integrated solution that combines Itron’s Industrial IoT (IIoT) network and software platform with SEW’s cloud-based customer engagement software.^[7]

Acquisitions[]

2017 - Itron acquires Silver Spring Networks
2017 - Itron acquires Comverge
2012 - Itron acquires SmartSynch, cellular communications and also acquires C&N GasGate Technology for enhanced smart gas distribution systems.
2007 - Itron expands global footprint and both gas and water metering products are added to product portfolio. Itron acquires Actaris Metering Systems.
2004 – Itron acquires Schlumberger Electricity Metering.
2002 - Itron acquires software for distributed system design, field workforce management and energy forecasting.
1996 - Itron acquires UTS, bringing MV-90 metering software application to its product portfolio.
1995 - AEG Meters are acquired with production sites in Italy, Germany, Spain & South Africa.
1993 – Itron acquires two German companies, Heliowatt and Danyl.
1989 - Itron acquires a number of metering companies including, Thorn Emi Gas Metering in the U.K. and Bosco Spa in Italy.
1987 – Itron acquires Allmess Congermania and Conteuro Rigas in Europe, as well as three U.S. companies for gas and water meter technology, Sprague, Sangamo, and Neptune, respectively.^{[citation needed]}

Utilities[]

Various utilities have worked with Itron to deploy smart meters, advanced communications technology, analytics software and other resource management solutions. Below are some of the utilities that have worked and partnered with Itron for smart meter projects.

• North America: CenterPoint Energy; Southern California Edison; Pacific Gas & Electric; BC Hydro; FirstEnergy; DTE Energy; San Diego Gas & Electric; Cleveland Water; Sacramento Municipal Utility District; Glendale Water and Power; Rancho California Water District; Los Angeles Department of Water and Power (LADWP).
• Europe, Middle East & Africa: EDF Energy; Gaz Réseau Distribution France (GRDF); Yorkshire Water; Italgas; Malta Water Services Corporation; State Oil Company of Azerbaijan (SOCAR); Aguas de Valencia; Linea Distribuzione, Stadtnetze Neustadt and Stadtwerke Garbsen.
• Asia Pacific & Australia: Powercor; CitiPower; PT Perusahaan Listrik Negara (PLN); Hong Kong Water; Sydney Water; Mitsubishi Electric Corporation; Tonga Power Limited (TPL).
• South America: Iberdrola; Dominican Corporation of State Electricity Companies; NAMC Algeria; CPFL Energia; Eletrobras; ELO Sistemas Eletrônicos (ELO).

References[]

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External links[]

• Itron Yahoo Finance profile